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  #11  
Old 02-18-2007, 10:44 PM
Sniper Sniper is offline
Senior Member
 
Join Date: Jun 2005
Location: Finance Forum
Posts: 12,364
Default Re: turn those UltimatePoints into cold hard cash. -deductable ?

Points for cash, has not been deducted from my MGR...

While, Regular Bonuses deduct at 25% from MGR
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  #12  
Old 02-19-2007, 03:56 AM
RAHZero RAHZero is offline
Senior Member
 
Join Date: Sep 2005
Location: Spewtown
Posts: 1,351
Default Re: turn those UltimatePoints into cold hard cash. -deductable ?

I have not seen any deductions from my MGR for points for cash. In fact, my MGR for UB always seems ridiculously high compared to my PT numbers (probably because they use the dealt method). Also, OP, please tell me you're not Snozski at OP. If so, you're a good player, but you seriously need to stop berating the fish and talking strategy in chat.
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  #13  
Old 02-19-2007, 04:10 AM
snoz snoz is offline
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Join Date: Sep 2006
Posts: 18
Default Re: turn those UltimatePoints into cold hard cash. -deductable ?

Thanks for replies.

oi Rahzero was playing with you this weekend

edit: ah i see you know, well I can't help whining sometimes, I agree though its abit counter productive.
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  #14  
Old 02-19-2007, 04:45 AM
snoz snoz is offline
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Join Date: Sep 2006
Posts: 18
Default Re: turn those UltimatePoints into cold hard cash. -deductable ?

Btw I was wondering also I've just moved to UB from AP as I said before.

Does Ultimate Bet have reloads very often ?
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  #15  
Old 02-19-2007, 03:08 PM
SnappyJoe SnappyJoe is offline
Senior Member
 
Join Date: Nov 2006
Posts: 209
Default Re: turn those UltimatePoints into cold hard cash. -deductable ?

Hmm I just found out that MGR and my total rake aren't the same numbers in my PT stats. Do I receive 30% of the MGR I've produced or the 'total rake'?

MGR is a much larger number than total rake.
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  #16  
Old 02-19-2007, 03:14 PM
Palomino Palomino is offline
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Join Date: Dec 2005
Posts: 449
Default Re: turn those UltimatePoints into cold hard cash. -deductable ?

MGR...this is why we like the 'dealt' method rather than contributed. [img]/images/graemlins/grin.gif[/img]
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  #17  
Old 02-20-2007, 11:13 AM
Palomino Palomino is offline
Senior Member
 
Join Date: Dec 2005
Posts: 449
Default Re: turn those UltimatePoints into cold hard cash. -deductable ?

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.
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  #18  
Old 02-20-2007, 11:59 AM
TheScientist TheScientist is offline
Senior Member
 
Join Date: Dec 2005
Location: Watching Oprah
Posts: 540
Default Re: turn those UltimatePoints into cold hard cash. -deductable ?

If that's true Palomino, why even worry about playing with a bonus at all? (If the bonus you get is essentially taken out of your rakeback payment, then it isnt a bonus at all.) That doesn't sound right.
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  #19  
Old 02-20-2007, 12:42 PM
jonyy6788 jonyy6788 is offline
Senior Member
 
Join Date: Jul 2006
Location: ON AIM
Posts: 3,649
Default Re: turn those UltimatePoints into cold hard cash. -deductable ?

[ 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...
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  #20  
Old 02-20-2007, 12:49 PM
Palomino Palomino is offline
Senior Member
 
Join Date: Dec 2005
Posts: 449
Default Re: turn those UltimatePoints into cold hard cash. -deductable ?

[ 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.
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