There is a dirty little secret going on in the online poker world that individuals do not want you to know about. Nearly all professional player knows concerning this secret and they’ve found a way to make the most of it. So can you.

Many people are unaware that whenever you play online poker the poker room takes a small fee out of each pot. Based on their rate structure it may very well be as much as 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. One of the ways they get new customers is to pay webmasters to put ad banners and links on their sites to entice you to play on that particular poker site.

However the webmasters are not stupid. They know that the individuals they are 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 several cases the webmasters are earning 35% or maybe more of the fees/rake you generate playing on the poker site. And not just 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+ every 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. Though the smart players already knew. And lots of of them decided to create a whole new system.

What they said was, « Hey, I will become a webmaster too. And should the poker room is paying me 35% I’ll give 33% back to my players and keep only 2% for providing the service. » In essence, in the event you do the math, the top level guys generating thirty thousand dollars a month in rake all of a sudden were obtaining 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 some other perks the site might have offered them for being such the best customer.

Now Read the Full Article majority of people are reading this and feel that there is no way also 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. No matter how big or small a player they can be.

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

That is not just a bad living for most 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 who will sack you the other sales drop. You have the freedom to work when you want and just 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 a lot of hours that most individuals would burn out. All due to rakeback, being a professional poker player is within the reach of nearly everybody.