Learn Online Gambling Comparison 955964687
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There is a dirty little secret going on in the online poker world that individuals do not want you to know about. Nearly every professional player knows concerning this secret and they have found a way to cash in on it. So can you.
Lots of individuals 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 might 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 can get a large 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 specific poker site.
However the webmasters aren’t stupid. They know that visit the up coming internet page individuals they may 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 more of the fees/rake you generate playing on the poker site. And not simply for a month or possibly a year but for as long as you’re a customer!
But then the leading players – folks that 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 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. But the smart players already knew. And lots of of them decided to create 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’ll give 33% back to my players and keep only 2% for providing the service.” Essentially, should you 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 every other perks the site might have offered them for being such the best customer.
Now almost all people are reading this and assume that there is no way also they can generate thirty thousand dollars a month so it’s only profitable for the big guys. In reality, anyone 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 to be able to make a respectable income from playing poker. For example, if you play $1/$2 NL poker as well as can play four tables at a time (which is quite doable with some practice) and play 42 hours a week, you could make approximately seventy six thousand dollars a year 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 many 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 who will sack you the other sales drop. You have 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 might have to play either extremely high stakes or for numerous hours that a lot of people would burn out. All as a result of rakeback, being a professional poker player is in the reach of nearly everyone.
