What is this?
A rakeback is used as rewards for players. It is some sort of incentive to have the players continue on playing since poker players often pay to enter tournaments. A part of those can be considered as rakebacks.
The popularity of online casinos has become mainstream. Online poker professionals have made rakebacks as a means to lessen their losses or increase their profits.
In cash games, they have two different ways of computing the rakeback. “Dealt” and “contributed” are the two ways to determine the amount of rakeback. Dealt is the way of awarding players the same amount of rakeback to their dealt hand, and contributed is a way of awarding players depending on their total contribution to the pot.