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There is a dirty little secret going on in the online poker world that folks don't want you to understand about. Almost every professional player knows concerning this secret and they've found a way to make the most of it. So can you.

Lots of individuals are unaware that whenever you play online poker the poker room takes a small fee out of each pot. Determined by their rate structure it may be around 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 big number of that money back!

Online poker is a massively profitable business. Top poker sites turn over around $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 particular poker site.

Though the webmasters aren't stupid. They realize that people they may be 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 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 - folks that generate sometimes tens of thousands of dollars in rake each month (yes, you can find people paying $30,000+ per 30 days 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 quit any of their cut and so they threatened the poker rooms to keep quite about how much money they were making. However the smart players already knew. And many of them decided to produce 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 will give 33% back to my players and keep only 2% for providing the service." In essence, should you the math, the top level guys generating $30,000 a month in rake all of a sudden were receiving a windfall $9,900 a month back! That's over and above anything they might have won at the table, bonuses the site may have offered, or any other perks the site might have offered them for being such a good customer.

Now lots of people are reading this and think that there's no way they can generate thirty thousand dollars a month so it's only profitable for the big guys. Actually, anybody 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 as a way to make a respectable income from playing poker. For instance, if you play $1/$2 NL poker and may play four tables at a time (which can be very doable with some practice) and play 42 hours a week, you may make approximately $76,000 per year just click the following post on rakeback. Even when you never won a penny at the tables you will be getting about $76,000 each 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 annual take gets even larger.

Imagine no boss, no commute to the office, no grinding away for some employer who shall sack you the 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 could never get there. You would have to play either extremely high stakes or for so many hours that a lot of people would burn out. All thanks to rakeback, being a professional poker player is in the reach of nearly everybody.