Tag Archive | "rakeback"

Poker Propping

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Written By: Al Neipris for RakeBackNation.com

I was still relatively new to internet poker when someone I’d met on the 2+2 poker forum asked me if I had any interest in becoming a prop. He was a smart, super-aggressive young player whom I’d been corresponding with on the finer points of limit strategy, and I had all the respect in the world for him. He was just one of those guys with an obvious gift for the game. By virtue of a bedroom full of computer monitors and I’m guessing, an occasional Ritalin boost, he was playing as many as 8 tables at a time, and despite the fact he was playing no higher than 3-6 I had no trouble believing him when he told me he was taking down a 100k a year. After he confessed that he was only 17 years old and playing on his older brother’s account, I was even more impressed. When I was 17, I was still sucking my thumb. If he thought poker propping was a good deal, I was interested.

He explained via e-mail, no doubt in between capping it up at all eight tables while doing his algebra homework, that a prop’s general function is to play at sites that don’t get a lot of traffic, so that when customers do show up they’ll be more likely to have someone to play with. Naturally, there’s nothing worse for a poker site than a lack of players. Payment is usually in the form of rakeback, often as much as 100 percent and occasionally even more.

This sounded good to me. If you’re new to the game and haven’t been paying much attention to just how much you‘re forking over in rake every month, especially if you’re playing limit, I suggest installing poker tracker or some such software to see just how expensive it is. At the lower limits, say anything under 3-6, it’s often literally impossible to be a long term winner, so onerous is the house‘s cut. This is no different than live poker of course, but online you’re playing so many more hands that the raw numbers add up very quickly, all the more so if you’re multi-tabling.

Suddenly that 100k my young friend was making sounded just a little less impressive. By playing all those tables at once, he was effectively guaranteeing himself a huge income even with a no better than break even performance as a poker player.

Like any job if course, propping has its drawbacks. A good prop’s most important role is to start games, and some players aren’t comfortable with shorthanded and heads up play. Then too, perhaps even more significantly, a prop must give up his independence, and in my experience poker players tend to be an independent breed. A prop must play at sites he ordinarily might not play at, at tables and against players he might not otherwise choose.

Also, depending on the site, there are usually seating rules to follow, like the requirement to leave a table when it fills up, or limits on the number of props allowed in any one game. Such rules are not difficult to follow, but they can be annoying, especially for those players who quite rightly put a lot of emphasis on table and seat selection. Such a player might be understandably reluctant to trade a table full of passive fish, especially if he’s got a strategically advantageous seat, for an extended game of heads-up with some fiercely aggressive prop.

But I decided to give it a try. By that time in my online career, I was putting in anywhere between 15 and 20 hours a week at the tables, and the chance to recover all that rake seemed too good to pass up. I hadn’t played much heads up before, in fact almost none, but I had confidence in my general skills as a poker player and had always thought of myself as a quick learner.

Looking back, it’s kind of absurd, how nervous I was. My main concern was that I’d be playing shorthanded against other props, and I just assumed they’d all be strong players, an assumption that quickly proved to be false. But it wasn’t just that. Suddenly, this vaguely illicit source of extra income had been elevated to the status of semi-respectable employment. It just felt funny to me, like I’d gone straight or something. Sitting at home in front of my computer that first day in my customary shorts and tee shirt, I suddenly had the feeling that I should get up and put on a tie.

Necessary poker skills aside, the job of propping itself is about as mentally challenging as bagging groceries, and yet I have to admit that things did not go smoothly at first. In those days, it was common for the host site to require shift managers whose role it is to direct prop traffic and just generally make sure that seating rules are being followed. The first site I propped at actually paid by the hand, a different arrangement than the usual rake back, and they had a rule that props were not allowed to play heads-up with each other. At first this made no sense to me, but after I thought about it a little, a light went on. Unethical props (I know, I know, hard to believe), could simply trade blinds back and forth, thus generating no rake for the site while getting paid at the rate of 100+ hands an hour. Nice work if you can get it, but not too good for the house.

