Lots of people are unaware that whenever you play safe online poker casino - Read the Full Content - poker the poker room takes a small fee out of each pot. According to their rate structure it might 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 large percentage 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. 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.
However the webmasters aren't stupid. They realize that the people they are 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 several cases the webmasters are earning 35% or even more of the fees/rake you generate playing on the poker site. And not just for a month or 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, you can 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 didn't 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 lots of of them decided to produce a brand new system.
What they said was, "Hey, I will become a webmaster too. And should 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, if you do the math, the top level guys generating $30,000 a month in rake all of a sudden were acquiring 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 believe that there is no way they can generate thirty thousand dollars a month so it's only profitable for the big guys. In all reality, anybody can sign up at these sites. Regardless how big or small a player they are.
And one does not need to play at Phil Ivey nosebleed stakes in order to make a respectable income from playing poker. By way of example, if you play $1/$2 NL poker and can play four tables at a time (which can be very doable with some practice) and play 42 hours every week, you might make approximately $76,000 per year just on rakeback. Even if you never won a penny at the tables you will be getting about seventy six thousand dollars annually back.
That's 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 that will sack you your second sales drop. You've got the freedom to work whenever you want and around 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 a lot of hours that many people would burn out. All thanks to rakeback, being a professional poker player is in the reach of nearly everyone.
If you would like to get more information about rakeback, check out the links in my signature and obtain started on getting back what you deserve.
But that's not the big secret. The big secret is that you may get a large percentage 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. 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.
However the webmasters aren't stupid. They realize that the people they are 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 several cases the webmasters are earning 35% or even more of the fees/rake you generate playing on the poker site. And not just for a month or 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, you can 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 didn't 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 lots of of them decided to produce a brand new system.
What they said was, "Hey, I will become a webmaster too. And should 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, if you do the math, the top level guys generating $30,000 a month in rake all of a sudden were acquiring 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 believe that there is no way they can generate thirty thousand dollars a month so it's only profitable for the big guys. In all reality, anybody can sign up at these sites. Regardless how big or small a player they are.
And one does not need to play at Phil Ivey nosebleed stakes in order to make a respectable income from playing poker. By way of example, if you play $1/$2 NL poker and can play four tables at a time (which can be very doable with some practice) and play 42 hours every week, you might make approximately $76,000 per year just on rakeback. Even if you never won a penny at the tables you will be getting about seventy six thousand dollars annually back.
That's 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 that will sack you your second sales drop. You've got the freedom to work whenever you want and around 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 a lot of hours that many people would burn out. All thanks to rakeback, being a professional poker player is in the reach of nearly everyone.
If you would like to get more information about rakeback, check out the links in my signature and obtain started on getting back what you deserve.