Lots of people are unaware that any time you play online poker the poker room takes a small fee out of each pot. Based upon 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 large number of that money back!

fantastic online gambling site 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.

Although the webmasters are not stupid. They realize that individuals they may 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 many 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’re a customer!

But then the leading players – individuals that generate sometimes tens of thousands of dollars in rake each month (yes, there are actually people paying $30,000+ per 30 days 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 quit any of their cut and so they threatened the poker rooms to keep quite about the amount of money they were making. Although the smart players already knew. And several of them decided to produce a brand new system.

What they said was, “Hey, I will be 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.” Essentially, if you do the math, the top level guys generating thirty thousand dollars a month in rake all of a sudden were acquiring 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 an excellent customer.

Now a lot of people are reading this and believe that there is no way they may generate thirty thousand dollars a month so it’s only profitable for the big guys. Actually, anyone can sign up at these sites. No matter how big or small a player they may be.

And one doesn’t need to play at Phil Ivey nosebleed stakes so that you can 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 quite doable with some practice) and play 42 hours per week, you may make approximately seventy six thousand dollars each year just on rakeback. Even when you never won a penny at the tables you would be getting about $76,000 a year back.

That is not only a bad living for some 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 that will sack you the next sales drop. You have the freedom to work whenever 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 quite high stakes or for a lot of hours that many people would burn out. All thanks to rakeback, being a professional poker player is in the reach of nearly everybody.

If you would want to learn more about rakeback, check out the links in my signature and acquire started on getting back what you deserve.