Learn Online Poker Casino Tutorial 117633821

There’s a dirty little secret going on within the online poker world that men and women don’t want you to know about. Nearly every professional player knows concerning this secret and they have found a way to profit from 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. According to their rate structure it could be 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 that you may get a sizable 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.

Though the webmasters aren’t stupid. They know that people 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 lots of cases the webmasters are earning 35% or even more of the fees/rake you generate playing on the poker site. And not simply for a month or perhaps a year but for as long as you are a customer!

But then the leading players — folks who generate sometimes tens of thousands of dollars in rake each month (yes, you’ll find 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 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 many of them decided to produce a brand new system.

What they said was, «Hey, I will become a webmaster too. And if the poker room is paying me 35% I will give 33% back to my players and keep only 2% for providing the service.» Quite simply, should you the math, the top level guys generating thirty thousand dollars a month in rake all of a sudden were obtaining 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 a good customer.

Now most of the people are reading this and assume that there is no way they may generate thirty thousand dollars a month so it’s only profitable for the big guys. Actually, anyone can sign up at these sites. Irrespective of how big or small a player they may be.

And one will not need to play at Phil Ivey nosebleed stakes in order to make a respectable income from playing poker. For example, if you play $1/$2 NL poker and can also play four tables at a time (which can be very doable with some practice) and play 42 hours every week, you might make approximately seventy six thousand dollars each year just on rakeback. Even if you never won a penny at the tables you will be getting about $76,000 hop over to this site a year back.

That is not much of a bad living for many 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 your second sales drop. You have the freedom to work whenever you want and just as much as 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 quite high stakes or for a lot of hours that a lot of people would burn out. All due to rakeback, being a professional poker player is in the reach of nearly everybody.