There’s a dirty little secret going on in the internet poker world that folks don’t want you to learn about. Almost every professional player knows about this secret and they’ve found ways to benefit from it. So can you.
Many people are unaware that if you play online poker the poker room requires a small fee out of each pot. Based on their rate structure it could be as much as 5% of the pot value. That fee is known as “the rake.”
But that’s not the big secret. The big secret is that you may get a sizable percentage of that cash back!
Online poker is just a massively profitable business. Top poker sites turn over anywhere between $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 place ad banners and links on their sites to entice one to play on that particular poker site.
But the webmasters aren’t stupid. They know that the people they’re 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. บาคาร่า ฟรีเครดิต Oftentimes the webmasters are earning 35% or more of the fees/rake you generate playing on the poker site. And not just for monthly or a year however for as long as you’re a person!
But then your leading players – those who generate sometimes countless amounts of dollars in rake monthly (yes, there are people paying $30,000+ per month in rake every month) – started to wonder why these webmasters were making this money when the gamer was the one actually generating the rake.
The greedy webmasters didn’t want to quit any one of their cut and so they threatened the poker rooms to help keep quite about the amount of money they were making. But the smart players already knew. And many decided to produce a new system.
What they said was, “Hey, I’ll develop into a webmaster too. And if the poker room is paying me 35% I’ll give 33% back once again to my players and keep only 2% for providing the service.” Now, should you choose the math, the top level guys generating $30,000 monthly in rake every one of a sudden were finding a windfall $9,900 monthly back! That’s over and above anything they could have won at the table, bonuses the site might have offered, or any other perks the site might have offered them for being such a good customer.
Now most people are scanning this and think that there’s no way they can generate $30,000 monthly so it’s only profitable for the big guys. Actually, you can now subscribe at these sites. No matter how big or small a person they are.
And one doesn’t need to play at Phil Ivey nosebleed stakes in order to create a respectable income from playing poker. As an example, if you play $1/$2 NL poker and can enjoy four tables at a time (which is very doable with some practice) and play 42 hours a week, you may make approximately $76,000 a year just on rakeback. Even though you never won a dime at the tables you’d be getting about $76,000 a year back.
That’s not a bad living for most 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 work, no grinding away for some employer who’ll sack you the second sales drop. You have the freedom to work when you need and as much as you want.
But if you’d to accomplish it really in your winnings alone you might never get there. You will have to play either very high stakes and for so many hours that most people would burn out. All as a result of rakeback, being a professional poker player is within the reach of nearly everyone.
In the event that you want to find out about rakeback, check out the links in my own signature and get going on getting back that which you deserve.