I logged on that first day and notified the shift manager I was ready to play. Since there were no other seats available, he directed me to an empty 5-10 table to wait for customers. In short order I had one, or thought I did anyway, and I was off and running. But after a couple of minutes I got a frantic instant message from the shift manager demanding to know what I thought I was doing, playing heads up with another prop. I took another look at the list of props I’d been given, and sure enough there was his name. So anxious had I been that I’d somehow missed it. It was an important rule I’d inadvertently broken, one of the two or three written in bold print, so you couldn’t possibly miss it, and for a minute or two I thought my propping career was over before it had even begun.

I wish I could say I’ve not broken any rules since, but we’re all human and I’m sure I’ve made a few more unintentional mistakes along the way. Still, I give it my best effort. Propping’s been good to me over the years, affording a decent income for doing pretty much what I’d be doing anyway. As to the young friend who first suggested I give it a try, I lost track of him not long afterward, which is too bad because I’ve never had the chance to properly thank him. But the world of Internet poker often seems a shadowy, insubstantial place in a constant state of flux, sites coming and going, multitudes of anonymous, faceless players and sometimes even those we’ve come to think of as friends, appearing and then disappearing at the speed of light, like so many virtual ghosts.

But the money’s real. Oh yes, the money’s real.

 

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Raider Poker Review

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Written By: FreePokerFind.com

Raider Poker is an up and coming poker room and is part of the Everleaf Gaming Network, which is regulated by the Malta Lottery and Gaming Authority (LGA). Raider Poker is a US friendly poker room and offers real and play money poker games, tournaments, great promotions and one of the best cash rakeback deals among all the online poker rooms. It also offers a great refer a friend promotion allowing you to invite your friends while both of you receive a bonus.

Raider Poker Bonus Terms and Conditions

Receive 100% up to $500 first deposit bonus. You can easily convert your bonus by earning 15 Poker Points for each bonus dollar. You get 45 days to clear the bonus before it expires.

Poker Points

You can earn Poker Points at Raider Poker by playing in ring games, sit and go’s or multi-table tournaments.

Ring Games: For every 10 cents you contribute to the rake you earn 1 Poker Point.
Sit And Go and Multi Table Tourneys: You earn 1 Poker Point for every 10 cents you pay in tournament fees. For a $10+$1 tourney you will earn 10 Poker Points.

Poker Points can also be used to enter many daily freerolls and exclusive weekly & monthly freerolls.

Weekly Rakeback Terms and Conditions

Raider Poker offers a Weekly 35% Cash Rakeback that is paid in your account every Tuesday. The only condition is that a minimum of $10 in rake has to be contributed before you begin to earn rakeback.

This is really a dream come true for many players who will no longer have to wait 30 long days every month to get their rakeback. This ensures that you are never short of a bankroll for playing your favorite game.

First Impression

The Raider Poker website is very simple and easy to navigate and is available in English, German, Spanish and Italian. The software is available in the above four languages. The software is a little large in size at 15 MB plus and takes some time to download. However, the installation is smooth and the software interface is very easy to understand for any player, beginner or pro. Lots of action at the low limit tables in the NL Holdem section. A great room to practice your poker as you learn it.

Player Traffic

Ring Game Traffic:

Since Raider Poker is relatively new the traffic is still picking up with around 500 ring game players during peak hours. However, more and more players are joining every day as a result of their industry leading 35% Weekly Cash Rakeback offer, as well as great guaranteed tournaments and promotions.

Tournament Traffic:

There are more tournament players at Raider Poker than ring game players. The reason behind this is the large number of freerolls and attractive guaranteed tournaments, which always offer overlays and a great value for money proposition.

Sit and Go Traffic:

You will always find sit and go players at Raider Poker, which is helped by the fact that you can play a sit and go tourney for as little as 10 cents. Most of the action is in the lower limit tournaments up to $5.

Features in detail

Raider Poker is a new Poker room hence the game options available are limited to Texas Holdem, Omaha, Omaha Hi-Lo and Seven Card Stud. Stakes at No Limit Texas Holdem tables range from $.05/$.10 to maximum of $50/$100.

Raider Poker Sit and Go’s are great for new players as well as players with limited bankrolls. Buy-ins for sit and go tournaments start at just 10 cents. You can play heads up, 6 player shorthanded or 10 player Sit and Go’s.

Multi Table Tournaments are popular at Raider Poker due to great prizes like cruises and huge overlays in the guaranteed tourneys.

