Great Gambling Manuel 789258927
There's a dirty little secret going on within the online poker world that people don't want you to learn about. Nearly every professional player knows about this secret and they've found a way to cash in on it. So can you.
Lots of people 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 may very well 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 the fact that you can get a large 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 specific poker site.
Though the webmasters aren't stupid. They know that the people they are 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 lots of cases the webmasters will be earning 35% or maybe more of the fees/rake you generate playing on the poker site. And not only for a month or a year but for as long as you're a customer!
But then the leading players - individuals that generate sometimes tens of thousands of dollars in rake each month (yes, you'll find people paying $30,000+ per 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 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. But the smart players already knew. And several of them decided to generate a new system.
What they said was, "Hey, I'll become a webmaster too. And if the poker room is paying me 35% I'll give 33% back to my players and keep only 2% for providing the service." Quite simply, should you the math, the very best poker online level guys generating thirty thousand dollars a month in rake all of a sudden were obtaining 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 every other perks the site might have offered them for being such a good customer.
Now most individuals are reading this and believe that there is no way they can generate $30,000 a month so it's only profitable for the big guys. In reality, anybody can sign up at these sites. No matter how big or small a player they're.
And one does not need to play at Phil Ivey nosebleed stakes as a way to make a respectable income from playing poker. For example, if you play $1/$2 NL poker and will 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 a year just on rakeback. Even if you never won a penny at the tables you could be getting about $76,000 per year back.
That is 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 total 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've got 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 might have to play either extremely high stakes or for numerous hours that almost all people would burn out. All thanks to rakeback, being a professional poker player is within the reach of nearly everyone.