Business

Earn a living Playing Online Poker

There’s a dirty little secret going on in the web poker world that individuals don’t want you to understand about. Nearly every professional player knows about any of it secret and they’ve found a way to make money from it. So can you.

Many individuals are unaware that when you play online poker the poker room takes a small fee out of each pot. Based on their rate structure maybe it’s around 5% of the pot value. That fee is named “the rake.”

But that’s not the big secret. The big secret is that you will get a large percentage of this money back!

Online poker is a massively profitable business. Top poker sites turn over between $1 million – $3 million a day. Their biggest cost is acquiring new customers. Among the ways they get new clients is to pay for webmasters to place ad banners and links on their sites to entice one to play on that specific poker site.

However the webmasters aren’t stupid. They know that individuals they are sending to the poker room might generate hundreds or 1000s of dollars in fees or rake and they’ve shrewdly negotiated profit sharing handles the poker sites. บาคาร่า ขั้นต่ำ 5 บาท In many cases the webmasters are earning 35% or more of the fees/rake you generate playing on the poker site. And not merely for monthly or even a year however for provided that you’re an individual!

But then a leading players – people who generate sometimes countless amounts of dollars in rake monthly (yes, there are people paying $30,000+ per month in rake every month) – started initially to wonder why these webmasters were making all of this money when the player was usually the one actually generating the rake.

The greedy webmasters didn’t want to stop any one of their cut and so that they threatened the poker rooms to keep quite about the amount of money they were making. However the smart players already knew. And many of them decided to create 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 again to my players and keep only 2% for providing the service.” Now, should you the math, the utmost effective level guys generating $30,000 monthly in rake all a sudden were obtaining a windfall $9,900 monthly back! That’s over and above anything they could have won at the table, bonuses the site could have offered, or some other perks the site could have offered them to be this kind of good customer.

Now most individuals are looking over 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 sign up at these sites. No matter how big or small a new player they are.

And one doesn’t need to play at Phil Ivey nosebleed stakes in order to make a respectable income from playing poker. For example, if you play $1/$2 NL poker and can enjoy four tables at the same time (which is quite doable with some practice) and play 42 hours weekly, you will make approximately $76,000 a year just on rakeback. Even if you never won a dime at the tables you’d be getting about $76,000 a year back.

That’s not really 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 many employer who’ll sack you the next sales drop. You’ve the freedom to work when you want and around you want.

But if you had to complete it just on your own winnings alone you could never get there. You will have to play either very high stakes or for so many hours that a lot of people would burn out. All as a result of rakeback, being truly a professional poker player is the reach of nearly everyone.

If you wish to learn more about rakeback, read the links within my signature and begin on getting back that which you deserve.

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