Fantastic Online Poker Concepts 893885359

There's a dirty little secret going on within the online poker world that folks don't want you to learn about. Nearly all professional player knows concerning this secret and they have found a way to cash in on 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 upon their rate structure it may very well 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.

But the webmasters are not stupid. They know that the people they're sending to the poker room might generate hundreds or thousands of dollars in fees or rake and they have 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 a year but for as long as you're a customer!

But then the leading players - individuals that generate sometimes tens of thousands of dollars in rake each month (yes, there are actually people paying $30,000+ a 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 quit any of their cut and so they threatened the poker rooms to keep quite about how much money they were making. Though the smart players already knew. And lots of of them decided to create a brand new system.

What they said was, "Hey, I will be 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." Essentially, if you do the math, the very best level guys generating $30,000 a month in rake all of a sudden were obtaining a windfall $9,900 a month back! That is over and above anything they might have won at the table, bonuses the site may have offered, or any other perks the site might have offered them for being such the best online poker customer.

Now many people are reading this and feel that there's no way also they can generate thirty thousand dollars a month so it's only profitable for the big guys. Actually, anybody can sign up at these sites. Regardless how big or small a player they are.

And one doesn't need to play at Phil Ivey nosebleed stakes in order to make a respectable income from playing poker. By way of example, if you play $1/$2 NL poker and can also play four tables at a time (which is extremely doable with some practice) and play 42 hours per week, you could make approximately $76,000 annually just on rakeback. Even if you never won a penny at the tables you could be getting about $76,000 a year back.

That's not only a bad living for most people. And if you play higher stakes, more hours, more tables, or actually win money playing poker then your total annual take gets even larger.

Imagine no boss, no commute to the office, no grinding away for some employer whom shall sack you the other sales drop. You've got the freedom to work when you want and 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 so many hours that plenty of people would burn out. All as a result of rakeback, being a professional poker player is within the reach of nearly everyone.