Online Poker Online Hints And Tips 287575344

There is a dirty little secret going on within the online poker world that folks don't want you to understand about. Virtually every professional player knows about this secret and they've found a way to benefit from 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 could 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 sizable number of that money back!

good online casino poker 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. 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 particular poker site.

However the webmasters aren't stupid. They realize 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 many 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 possibly a year but for as long as you are a customer!

But then the leading players - individuals who generate sometimes tens of thousands of dollars in rake each month (yes, you will find people paying $30,000+ a 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 how much money they were making. But the smart players already knew. And many of them decided to produce a new system.

What they said was, "Hey, I'll be 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." Quite simply, in the event you do 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 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 an excellent customer.

Now many people are reading this and assume that there's no way they can generate thirty thousand dollars a month so it's only profitable for the big guys. In fact, anybody can sign up at these sites. No matter 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. For instance, if you play $1/$2 NL poker and can also play four tables at a time (which is very doable with some practice) and play 42 hours every week, you could make approximately $76,000 each year just on rakeback. Even when you never won a penny at the tables you would be getting about $76,000 annually 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 annual take gets even larger.

Imagine no boss, no commute to the office, no grinding away for some employer whom shall sack you your second sales drop. You have the freedom to work when you want and around 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 quite high stakes or for numerous hours that most of the people would burn out. All as a result of rakeback, being a professional poker player is in the reach of nearly everybody.