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Originally Posted by petesrun sorry i dont quite get this...
if i sign up and deposit $500 .. then it takes me 1month to get enough points up at the "cash table" games to get my deposit bonus cleared. just for this example lets say i only breakeven - dont lose and dont profit on the tables.
lets say i spend $50 in rake.
So i should have $500 (my deposit) + $500 bonus + 30% of $50 (rake).
=$1017
is that right? |
According to your example if you generate $50 rake and clear a $500 bonus in the same month, your
Ultimatebet rakeback would be 30% * ($50 - (25% * $500)) = -$22.50
Your net rake would be
-$75 if you generate that low rake and clear a large $500 bonus. In effect Ultimatebet would end up losing money, and you would not get a
rakeback payment that month. All negative amounts like this are carried over to the next months rakeback calculations.
But getting a negative net rake at Ultimatebet is not typical, so lets take a more normal example:
Your gross rake: $200
Bonus released: $100
Your net rake: $200 - (25% * $100) = $175
Your rakeback: 30% * $175 = $52.50