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Old 03-16-2007, 11:47 AM
SweetPea SweetPea is offline
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Join Date: Apr 2006
Posts: 165
Default Re: UB rakeback payment [censored] ridiculous wtf

[ QUOTE ]
I actually think this additional deduction from MGR for fees/whatever is pretty common for most affiliates and most sites.

[/ QUOTE ]

They are not subtracting 10% of MGR and then calculating rakeback. UB is taking ~10% of MGR out of your rakeback *payment* for no reason other than they can and they must be in desperate financial straights.

UB is, in effect, penalizing US players 1/3 of their rakeback, whether we've caused them to incur any fees or not. Rakeback for US players at UB is actually ~20%, not the 30% advertised.

Rakeback at UB as most sane people would assume: .30(.9*MGR) or .30(MGR-fees)
Rakeback at UB as it actually is: .30(MGR) - .10(MGR) = .20(MGR)

Edit: Actually it appears it is even worse than this. My data is not exact, but by my math UB's rakeback could be calculated as .30(.90MGR) - .10(MGR). 17% rakeback. Lovely.
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