There is a dirty little secret going on within the online poker world that men and women do not want you to understand about. Virtually every professional player knows concerning this secret and they’ve found a way to profit from it. So can you.

Many individuals are unaware that any time you play online poker the poker room takes a small fee out of each pot. Determined by their rate structure it may be around 5% of the pot value. That fee is called « the rake. »

But that’s not the big secret. The big secret is that you can get a sizable portion of that money back!

Online poker is a massively profitable business. Top poker sites turn over which range from $1 million – $3 million a day. Their biggest cost is acquiring new customers. Among the ways they get new customers is to pay webmasters to put ad banners and links on their own sites to entice you to play on that particular poker site.

Although the webmasters aren’t stupid. They realize that the people they’re sending to the poker room might generate hundreds or thousands of dollars in fees or rake and they’ve shrewdly negotiated profit sharing deals with the poker sites. In many cases the webmasters will be earning 35% or even more of the fees/rake you generate playing on the poker site. And not simply for a month or perhaps a year but for as long as you are a customer!

But then the leading players – people who generate sometimes tens of thousands of dollars in rake each month (yes, you’ll find people paying $30,000+ per month in rake every month) – started to wonder why these webmasters were making all of this money when the player was the one actually generating the rake.

The greedy webmasters did not want to give up any of their cut and so they threatened the poker rooms to keep quite about the amount of money they were making. However the smart players already knew. And lots of of them decided to create a whole new system.

What they said was, « Hey, I’ll become a webmaster too. And in the event the poker room is paying me 35% I will give 33% back to my players and keep only 2% for providing the service. » Quite simply, in the event you do the math, the very best level guys generating thirty thousand dollars a month in rake all of a sudden were acquiring a windfall $9,900 a month back! That’s over and above anything they might have won at the table, bonuses the site may have offered, or every other perks the site might have offered them for being such the best customer.

Now lots of people are reading this and feel that there is no way they can generate thirty thousand dollars a month so it’s only profitable for the big guys. As a matter of fact, anyone can sign up at these sites. However big or small a player they’re.

And one doesn’t need to play at Phil Ivey nosebleed stakes so that you can make a respectable income from playing poker. For example, if you play $1/$2 NL poker and can play four tables at a time (which is quite doable with some practice) and play 42 hours every week, you can make approximately $76,000 annually just on rakeback. Even if you never won a penny at the tables you would be getting about seventy six thousand dollars a year back.

That is not just a bad living for some people. And if you play higher stakes, more hours, more tables, or actually win money playing poker then your once-a-year take gets even larger.

Imagine no boss, no commute to the office, no grinding away for some employer which will sack you the other sales drop. You’ve got the freedom to work when you want and just click the following webpage as much as you want.

But if you had to do it just on your winnings alone you might never get there. You could have to play either very high stakes or for numerous hours that the majority of people would burn out. All as a result of rakeback, being a professional poker player is within the reach of nearly everyone.