Unlike casino games, online poker does not involve a house advantage. In order to make online poker profitable, poker sites use the rake to collect money. The rake varies from site to site, but it is typically five to ten percent of each pot. As an online poker player, you have likely heard of rakeback. A multitude of poker sites have begun offering rakeback as an incentive for players to sign up. If you are looking to benefit from rakeback, here are a few things to keep in mind.

Greek Poker Tour aka GPT started their second season back in October 2008 at the Concord Card Casino in Vienna, Austria. Next stop is Vienna once again where you can try beating the Greek Poker players, since the poker tournament is not country restricted. The Poker Tour will be conducted on the 30th of January 2009 and the Main Event's buy-in will be 550 euros with a guaranteed prize pool of $50,000, while 2 side events are planned to take place with 115 euros and 220 euros buy ins respectively.

I played up to 2000NL the last couple of days at Pokerstars.com and although I didn't score quite big, two poker hands won and lost me a $8K pot in each one of them. I flopped a set in the first one and being deep, I managed to shove all my chips before the turn, while in the second one we were heads up and I turned a set holding Kings. However I still needed to improve by the river to win the hand, but I wasn't lucky enough!

I recorded another holdem poker session of mine playing at Betfair Poker. In this poker video I play at 2 tables for about 35 minutes and I think you will find it more interesting than the last one since I take notes on 2-3 opponents. The tables are 20NL and 100NL 6-max and you can hear my comments once again, although in Greek. In the end I made $35 but the sample hands are just inadequate for safe conclusions.

Another free online poker video is available as of today in my poker blog. This time I recorded a couple of 20NL 6-max tables over at Betfair Poker, as the article was getting published in the Greek Betfair Blog where I try to help Greek gamblers. That is also why the video comes with sound as I explain my moves in Greek. The video lasts 30 minutes and is about 36MB in size.