Poker

• Unless you are offering poker games like Blackjack, you are not responsible to pay the winners.
• The house usually charges a rake of 3% to 5%. That comes down to about £1 to £3 per pot or hand.
• The rake is set by the house. It can change depending on the number of players, the game type, and many other factors. When the pot sizes are huge, the rake grows in size proportionally.
• Each player ends up playing anywhere between 50 to 100 hands per hour.

From these numbers, it is clear that even with a small number of regular players, an online poker room can generate hundreds of thousands of pounds a year.

Suppose you manage to get 100 new players every month. Let’s say the retention rate is 80%. If each player gives you a very conservative profit of only £50, even then, you end up making £5,000 the very first month. In the second month, you have 80% of the previous month’s customers and 100 new customers. Together, they generate profits of £9,000. In the third month, this number goes up to £12,200. As impressive as these numbers are, we have just reached the third month.

By the twelfth month, you will be making in excess of £23,000 every single month. What’s more, that number will be constantly increasing with each month.

Needless to say, online poker room businesses are swimming in cash.