How to Branch Out From Being Just a Poker Player and Become a Poker Corporation
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- Published December 23rd, 2009 in Poker Book Reviews, Poker Strategy & Tips
Unfortunately, if you are strictly a poker player you have to work in order to make money. If you go on vacation, you don’t earn any money, if you take a day off you don’t earn any money; if you get sick and can’t play, you don’t earn any money! See how it works? But there is a way to become more than just a poker player, and in this article I will give poker players a few ideas on how they can branch-out and start making money in other ways.
Become a poker affiliate
There is a saying in business that “It’s better to make $1 from 100 hours of other people’s work than to make $100 from 1 hour of your own work.” This comes down to the idea that any venture that requires zero work on your part is profitable.
In poker you can accomplish this feat by becoming a poker affiliate. A poker affiliate is someone who brings new players to different Online Poker sites in return for a percentage of that player’s rakeback. Different rakeback sites offer refer-a-friend promotions where you can receive around 4% of the player’s rakeback for life, or you can set up your own affiliate account by contacting the individual Online Poker sites -although this is a bit more profitable, it also is more time consuming and you would need to have your own website or blog, which you can see is the #2 way to generate money in the poker world.
Start a blog
Creating a blog is free, and is a great way to advertise your poker affiliate links with banner ads, and details about your rakeback deals.
A blog is also a good way to write some content that will not only bring traffic to your site, but hopefully educate some of your rakeback players. After all, the better the players are, the more money you will earn from their rakeback deal!
Blogs offer all sorts of opportunities:
- If you have some writing ability, someone may offer you a job writing content for them -which is a great way to produce a steady income stream in the up-and-down world of poker
- If your blog becomes popular enough you’ll even have advertisers paying for advertising space or link-backs
- A blog gives you the opportunity to really push your poker affiliate status
Become a poker coach
If you are a professional poker player and have proven yourself fairly adept at explaining your strategies you might want to look into becoming a poker coach. Not only can you earn $50, $100, or even $500 an hour -depending on how good you are-but you are also creating an army of winning poker players who will be earning you rakeback, assuming you are a poker affiliate of course!
All it takes is one student to become a high-volume player and you’ll be earning a ton of money through rakeback in addition to your coaching fees: Imagine you coach a player -and are his affiliate earning 4% of his rakeback– who becomes a Sit & Go professional: If your protégé is playing $50+$5 S&G’s at a clip of 100 per day, with a 33% rakeback deal -and you are receiving a 4% commission– you’d be earning $.066 for every tournament this player enters, which works out to about $2,400 a year. Or, how about if your student becomes a prolific multi-tabler who is playing 5,000 hands of poker every day: Sure, you’re only getting a penny per hand from this player, but that works out to $50/day! Now imagine if you have 20 of these players!
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