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There is a dirty little secret going on within the online poker world that folks do not want you to learn about. Nearly all professional player knows concerning this secret and they have found a way to profit from it. So can you.

A lot of men and women are unaware that any time you play online poker the poker room takes a small fee out of each pot. Based on their rate structure it may very well 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 the fact that you may 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. One of 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.

However the webmasters aren’t stupid. They realize that individuals 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. In lots of cases the webmasters are earning 35% or even 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 are a customer!

But then the leading players – those that generate sometimes tens of thousands of dollars in rake each month (yes, you will discover people paying $30,000+ each month 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 give up any of their cut and so they threatened the poker rooms to keep quite about the amount of money they were making. However the smart players already knew. And lots of of them decided to create a brand new system.

What they said was, “Hey, I’ll become a webmaster too. And should the excellent poker room is paying me 35% I’ll give 33% back to my players and keep only 2% for providing the service.” In essence, if you do the math, the very best level guys generating $30,000 a month in rake all of a sudden were getting 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 lots of people are reading this and feel that there’s no way they can generate thirty thousand dollars a month so it’s only profitable for the big guys. In reality, anyone can sign up at these sites. Regardless how big or small a player they’re.

And one will not need to play at Phil Ivey nosebleed stakes to be able to make a respectable income from playing poker. By way of example, if you play $1/$2 NL poker and can also play four tables at a time (which is very doable with some practice) and play 42 hours a week, you might make approximately $76,000 annually just on rakeback. Even when you never won a penny at the tables you could be getting about seventy six thousand dollars annually back.

That is not 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 which will sack you your second sales drop. You have the freedom to work whenever you want and 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 so many hours that a lot of people would burn out. All due to rakeback, being a professional poker player is within the reach of nearly everyone.

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