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    ptmliam001124
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    Lots of individuals are unaware that any time you play fantastic online gambling agency poker the poker room takes a small fee out of each pot. Determined by their rate structure it may very well be as much as 5% of the pot value. That fee is called “the rake.”

    But that is not the big secret. The big secret is the fact that you can get a big portion of that money back!

    Online poker is a massively profitable business. Top poker sites turn over which range 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 aren’t stupid. They realize that 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 many cases the webmasters are earning 35% or more of the fees/rake you generate playing on the poker site. And not simply for a month or perhaps a year but for as long as you’re a customer!

    But then the leading players – those who generate sometimes tens of thousands of dollars in rake each month (yes, there are actually people paying $30,000+ every month 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. Though the smart players already knew. And many of them decided to create a new system.

    What they said was, “Hey, I will become a webmaster too. And should the poker room is paying me 35% I’ll give 33% back to my players and keep only 2% for providing the service.” Now, if 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 every other perks the site might have offered them for being such the best customer.

    Now most people 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. Actually, anybody can sign up at these sites. However big or small a player they may be.

    And one will 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 may 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 if you never won a penny at the tables you could be getting about seventy six thousand dollars each year back.

    That’s not really a bad living for some 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 that will sack you the second sales drop. You have the freedom to work whenever you want and just 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 very high stakes or for a lot of hours that most people would burn out. All thanks to rakeback, being a professional poker player is within the reach of nearly everybody.

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

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