Excellent Online Poker Casino Reference 932719574
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There is a dirty little secret going on in the online poker world that folks do not want you to understand about. Almost every professional player knows concerning 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 on their rate structure it may very well 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 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 own sites to entice you to play on that specific poker site.
Though the webmasters are not stupid. They realize that the individuals 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 are earning 35% or maybe more of the fees/rake you generate playing on the poker site. And not only 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, there are actually people paying $30,000+ every month in rake every month) – started to wonder why these webmasters were making all of read this post from Startupxplore money in the event the player was the one actually generating the rake.
The greedy webmasters did not 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. Though the smart players already knew. And lots of of them decided to create a whole new system.
What they said was, “Hey, I will become a webmaster too. And in the event the poker room is paying me 35% I will give 33% back to my players and keep only 2% for providing the service.” Fundamentally, should you the math, the very best level guys generating $30,000 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 an excellent customer.
Now most of the people are reading this and think that there’s no way also they can generate $30,000 a month so it’s only profitable for the big guys. In reality, anybody can sign up at these sites. Regardless how big or small a player they may be.
And one doesn’t need to play at Phil Ivey nosebleed stakes as a way to make a respectable income from playing poker. By way of example, if you play $1/$2 NL poker and will play four tables at a time (which is quite doable with some practice) and play 42 hours per week, you could make approximately $76,000 each year just on rakeback. Even if you never won a penny at the tables you will be getting about $76,000 per year back.
That is not a bad living for most 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 who will sack you your second sales drop. You have 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 a lot of hours that most people would burn out. All thanks to rakeback, being a professional poker player is in the reach of nearly everybody.
