For those of you that love the low buy in MTT's with large payouts, the Mini FTOPS on Full Tilt is back. Today marks the beginning of events with over $6 million in total guaranteed prize money. Today's 1st event is only a $20+$2 buy in NL Hold'em with a $350k purse. Big money for such a low buy in.

   Of course, there will be many more events taking place over the next few days with Omaha, Razz, HORSE and Stud games and there are satellites going all the time if you would rather win your way in than buy your way in. These are the biggest bang for your buck that you will find on the internet Full Tilt is also giving you the ability to deposit for as little as $10, so if you have a couple of $5-spots burning a hole in your pocket, now is the time!

   For those of you who have been playing online poker for years, you can probably skip today's post and go play a Sit n Go. For those of you who read my blog who are just getting into online poker, I will offer a quick, basic, explanation of rakeback and why you need it if you are going to play online poker for money.

   Rakeback is simply what it sounds like it is: you get a percentage of the 'rake' that goes to the poker site back. You get it back automatically and you get it back once a month. Cash. In your account. All you have to do is make sure you are signed up through Inernet Poker Coach's rakeback program found at the top of our home page or in the bottom right hand corner. Just click the links and follow directions. You MUST sign up through our program to receive rakeback. If you signed up for a site some time ago and are not receiving rakeback, yo umight want to think about playing a different site that you sign up for through Internet Poker Coach so that you can take advantage of this free money. Internet Poker Coach is a proud affiliate for RaketheRake, the largest rakeback site in the world.

    Here is an example of what rakeback can do for your bank account. Let's say you play $10 Sit n Go tournaments. There is a $1 rake that goes to the site. If you are playing on Full Tilt through our rakeback program, you will get 27% of that $1 back. So, lets say you play 20/day, you get back $5.40 EVERY DAY, multiply that times the number of days you play in a month etc etc. Well, you get the picture.

    If you play larger tournament, more money back. Obviously if you play cash games, there is a rake every single hand, so you wan to make sure you are getting this percentage back. You are playing the games anyway, this is a very important way to build your bankroll online. With rakeback, even if you go through a bad swing of variance and you are losing a number of games, you still have this money coming in every month.

   Full Tilt offers 27% back, but other sites offer 30% and more, so even 33% or 37% Again, if you are a volume player, this is huge and money that you just cannot afford to miss out on. PokerStars DOES NOT offer rakeback. They have programs based on play for their players which may or may not reward you like rakeback does, but apparently they feel they are big enough that they do not have to offer rakeback. While PS is a great site, I personally feel that rakeback is too important to miss out on so I tend to play the majority of my play at other sites that do offer the rakeback.

    Internet Poker Coach offers a full listing of the sites that award rakeback and the percentages associated with them. All you have to do is go to the link at the top of our home page (or the lower right), click on it and then click on the site you wish to start playing on. You set up and fund your account and it is that simple. If you are playing without rakeback, you need to get in on it. There is just too much cash to pass up.

   If you have any questions about rakeback, please feel free to email me at chris@internetpokercoach.com

   Just to let you know, Full Tilt is offering a little bit of bonus money this month that you don't have to do much to get. Their Fast $50 promo is pretty simple. Just click "requests' along the top tabs and then 2nd entry down will be 'check my bonus offer' Once you click on that it will take you through a link to sign up to get the $50 bonus. Of course, it is play related, you earn it as you play and FT will credit your account in $5 increments until you have hit the $50, but if you are going to be playing anyway, this is just found money.

    You do have to make sure you sign up to get the bonus, everyone is elegible, but if you don't click on the 'my bonus offers' they won't automatically give it to you. Anyone who reads my posts knows I am a big believer in taking poker money when it is given away, so if you play on FT make sure you are in on this promotion.

   This is a big one! Large buy in, but life altering money. Full Tilt's FTOPS XV 2 Day NL Hold'em event starts in about 4 hours. $2500+$120 buy in to be part of a $2 million guaranteed prize purse. Antes from the start, this will be a deep stack tournament and will bring some of the best players in the world. There is still time to satellite in, although even the satellites will cost you $300-$500, so if you are up for a challenge with one of the largest rewards in the online poker world, this is the event to play in.

   Less than 2 hours from now is FT FTOPS event #21, a $322 buy in Razz tournament. Late satellites are going right now (I am playing one as I write this!) so log onto FT and get into a big Razz tournament if you have the stomach to do so. I don't know if there is a more frustrating game than Razz, but if you love it like I do, this is a tournament not to miss. See you at the tables!