|
|
#1
03-16-2007, 12:28 PM
|
|||
|
|||
UB eating into the rake back for US players
Hi Michael,
Ultimate Bet just gave us late notice that effective February 22, they are deducting all deposit fees from US PLAYERS' rake. Non-US players will NOT be affected. We would have informed you of this news prior to the effective date, however this is fresh news to us as well. NOTE: Our site displays GROSS rake (MGR) for UB, meaning that neither bonuses nor deposit fees have been deducted. For every given month, UB will look at the total processing fees for ALL US players, and then divide this number by the total revenue generated by ALL US players -- which will give them a rate of around 20%. This rate will change slightly from month to month. This essentially means that ALL US players' MGR will decrease by 20%. For the calculation below will call this rate 'F'. Your rakeback payment will be calculated as follows: [30% x (MGR x(100% -F)] - (25% x bonuses received) Please note that there are NO fees on withdrawals. We sincerely apologize on behalf of Ultimate Bet for this late notice and inconvenience. We trust that you will understand that UB implemented this new rule solely due to the fact that their US processing fees have recently increased fivefold. We also realize that rakeback has become more and more complicated, so please email us with any questions! Best regards, The RakeBreak Team http://www.rakebreak.com 
|
|
#3
03-16-2007, 02:35 PM
|
|||
|
|||
|
Re: UB eating into the rake back for US players
Unbelievable. At the pace I've gone the past few months, I'd be paying hundreds of dollars per year for OTHER PLAYERS FEES as I haven't deposited at UB or moved funds at all for months.
The day UB stops the points for cash promo, it will be a ghost town.
|
|
#4
03-16-2007, 08:31 PM
|
|||
|
|||
|
Re: UB eating into the rake back for US players
i love my country.
|
|
#5
03-17-2007, 04:05 PM
|
|||
|
|||
|
Re: UB eating into the rake back for US players
Any site that deducts from your rakeback or adds fees retroactively does not deserve your business.
|
|
#6
03-17-2007, 04:08 PM
|
|||
|
|||
|
Re: UB eating into the rake back for US players
yes but did they kick you in the nuts?
|
|
#8
03-17-2007, 04:41 PM
|
|||
|
|||
|
Re: UB eating into the rake back for US players
[ QUOTE ]
Any site that deducts from your rakeback or adds fees retroactively does not deserve your business. [/ QUOTE ] In theory, yes. In practice, I have exactly two sites to chose from.
|
|
#9
03-17-2007, 05:08 PM
|
|||
|
|||
|
Re: UB eating into the rake back for US players
[ QUOTE ]
[ QUOTE ] Any site that deducts from your rakeback or adds fees retroactively does not deserve your business. [/ QUOTE ] In theory, yes. In practice, I have exactly two sites to chose from. [/ QUOTE ] And you pick UB? You sir win the moron award. I wish I could have a buisness where I walk all over my customers, do whatever I want to them, and have them coming back for more. I guess only poker players bend over [img]/images/graemlins/frown.gif[/img]
|
|
#10
03-17-2007, 05:08 PM
|
|||
|
|||
|
Re: UB eating into the rake back for US players
[ QUOTE ]
[ QUOTE ] [ QUOTE ] Any site that deducts from your rakeback or adds fees retroactively does not deserve your business. [/ QUOTE ] In theory, yes. In practice, I have exactly two sites to chose from. [/ QUOTE ] And you pick UB? You sir win the moron award. I wish I could have a buisness where I walk all over my customers, do whatever I want to them, and have them coming back for more. I guess only US poker players bend over [img]/images/graemlins/frown.gif[/img] [/ QUOTE ]
|
 |
|
|
Linear Mode
