Most poker players know that every poker site takes an amount from every pot, that is how they make money. That amount is called rake and the sites usually takes 5% up to $3 of the pot.Many poker sites advertises with large first deposit-bonuses, but often they seem better than they really are. There are often a time-limit which means that you maybe not will have time to take full advantage of the bonus and when the time-limit expire you are playing without any bonus at all. What a lot of players forget is that they can take part of so called loyalty programs. This means that you get a refund on the rake that you pay, this is often referred to as rakeback, cashback or valueback. This means a long-term refund of your rake while first deposit-bonuses is a short-term refund.Example of two different loyalty programsThere are different types of loyalty programs that give you cashback or valueback. One common system is that you make points while you are playing. The more you rake the more points you will get, this means that if you play at higher stakes and/or a lot you will earn more points. Often there are different steps for what you will get. For an example it can look like this:1000 points gives you $20 in cashback2000 points gives you $40 in cashback3000 points gives you $60 in cashbackOften it is calculated monthly, that you will get $20 if you earn 1000 points under the current month. This means that the payment will be monthly, often you get you cashback the first in every month for the past month. But as stated loyalty programs can work in different ways, some programs give you the possibility to change your points for cashback whenever you please. For an example you might get $1 for every 10 points you earn so if you have earned 100 points you can change them for cashback and get $10 to your account. How good is a loyalty program?There are some things you should look for when you want to know how good a loyalty program really is. If the program works as above that you get a certain cashback based on how many points you accumulate, you should look up how much you need to rake to get your points. An example for how it can be:You earn 10 points for every $0.40 you pay in rake. After that you can change your points to cashback, you get $1 in cashback for every 100 points you accumulate. This means that your refund percentage is 25% of your rake. You need to rake $4 (10x0.04=4) to earn 100 points and 100 points gives you $1 in cashback, which results in a refund percentage of 25% (1/4=0.25). The refund percentage is the most important factor when you estimate the value of a loyalty program.