by Felonius_Monk » Fri Dec 17, 2004 6:21 am
In all honesty it probably IS possible to live off other people's rake. I was speaking to the owner of "The Site We May Not Name" the other day and he explained that typical players under his rebate programme get $50-200 per month from the rebate, and one or two really serious ones (incl. one pro) make anything up to $500+. When you take into account the fact that this guy has several DOZEN people in this programme (although if I understand right some of the money goes into various costs for the site, and for the other people involved in running it) you can see that with such a set-up it's probably the case that several THOUSAND dollars a month might be coming in purely from the rebate.
If I could find a way to easily set up a passive income stream of somewhere in the region of $1000-2000 per month on top of my winnings, my record from the past year might convince me (once it's possible for me to do so) to turn pro. I think picking up some of the "free" money out there from rake rebates, site bonuses, and things like affiliate programmes (as iceman has), teaching the odd student for a few $, and advertising through websites, is how the "smart" pro or semi-pro player these days turns a moderate monthly turnover into something much more lucrative.
Monk
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