Playing Online Poker Gambling Agency Understanding 748429349

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

A lot of men and women are unaware that whenever you play online poker the poker room takes a small fee out of each pot. Based on their rate structure it could possibly be 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 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 sites to entice you to play on that specific poker site.

Though the webmasters aren't stupid. They know 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 more of the fees/rake you generate playing on the poker site. And not only for a month or possibly a year but for as long as you are a customer!

But then the leading players - individuals that generate sometimes tens of thousands of dollars in rake each month (yes, you will find people paying $30,000+ each 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 give up any of their cut and so they threatened the poker rooms to keep quite about the amount of money they were making. Though the smart players already knew. And lots of of them decided to produce a brand new system.

What they said was, "Hey, I will be 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." Essentially, in the event you do the math, the top level guys generating thirty thousand dollars 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 some other perks the site might have offered them for being such a good customer.

Now most people are reading this and feel that there is no way they can generate $30,000 a month so it's only profitable for the big guys. Actually, anyone can sign up at these sites. Regardless of how big or small a player they're.

And one does not need to play at Phil Ivey nosebleed stakes to be able to make a respectable income from playing poker. For instance, if you play $1/$2 NL poker and his response can also play four tables at a time (which is quite doable with some practice) and play 42 hours per 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 could be getting about seventy six thousand dollars per year back.

That's not much of a bad living for most 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 shall sack you your second 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 could never get there. You would have to play either quite high stakes or for numerous hours that many people would burn out. All because of rakeback, being a professional poker player is within the reach of nearly everybody.