Poker Guides 588128167

There is a dirty little secret going on in the online poker world that men and women don't want you to know about. Nearly all professional player knows about this secret and they've found a way to benefit from it. So can you.

A lot of men and women 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 could possibly be just as much as 5% of visit the following post pot value. That fee is called "the rake."

But that's not the big secret. The big secret is that you may get a large 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 own sites to entice you to play on that specific poker site.

However the webmasters are not stupid. They realize that individuals they may be 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 maybe more of the fees/rake you generate playing on the poker site. And not simply for a month or possibly a year but for as long as you are a customer!

But then the leading players - those who 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 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 generate a brand new system.

What they said was, "Hey, I'll be a webmaster too. And if 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, if you do the math, the very best level guys generating $30,000 a month in rake all of a sudden were acquiring 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 every other perks the site might have offered them for being such the best customer.

Now the majority of people are reading this and think that there's no way they can generate $30,000 a month so it's only profitable for the big guys. As a matter of fact, anybody can sign up at these sites. Irrespective of how big or small a player they are.

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 as well as can play four tables at a time (which is very doable with some practice) and play 42 hours per week, you might make approximately $76,000 a year just on rakeback. Even if you never won a penny at the tables you could be getting about $76,000 a year back.

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

Imagine no boss, no commute to the office, no grinding away for some employer who shall sack you the second 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 might never get there. You might have to play either very high stakes or for a lot of hours that the majority of people would burn out. All due to rakeback, being a professional poker player is in the reach of nearly everybody.