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New Rakeback rules from the 1st July 2007 Rakeback levels Rakeback will now be paid on Net Rake (calculations as follows)..
Total Poker Player rake minus 22.5% (Administrative fees) equals Net Rake Rakeback will also be paid on a tiered structure...
Dependant on the MPPs obtained in the Rakeback period the percentage Rakeback will go up The entire Rakeback will be paid on the highest tier obtained during the period The Rakeback tiers are as follows and as far as we are aware are being adopted by all the rooms we work with. We are waiting for confirmation from WH and Parbet, but we guess that they will be singing from the same hymn book

BIMONTHLY PAYMENTS
Paid on the 1st & 15th of each month (unless weekends)
Minimum MPP Maximum MPP Net Rakeback Equivalent Gross Rakeback
0 249 20% 15.5%
250 1,249 30% 23.25%
1,250 2,499 35% 27.13%
2,500 3,999 40% 31%
4,000 5,499 45% 34.88%
5,500 And above 50% 38.75%


MONTHLY PAYMENTS

Minimum MPP Maximum MPP Net Rakeback Equivalent Gross Rakeback
0 449 20% 15.5%
500 2,499 30% 23.25%
2500 4,999 35% 27.13%
5000 7,999 40% 31%
8,000 10,999 45% 34.88%
11,000 And above 50% 38.75%