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#21
02-20-2007, 02:39 PM
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Re: turn those UltimatePoints into cold hard cash. -deductable ?
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Btw I was wondering also I've just moved to UB from AP as I said before. Does Ultimate Bet have reloads very often ? [/ QUOTE ] they've been running them more frequently lately to attract people as the market keeps changing, but for the most part, there's usually one every 2 months or so... u can check bonuswhores.com for further details... 
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#22
02-20-2007, 02:45 PM
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Re: turn those UltimatePoints into cold hard cash. -deductable ?
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[ QUOTE ] [ QUOTE ] Originally my affiliate told me that bonus was subtracted at 25% from MGR. I just received an email that it is actually subtracted from rakeback payment. Therefore, it is deducted much more from MGR than 25%. I'm too lazy to do the math....which means I'm very lazy right now because it isn't difficult math, but you get the point. This does make a BIG difference. [/ QUOTE ] no... [/ QUOTE ] Can you expand on what 'no' means? Here is the email from my affiliate... We sincerely apologize for the confusion with regards to how Ultimate Bet bonuses are deducted from MGR/rakeback. They deduct 25% of all released bonuses from players’ rakeback payment. This includes the first deposit bonus, reload bonuses, and points-to-cash. When they report our players’ rake statistics to us, bonus deductions have not yet been factored in. Rather, the bonus deductions take place at the very end of each month, and are not reflected on the “My RakeBreak Account” page. The stats page on our site shows MGR (gross rake, before deductions) for ALL sites, other than Full Tilt, Bodog, and Cake Poker. (This is confusing, so it is indicated below the stats box and in our FAQ). For example, if your Ultimate Bet February MGR shows $8500, and you received $700 in total bonuses in February – then the calculation for your rakeback payment would be as follows: (30% x 8500) – (25% x 700) = $2375 Again, we apologize for any misunderstanding or confusion. Please do not hesitate to contact us with any more questions or concerns. [/ QUOTE ] ur affiliate is mentally retarded
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#23
02-20-2007, 03:26 PM
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Re: turn those UltimatePoints into cold hard cash. -deductable ?
[ QUOTE ]
[ QUOTE ] [ QUOTE ] [ QUOTE ] Originally my affiliate told me that bonus was subtracted at 25% from MGR. I just received an email that it is actually subtracted from rakeback payment. Therefore, it is deducted much more from MGR than 25%. I'm too lazy to do the math....which means I'm very lazy right now because it isn't difficult math, but you get the point. This does make a BIG difference. [/ QUOTE ] no... [/ QUOTE ] Can you expand on what 'no' means? Here is the email from my affiliate... We sincerely apologize for the confusion with regards to how Ultimate Bet bonuses are deducted from MGR/rakeback. They deduct 25% of all released bonuses from players’ rakeback payment. This includes the first deposit bonus, reload bonuses, and points-to-cash. When they report our players’ rake statistics to us, bonus deductions have not yet been factored in. Rather, the bonus deductions take place at the very end of each month, and are not reflected on the “My RakeBreak Account” page. The stats page on our site shows MGR (gross rake, before deductions) for ALL sites, other than Full Tilt, Bodog, and Cake Poker. (This is confusing, so it is indicated below the stats box and in our FAQ). For example, if your Ultimate Bet February MGR shows $8500, and you received $700 in total bonuses in February – then the calculation for your rakeback payment would be as follows: (30% x 8500) – (25% x 700) = $2375 Again, we apologize for any misunderstanding or confusion. Please do not hesitate to contact us with any more questions or concerns. [/ QUOTE ] ur affiliate is mentally retarded [/ QUOTE ] I sincerely hope you are right.
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#25
02-21-2007, 12:07 AM
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Re: turn those UltimatePoints into cold hard cash. -deductable ?
I go through rakebreak.com. I'd be surprised if they were ripping me off...but I'd love it if anyone can verify that they are wrong here.
I've been with them since february, but just signed up on UB. The first email said that it was deducted from MGR...here is the latest email I got when I asked for further clarification. Does rakebreak have someone who answers posts here? I sent to them in reply to the email I posted here earlier: OK, so what you are saying is that the email I previously received from rakebreak is incorrect? So in effect they look like they are more generous than FT, but in reality it is not really that much better. Their reply: Thank you for the follow-up. The email below is the correct one – and we sincerely apologize for the fact that the previous email was inaccurate (sent on Sunday by a new employee). You are right in that the UB and FTP bonus deduction methods are quite similar. However, UB is in fact more generous that FTP – because unlike FTP, UB does not deduct any deposit fees or money added to tourneys. Full Tilt is the only site that deducts all of the following from players' MGR: Released signup and reload bonus dollars Deposit fees Tourney overlays (added money to players' tourneys) Points in their store or for tourneys
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#26
02-21-2007, 06:51 AM
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Re: turn those UltimatePoints into cold hard cash. -deductable ?
I have no idea what info rakebreak provides to you in their system, but the correct formula for UB should be:
MGR = ( Gross MGR - [Cleared Bonus x 25%] ) RB = MGR x 30%
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#29
02-22-2007, 01:57 PM
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Re: turn those UltimatePoints into cold hard cash. -deductable ?
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Hmmm, I just reached 1000 points for this week and I'm wondering how to cash them? It doesn't really say anywhere... [/ QUOTE ] u can only cash the pts u earned for this week after thursday night as the weekly promo is still running... wait until friday and u'll see an option for 'convert last week's pts' or something like that on ur account page...
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