Great Online Poker Gambling Option 859489674
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There is a dirty little secret going on in the online poker world that folks don’t want you to learn about. Nearly every professional player knows about this secret and they have found a way to make the most of it. So can you.
A lot of men and women are unaware that any time you play online poker the poker room takes a small fee out of each pot. Determined by their rate structure it may very well be just 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 that you may get a sizable 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. 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.
However the webmasters aren’t stupid. They realize that people they can be 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 several cases the webmasters will be earning 35% or even more of the fees/rake you generate playing on the poker site. And not just for a month or perhaps a year but for as long as you are a customer!
But then the leading players – people who generate sometimes tens of thousands of dollars in rake each month (yes, you’ll find people paying $30,000+ per 30 days 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 how much money they were making. However the smart players already knew. And many of them decided to produce a new system.
What they said was, “Hey, I’ll become 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.” Quite simply, in the event that you do the math, the top level guys generating $30,000 a month in rake all of a sudden were getting 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 any other perks the site might have offered them for being such a great customer.
Now plenty of people are reading this and think that there is no way also they can generate thirty thousand dollars a month so it’s only profitable for the big guys. Actually, helpful resources anybody can sign up at these sites. No matter how big or small a player they may be.
And one does not need to play at Phil Ivey nosebleed stakes as a way to make a respectable income from playing poker. For instance, if you play $1/$2 NL poker and may also play four tables at a time (which is extremely doable with some practice) and play 42 hours per week, you can make approximately seventy six thousand dollars over a year just on rakeback. Even when you never won a penny at the tables you could be getting about $76,000 per year back.
That’s 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 once-a-year take gets even larger.
Imagine no boss, no commute to the office, no grinding away for some employer who shall 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 could never get there. You would have to play either quite high stakes or for so many hours that the majority of people would burn out. All due to rakeback, being a professional poker player is in the reach of nearly everyone.
