Learn Online Poker 739655491

From MMA Tycoon Help
Revision as of 22:38, 2 May 2024 by LynnStill3 (talk | contribs) (Created page with 'There is a dirty little secret going on within the online poker world that folks do not want you to understand about. Nearly every professional player knows concerning this s...')
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

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

Many people are unaware that whenever you play learn online casino poker the poker room takes a small fee out of each pot. Based upon their rate structure it may very well be just as much as 5% of the pot value. That fee is called "the rake."

But that is not the big secret. The big secret is the fact that you may get a sizable number 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 realize that 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 many cases the webmasters will be earning 35% or even 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 are a customer!

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

The greedy webmasters didn't 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 several of them decided to produce a new system.

What they said was, "Hey, I'll be a webmaster too. And in the event the poker room is paying me 35% I'll give 33% back to my players and keep only 2% for providing the service." Quite simply, in the event that you do the math, the very best level guys generating thirty thousand dollars a month in rake all of a sudden were getting 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 many people are reading this and think that there is no way they can generate thirty thousand dollars a month so it's only profitable for the big guys. Actually, anyone can sign up at these sites. No matter how big or small a player they are.

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

That is not really a bad living for some people. And if you play higher stakes, more hours, more tables, or actually win money playing poker then your annual 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 whenever you want and around you want.

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