Crypto changes its rakeback rules?

[Black winter day]

I just talked with DTD representative and he told me the following

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
-Dependent on the MPP's 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

Rakeback will from now onwards only be paid by DTDPoker and not by any third party

Rakeback is paid to all players on DTDPoker, whether a player has joined direct or through an affiliate
The Rakeback tiers are as follows:

Minimum MPP Maximum MPP Rakeback
1,000 4,999 30%
5,000 * 7,999 40%
8,000 * 10,999 45%
11,000 * And above 50%


it means if you rake £100
£22.50 is take for admin by crypto logic
then you get 50% of the balance £77.50
so technically it is capped at 38.1 % gross rakeback across all crypto skins

In any case, is this true?
My affiliate doesn't seem to be aware of the change yet and i don't know, whether this is for all Crypto sites or just DTD (even though i have no reason to suspect the DTD isn't speaking the truth).
So, what do you all know about it?

[RakeTheRake]

Mostly true except the levels we have are different...

We just received the official email from Littlewoods

[ QUOTE ]
Dear RTR

As you may know, Littlewoods Poker uses the CryptoLogic Poker Network as our poker software provider. As part of our licensing deal all Operators within the Network have agreed to abide by a number of new rules from the 1st July 2007 which we believe will enhance the poker network, our players experience and indeed our affiliate’s revenue. These rules listed below are aimed at making Littlewoods Poker the best room on the net for everyone.

New Rakeback rules from the 1st July 2007.

Rakeback levels
***************
Rakeback will now be paid on Net Rake
Total Poker Player rake minus 22.5% (Administrative fees) Equals Net Rake Rakeback will also be paid on a tiered structure Dependant on the MPP’s 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 Rakeback tiers are as follows



Minimum MPP Maximum MPP Net Rakeback Equivalent Gross
0 499 20% 15.5%
500 2,499 30% 23.25%
2,500 4,999 35% 27.13%
5,000 7,999 40% 31%
8,000 10,999 45% 34.9%
11,000 And above 50% 38.8%



[/ QUOTE ]



The rules come in to place on the 1st July

There are also a number of serious rules for affiliates, for which infractions will receive the toughest penalties.
We would therefore advise that from now onwards you only sign up to Crypto rooms through trusted affiliates.

Regards

RakeTheRake

[RakeBacks.com]

[ QUOTE ]
Mostly true except the levels we have are different...

We just received the official email from Littlewoods

[ QUOTE ]
Dear RTR

As you may know, Littlewoods Poker uses the CryptoLogic Poker Network as our poker software provider. As part of our licensing deal all Operators within the Network have agreed to abide by a number of new rules from the 1st July 2007 which we believe will enhance the poker network, our players experience and indeed our affiliate’s revenue. These rules listed below are aimed at making Littlewoods Poker the best room on the net for everyone.

New Rakeback rules from the 1st July 2007.

Rakeback levels
***************
Rakeback will now be paid on Net Rake
Total Poker Player rake minus 22.5% (Administrative fees) Equals Net Rake Rakeback will also be paid on a tiered structure Dependant on the MPP’s 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 Rakeback tiers are as follows



Minimum MPP Maximum MPP Net Rakeback Equivalent Gross
0 499 20% 15.5%
500 2,499 30% 23.25%
2,500 4,999 35% 27.13%
5,000 7,999 40% 31%
8,000 10,999 45% 34.9%
11,000 And above 50% 38.8%



[/ QUOTE ]



The rules come in to place on the 1st July

There are also a number of serious rules for affiliates, for which infractions will receive the toughest penalties.
We would therefore advise that from now onwards you only sign up to Crypto rooms through trusted affiliates.

Regards

RakeTheRake

[/ QUOTE ]

We also received different levels from PokerPlex...

[ QUOTE ]
Dear RakeBacks,

As you may know, Poker Plex uses the CryptoLogic Poker Network as our poker software provider. As part of our licensing deal all Operators within the Network have agreed to abide by a number of new rules from the 1st July 2007 which we believe will enhance the poker network, our players experience and indeed our affiliate’s revenue. These rules listed below are aimed at making Poker Plex the best room on the net for everyone.

New Rakeback rules from the 1st July 2007

Rakeback levels

• Rakeback will now be paid on Net Rake (calculations as follows)
o Total Poker Player rake minus 22.5% (Administrative fees) Equals Net Rake
• Rakeback will also be paid on a tiered structure
o Dependant on the MPP’s obtained in the Rakeback period the percentage Rakeback will go up
o The entire Rakeback will be paid on the highest tier obtained during the period
• Rakeback tiers are as follows


Bi – MONTHLY PAYMENTS

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%


[/ QUOTE ]

[RakeTheRake]

J, yours are bi-monthly, so are effectively the same.

It seems that the rooms themselves have certain levels which they cant breach.

Also we are not totally clear yet but the payments may actually be made weekly/bimonthly/monthly depending on the rooms.

Regards

RTR

[GreatRakeback]

received the information about
Betsafe : payments are bi-monthly


MPP Netto Rakeback
0- 249 20%
250- 1,249 30%
1,250- 2,499 35%
2,500- 3,999 40%
4,000- 5,499 45%
5,500 and above 50%

[RakeTheRake]

and same from Interpoker payable twice a month

Minimum MPP Maximum MPP Net Rakeback Equivalent Gross Rakeback
0 249 20% 15.50%
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%

Seems that the major Crypto rooms are all singing from the same hymn book

Regards

RakeTheRake

[Thomas Luice]

[ QUOTE ]
Rakeback is paid to all players on DTDPoker, whether a player has joined direct or through an affiliate


[/ QUOTE ]

So it means that there is no more reason to sign-up through an affiliate? [img]/images/graemlins/confused.gif[/img] [img]/images/graemlins/confused.gif[/img]

What a huge badbeat for affiliate. [img]/images/graemlins/frown.gif[/img] [img]/images/graemlins/frown.gif[/img]

[RakeTheRake]

There are still many reasons to sign up with affiliates

Firstly in this scenario any player who rakes under 1000 MPPs gets nothing. This is not the case with Inter/Plex/Littlewoods/Betsafe

Also anyone raking between 2500-4999 points is losing out on 5% that they would get with Inter/Plex/Littlewoods/Betsafe

Also (we might be wrong) but there dont seem to be any sign up or reload bonuses with their offer as with Inter/Plex/Littlewoods/Betsafe (bonuses obviously differ at each)

So really every player who wants the best available rakeback deal and extras at Cryptologic should sign up Through an affiliate.

hope that helps

Regards

RakeTheRake

[Bobo Fett]

Dumb question, as this "admin fee" and net rakeback/equivalent gross rakeback is confusing me.

If I was getting 30% RB before and now I qualify for 30% net (IE 500 MPPs+ on most sites), will I be getting the same amount of rakeback as I used to, or will my RB be dropping by 22.5%?

[RakeTheRake]

Hi Bobo Fett

You'll be getting 22.5% less rakeback than normal yes [img]/images/graemlins/frown.gif[/img]

regards

RTR