Quality Online Gambling Agent 298478129
There is a dirty little secret going on in the online poker world that individuals don't want you to understand about. Nearly all professional player knows about this secret and they've found a way to profit from it. So can you.
Lots of people are unaware that any time you play online poker the poker room takes a small fee out of each pot. According to their rate structure it may 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 the fact that you may get a sizable percentage of that money back!
Online poker is a massively profitable business. Top poker sites turn over anywhere between $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 sites to entice you to play on that specific poker site.
But the webmasters aren't 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've 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 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, you will find people paying $30,000+ each 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 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. However the smart players already knew. And lots of of them decided to produce a whole new system.
What they said was, "Hey, I will be 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." Essentially, in the event that you do the math, the top 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 customer.
Now most people are reading this and believe that there's no way they may generate $30,000 a month so it's only profitable for the big guys. In all reality, anybody 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 so that you can make a respectable income from playing poker. By way of example, if you play $1/$2 NL poker and may also play four tables at a time (which can be very doable with some practice) and play 42 hours per week, you could make approximately seventy six thousand dollars over a year just on rakeback. Even when you never won a penny at the tables you will be getting about seventy six thousand dollars over a year back.
That is not just a bad living for some people. And if you play higher stakes, more hours, more tables, or actually win money playing online poker gambling poker then your once-a-year take gets even larger.
Imagine no boss, no commute to the office, no grinding away for some employer that will sack you the other sales drop. You have the freedom to work when you want and around you want.
But if you had to do it just on your winnings alone you could never get there. You might 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 in the reach of nearly everybody.