Re: Absolute Rakeback changing to 30% from Jan 1st 2007
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This really worries me.
Why would they change it? I doubt they get single new customer because of raising rakeback to 30%. Only reason I can see for this is because they have got fed up of people leaving them because they can't get transferred to rakeback. So January 1st they will start reducing bonuses from rakeback so that there is no longer reason to leave if you have no rakeback.
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I've heard UB is going to have a public cap of 30% soon so I would presume this move by Absolute to 30% is to get in line with UB for the merger. Hopefully UB will allow for the up to 35% deal to continue after the merger.
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