Apart from that Raider Poker offers many freerolls as well as special satellites to its big money guaranteed tourneys.

Raider Poker Tournaments

Raider Poker has several guaranteed tournaments available to its players but due to the fact that it’s a new poker room, often there are huge overlays.

For example, here are some completed guaranteed tournament figures from just one day:

Tourney Date 11th July 2008, $250 Guaranteed, Buyin: $1+$.10 + Rebuys.
Total players: 57, Rebuys Made: 99, Add-ons made: 32 – Total Buyin: $188 Only.
Tournament Overlay: $62

Tourney Date 11th July 2008, $1000 Guaranteed, Buyin: $10+$1 +Rebuys.
Total players: 23, Rebuys Made: 31, Add-ons made: 12 – Total Buyin: $660 Only.
Tournament Overlay: $340

Tourney Date 11th July 2008, $5000 Guaranteed, Buyin: $25+$2.50 +Rebuys.
Total players: 56, Rebuys Made: 44, Add-ons made: 25 – Total Buyin: $3125 Only.
Tournament Overlay: $1875

This shows the amazing value available to you if you are a multi-table tournament player at Raider Poker.

Software

Even though the software takes a bit longer to download, once you install it you will understand the reason behind it. It’s full of features which every online poker player will love. Even though the interface is very simple it has features like real poker player avatars, Choose/Dismiss the dealer, “My Folded Hand” (It shows your folded hand throughout that game), hand history playback, cards and chips selections, real time statistics and the ability to take player notes.

The ring game lobby shows the average pot size, player/flop percentages and hands per hour.

The graphics are really nice and you will slowly fall in love with the simplicity and power of this feature rich poker room client.

Support

Raider Poker offers 24 hour Live Chat and Email support options. The Live Chat is very friendly and the customer service agents are helpful and friendly as well. Email support is very fast. Raider Poker takes good care of its players and provides them with excellent support.

Security

Raider Poker provides you security on three levels:
1) IT Security
Raider Poker uses a true random number generator (TRNG) thus ensuring that nothing can be predicted or misused, thus ensuring fair play and equal opportunity to all players. The software is tested and monitored 24 hours a day.
2) Legal Security
Raider Poker operates on a regular Maltese Remote Gaming License and follows all stringent rules and guidelines set by the Malta Remote and Gaming Authority to ensure the safeguarding of the account holder.
3) Financial Transaction Security
Raider Poker follows the highest security standards for securing the financial transactions of the members. This involves security checks for credit card transactions, encrypted data transfers, manual verification requests and full privacy of the financial data of the account holder.

Banking

Raider Poker offers multiple deposit and withdrawal options.

Deposit Options:

US Players : PIC-CLUB
Ewallets : Moneybookers, Neteller, ECO Card, ClickandBuy, WebMoney and Neteller (1-PAY).
Credit Cards : VISA, MasterCard, Postepay, Paygea, Maestro(Powered by Moneybookers) and Solo(Powered by Moneybookers)
Pre-Paid : Paysafecard and Ukash
Other : Bank Wire Transfer and InterAccountTransfer( Player to Player Transfers)

Withdrawal Options:

US Players : PIC-CLUB
Ewallets : Moneybookers, Neteller, ECO Card, ClickandBuy, WebMoney and Neteller (1-PAY).
Credit Cards : VISA, Paygea
Pre-Paid : Paysafecard and Ukash
Other : Bank Wire Transfer and InterAccountTransfer( Player to Player Transfers)

Pros and Cons

Pros:
US Friendly Poker Room
Great First Deposit Bonus
Best Weekly 35% Rakeback Deal
24 Hour Live Support
Easy to Use Software
Huge Overlays in Guaranteed Tournaments
Weak Players – Plenty of fish.
Big Choice of Banking options.

Cons:
Traffic is low in ring games at medium/high stakes.
No action in other poker games like Omaha and Seven Stud etc.

Summary

Raider Poker offers feature rich software and 24 hour live support. Raider Poker is the perfect place to play if you’re looking for an excellent rakeback deal, big tournament overlays, great deposit bonus offers and various other promotions. With all of these features, it’s bound to become a poker room of choice for more and more players.

Click here to Download Raider Poker

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