Best Best Online Poker Secrets 171234373

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There's a dirty little secret going on in the online poker world that folks do not want you to learn about. Nearly all professional player knows concerning this secret and they've found a way to cash in on it. So can you.

Lots of people are unaware that any time you play online poker the poker room takes a small fee out of each pot. Based upon their rate structure it may be around 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 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 sites to entice you to play on that specific poker site.

Although the webmasters aren't stupid. They know that people they're 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 will be earning 35% or more of the fees/rake you generate playing on the poker site. And not simply for a month or a year but for as long as you're a customer!

But then the leading players - individuals who generate sometimes tens of thousands of dollars in rake each month (yes, you'll find people paying $30,000+ every month in rake every month) - started to wonder why these webmasters were making all of this 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. However the smart players already knew. And several of them decided to create a new system.

What they said was, "Hey, I'll be 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, 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 some other perks the site might have offered them for being such a great customer.

Now most of the people are reading this and assume that there's no way also they can generate $30,000 a month so it's only profitable for the big guys. In all reality, anyone can sign up at these sites. Regardless of how big or helpful resources 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 instance, if you play $1/$2 NL poker and can play four tables at a time (which is extremely doable with some practice) and play 42 hours a week, you may make approximately $76,000 a year just on rakeback. Even when you never won a penny at the tables you will be getting about seventy six thousand dollars per year back.

That is not really a bad living for some 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 whom shall sack you the next sales drop. You've got 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 would have to play either very high stakes or for a lot of hours that a lot of people would burn out. All because of rakeback, being a professional poker player is in the reach of nearly everybody.