Poker Rake Back - Yes You Can Make Money Online Playing Online Poker

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 having fun with a rake back deal. All of the current pro players play with rake right back, and if you do not know what rakeback is, I suggest you keep reading.

Without any vested interest in the outcome of a hand of poker, the web 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 alert to it, however in the long-run these lower 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, when you sign-up through the proper channels -i. e. a rakeback site.

Here 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're able to 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; subsequently they offer the players a lot of the rake right back they receive in order to get players to sign-up through their internet site -better to produce 2% rakeback than 0%, and safer 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 upon exactly how much rake you generate for the web poker site: High volume professional players generate up to $25, 000 a month in rake -yes people play that much online poker-so with a 33% rake back deal they are attracting over $8, 000 every month just in rakeback! Suppose, a break-even hold'em NL player will make $100, 000 a year just in cash back!

Obviously most of us won't be able to generate that amount of rake, so imagine you really are a mere mortal who plays 1, 000 hands of hold'em 5 days weekly -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 could it be? 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 absolutely no variance; you are paid per hand whether you win or lose, all you've got to do is play.