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There's a dirty little secret going on within the online poker world that individuals don't want you to learn about. Nearly all professional player knows concerning this secret and they have found a way to make the most of it. So can you.

Many individuals are unaware that whenever you play online poker the poker room takes a small fee out of each pot. Determined by their rate structure it might be around 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 can get a big percentage of that money back!

Online poker is a massively profitable business. Top poker sites turn over ranging 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 particular poker site.

However the webmasters are not stupid. They realize that people 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 lots of cases the webmasters will be earning 35% or even more of the fees/rake you generate playing on the poker site. And not only for a month or perhaps a year but for as long as you're a customer!

But then the leading players - those who generate sometimes tens of thousands of dollars in rake each month (yes, you will 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 the amount of money they were making. Although the smart players already knew. And lots of of them decided to generate a brand 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." Generally, in the event that you do the math, the top level guys generating thirty thousand dollars a month in rake all of a sudden were receiving 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 an excellent customer.

Now the majority of people are reading this and assume that there is no way they can generate $30,000 a month so it's only profitable for the big guys. In 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 instance, if you play $1/$2 NL poker and will play four tables at a time (which is very doable with some practice) and play 42 hours a week, you could make approximately seventy six thousand dollars annually just on rakeback. Even when you never won a penny at the tables you would be getting about $76,000 per year back.

That is not 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 that will sack you the second 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 the majority of people would burn out. All thanks to rakeback, being a professional poker player is within visit the following internet site reach of nearly everyone.