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Despite the $600 welcome bonus offer not having the best value in the industry, Betsson Poker Room stands out with its extraordinary 50% rakeback scheme through SharperGrind.com, complemented by an additional monthly rakeback from Rake Chase.
With an impressive 21 gaming licenses over 4 continents, a strong presence in the LatAm markets, and part of the respected iPoker Network, Betsson Poker Room provides a secure, fair, and potentially lucrative platform for poker players worldwide.
The Betsson Poker Welcome Bonus is released in chunks against rake generated. See table below for the full structure.
To release the full $600 in cash, you need to generate in total of $2,987.50 in rake and do it within 30 days of issue, to give a cashback value of approximately 20%.
| Bonus Amount | Chunks | Rake Required |
|---|---|---|
| $1 | 5 | $2.50 |
| $5 | 19 | $25 |
| $10 | 50 | $50 |
Welcome to our in-depth review of Betsson Poker. In this review, we will explore the exciting world of Betsson’s online poker room, focusing on its enticing bonuses and the exclusive rakeback deal offered to players. Betsson is a reputable and well-established platform, holding 21 licenses across four continents (Europe, North America, South America, and Africa) and operating on the renowned iPoker network. Join us as we delve into the details of Betsson’s welcome bonus, rake method, and the advantages of their rakeback program.
At Betsson Poker, new players are greeted with a generous welcome bonus. The bonus is structured in such a way that players can earn up to $600 in cash. However, it is important to note that the bonus is released gradually, in $5 chunks, based on the rake generated by players. To unlock the full $600 bonus, players need to generate a total of $2,987.50 in rake within 30 days of receiving the bonus.
Betsson operates on the iPoker network, which introduced a new and innovative rake calculation system to enhance the poker experience for players. The iPoker rake system, implemented on January 1, 2015, aims to increase the longevity of recreational players by adjusting their rakeback, thus improving the overall poker ecology.
Under the iPoker rake calculation system, the actual rake structure remains the same, with a percentage of the pot (typically 5%) and a rake cap (such as €3) applied. However, what sets the iPoker system apart is the assignment of rakeback based on the concept of source-based rake (SBR). When rake is taken from a pot, credit for paying that rake is divided as follows:
This innovative approach ensures that net depositors receive a higher rakeback compared to winning grinders who cash out more than they deposit, as they are assigned a higher theoretical rake. The combination of these two parts is referred to as the real player value (RPV).
One of the standout features of Betsson Poker is the exclusive 50% rakeback deal offered to our players. Rakeback is a system that allows players to earn a percentage of the rake they generate while playing. With Betsson’s rakeback deal, players can enjoy significant returns on their gameplay, providing them with long-term value and additional incentives to keep playing.
It’s important to note that the rakeback percentage is not paid from original rake or gross rake, thanks th iPoker’s SBR/RPV rake method.
In extreme examples recreational players can reach rake percentages as high as 100% or more from rake generated, most grinders will fall within the range of net rake 50% to 65%.
That being said, he Betsson rakeback program rewards players for their loyalty and gameplay, making it an attractive option for both casual players and dedicated grinders.
It’s also good to notice that Betsson’t monthly rake chases are paid based on iPoker Loyalty Points earned, and Loyalty Points are always earned based on Original Rake generated, with $1 raked earning 10 iPoker Loyalty Points.
On top of Betsson’s exlcusive and instant 50% rakeback deal for players who register through SharperGrind.com, our players are also eligible for Betsson’s monthly Rake Chase.
You can earn from $5 up to $5,000 extra rakeback, based on the original rake generated.
| Loyalty Points ($1 rake = 10 LP) | Monthly Cash prize | Original Rake Required | Value |
|---|---|---|---|
| 300,000 | $5,000 | $30,000 | 16.67% |
| 250,000 | $4,100 | $25,000 | 16.40% |
| 200,000 | $3,300 | $20,000 | 16.50% |
| 175,000 | $2,800 | $17,500 | 16.00% |
| 150,000 | $2,350 | $15,000 | 15.67% |
| 125,000 | $1,950 | $12,500 | 15.60% |
| 100,000 | $1,550 | $10,000 | 15.50% |
| 80,000 | $1,200 | $8,000 | 15.00% |
| 60,000 | $860 | $6,000 | 14.33% |
| 50,000 | $700 | $5,000 | 14.00% |
| 40,000 | $550 | $4,000 | 13.75% |
| 30,000 | $400 | $3,000 | 13.33% |
| 20,000 | $260 | $2,000 | 13.00% |
| 15,000 | $190 | $1,500 | 12.67% |
| 10,000 | $120 | $1,000 | 12.00% |
| 5,000 | $60 | $500 | 12.00% |
| 2,500 | $30 | $250 | 12.00% |
| 1,500 | $15 | $150 | 10.00% |
| 1,000 | $10 | $100 | 10.00% |
| 500 | $5 | $50 | 10.00% |
SBR/IPV rake model is not optimal for profitable grinders, as it lowers the value of the 50% rakeback deal SharperGrind.com has. However, even sharper players can earn up to 30% from original rake generated, and with Betsson’s Monthly Rake Chase the rakeback can climb easily up to 40% and above.
Summarising the advantages:
Betsson Poker provides a comprehensive and enticing poker experience, backed by a generous welcome bonus and an exclusive 50% rakeback deal for our players. With licenses across multiple continents and operating on the renowned iPoker network, Betsson offers a secure and reputable platform for online poker enthusiasts.
The innovative iPoker rake calculation system, with its focus on source-based rake and real player value, ensures a fair and balanced environment for players of all skill levels. The combination of a rewarding welcome bonus, additional rake opportunities through the Monthly Rake Chase, and the long-term value of rakeback make Betsson Poker a top choice for both recreational players and dedicated grinders.
Join Betsson Poker today and take advantage of their enticing bonuses and lucrative rakeback deal, enhancing your online poker journey and potentially increasing your profitability.
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