CardSpike Rakeback

CardSpike is one of the newest online poker rooms, which is good because it means you may not have a real money account with Card Spike yet, so you can open one with a rakeback deal. CardSpike is part of the Cake Poker network, so a rakeback account at CardSpike is also a good idea for Cake players who love the Cake network, but who cannot open a rakeback account through Cake. Unfortunately rakeback is not available to existing account holders. So Cake players can move over to CardSpike and start getting rakeback.

The CardSpike rakeback deal pays 33% of your rake back to you. For frequent players or occasional players, as long as you play with real money, you can get a rebate on the rake you pay out to Card Spike. Rake is a charge that you pay the house, in this case the CardSpike poker room, to play on their tables.

CardSpike makes it easy for players to collect rakeback. All you have to do is nothing. They calculate the rakeback and then deposit the cash into your account automatically with no request needed.

Signing Up

When you are ready to set up your rakeback account, make sure you do not have any CardSpike software on your computer. If you do, delete it and clear the cookies on your computer. (It’s okay to get rakeback if you’ve had a play money account.) Then re-download the software. Make sure to enter in the “Tracking Code” box: XXXXXXX.

Card Spike also offers an additional bonus for rakeback players. This bonus is for players who generate more than $1000 in rake per month. When you hit the $1000 mark, which by the way will pay out $333 in rakeback, you will automatically be entered in the special VIP Loyalty Program rakeback bonus. Your VIP privileges will instantly be upgraded.

How Rakeback is Calculated at CardSpike.com

Rake is collected in the dealt rakeback method, which means if you are dealt a hand, even if you fold, you will be responsible for your part of the rake. Your net rake is calculated once per month. All deposit bonuses and winnings collected via Gold Card and Gold Chip promotions and the Gold Card lottery are all subtracted from your gross rakeback amount. After this is calculated, you will receive your 33% rakeback sometime between the 1st and the 5th of the month. It’s really a nice addition to your bankroll, especially when you may not have as many funds to deposit at the beginning of the month.

It's Necessary

If you are a player who generates a lot in rake, you are losing money by not getting rakeback. Don’t miss out on getting some of your money back. Rakeback comes from rake you generate. Rake comes straight out of your bankroll. Essentially, by making a rakeback deal with an online poker room, you are saving money on rake.