For all of you potential online poker players out there know this, if you want to play this game for a living you need to be playing with a rake back deal. All of the current pro players play with rake back, and if you don’t know what rakeback is, I suggest you keep reading.
With no vested interest in the outcome of a hand of poker, the online poker sites make their money by charging a fee each hand – known as the rake. The fee is minuscule, and many players aren’t even aware of it, but in the long-run these small amounts add up to a substantial amount of profit for the online poker sites. Rake back is a percentage of this small percentage that you can receive as a refund, so long as you sign-up through the proper channels -i.e. the rakeback site malaysia slot game.
This is the secret to becoming a winning online hold’em NL player: cashback! Sure, you can still be a winning hold’em NL player without cashback, relying solely on your skills at the tables, but why would you, when you can receive a rake back deal simply by signing up through an affiliate?
Affiliates receive a certain percentage of your rake if you sign-up at an online poker site through them; in turn they offer the players the majority of the rake back they receive in order to get players to sign-up through their website -better to make 2% rakeback than 0%, and better to make 2% cash back on 1,000 players than 35 % on 1 or 2 players.
The question then becomes how much can a rakeback deal be worth? Well the answer depends on exactly how much rake you generate for the online poker site: High volume professional players generate upwards of $ 25,000 a month in rake -yes people play that much online poker-so with a 33% rake back deal they are pulling in over $ 8,000 every month just in rakeback! Imagine that, a break-even hold’em NL player could make $ 100,000 a year just in cash back!
Of course most of us won’t be able to generate that amount of rake, so imagine you are a mere mortal who plays 1,000 hands of hold’em 5 days a week -this equates to about a 2-hour session playing 4 tables at a time– where the average pot is raked $ 3. If you are receiving a 33% rake back deal you’ll make about $ 100 / week in rakeback.
Obviously not enough to quit your day job, or is it? Think about it, if you quit your day job and played poker eight hours a day instead of two, you’d make $ 400 a day in rakeback!
And the best part about rake back is unlike poker itself there is no variance; you are paid per hand whether you win or lose, all you have to do is play.
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