Excellent Poker Strategies 545398734

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There’s a dirty little secret going on in the online poker world that people do not want you to know about. Nearly all professional player knows about this secret and they have 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 upon their rate structure it may be just 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 big percentage 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. One of 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.

But the webmasters aren’t stupid. They realize that the individuals they are sending to the poker room might generate hundreds or thousands of dollars in fees or rake and they have shrewdly negotiated profit sharing deals with the poker sites. In several cases the webmasters will be earning 35% or even 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 are a customer!

But then the leading players – folks who generate sometimes tens of thousands of dollars in rake each month (yes, you can find people paying $30,000+ every month in rake every month) – started to wonder why these webmasters were making all of this money when click the following article 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 create a whole new system.

What they said was, “Hey, I’ll be a webmaster too. And should the poker room is paying me 35% I will give 33% back to my players and keep only 2% for providing the service.” In essence, in the event that you do the math, the very best level guys generating $30,000 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 any other perks the site might have offered them for being such the best customer.

Now most of the people are reading this and assume that there’s no way they may generate $30,000 a month so it’s only profitable for the big guys. In reality, anybody can sign up at these sites. Regardless of how big or small a player they may be.

And one doesn’t need to play at Phil Ivey nosebleed stakes in order to make a respectable income from playing poker. By way of example, if you play $1/$2 NL poker and may play four tables at a time (which is quite 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 will be getting about seventy six thousand dollars over a year back.

That is not much of a bad living for many 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 who will sack you the other 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 could have to play either very high stakes or for numerous hours that a lot of people would burn out. All as a result of rakeback, being a professional poker player is within the reach of nearly everybody.

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