25% rakeback model attracts recreational players to LowVig.com, making winning easier for serious professionals
Online PR News – 22-February-2012 –New poker website LowVig.com isn’t quite yet famous for its giant pool of players, but the reduced-juice sportsbook’s online poker portal is quickly becoming renowned for its fish. Serious poker players are reporting big, unexpected, and easy wins in the major popular online poker forums, including 2+2 and PocketFives. But it’s not just the poker pros that are raking in the money.
Recreational players, often referred to as ‘fish’ at the tables, are testing the waters at LowVig.com’s poker portal without having to worry about risking all of their bankroll. The online sportsbook, casino, and poker site is offering online poker players, including those in the United States, better value by handing back up to 25% of the rake each player generates. The money is returned to each player’s account, in cash, every day.
For the casual player, including those that are new to the game, the rakeback means that playing for real money is less of a risk. With up to 25% back in every player’s pocket, losing to a bad beat or getting bluffed out of a hand becomes a lot less painful. And because anything can happen in online poker, casual poker players are finding themselves with massive chip stacks in cash games and poker tournaments, too.
In online poker, much like in land-based poker rooms, the house takes a rake (or percentage) from every pot at the cash tables.
The amount of rakeback a player can earn through LowVig.com depends on how much rake they generate in a day. Players who generate $400.01 or more per day in rake will receive 25% back. Those generating between $0 and $20 will earn 5% rakeback. The more money a player generates between $20 and $400.01 each day, the higher their rakeback percentage will be.
LowVig.com launched in December 2011, promising sports bettors much better value. The “vig” in LowVig.com refers to the “vigorish,” or “juice” or “commission,” that a poker site, sportsbook, or casino has on a game. While most sportsbooks offer lines at -110 juice (lay $110 to win $100), LowVig.com offers theirs as low as -105 (lay $105 to win $100).
The sportsbook’s Simply Better Value mantra carries over to the online poker site. That’s true for both serious poker players and casual gamblers looking to minimize their risk.
LowVig.com launched in 2011, with a ‘Simply Better Value’ guarantee which is expressed in reduced juice sports betting, horse and casino rebates, and poker rakeback; all day and every day. The ‘Simply Better Value’ guarantee is made possible because LowVig.com doesn’t spend large amounts on advertising campaigns, affiliate deals, or promotions. Instead, all of the value is passed on to the Individual Bettor guaranteeing significant word of mouth advertising.