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Old 12th July 2007, 11:25 AM
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Default Cryptologic rakeback changes to 20-50% of net rake

Cryptologic rakeback Changed to 20-50% Net

Cryptologic has implemented a new network wide rakeback system beginning from July 1st. Cryptologic rakeback percentages are now calculated based on MPP points earned, and applied to net rake that includes a 22.5% network fee deduction.

All rakebacks are paid automatically by the poker room once a month.

New Cryptologic Rakeback Tables after July 1st
Code:
 Minimum MPP 	 Maximum MPP 	 Net Rakeback 	 Equivalent Gross Rakeback
0 	499 	20% 	15.50%
500 	2,499 	30% 	23.25%
2,500 	4,999 	35% 	27.13%
5,000 	7,999 	40% 	31%
8,000 	10,999 	45% 	34.90%
11,000 	And above 	50% 	38.80%
Our Rake Tracking will be updated to accommodate these new percentages once we start to get the MPP point data from poker rooms. Until that time Rake Tracking will display old rakeback rates, but this will not affect rakeback payments as they are handled automatically by poker rooms.
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Last edited by mollila; 29th July 2008 at 03:02 PM.
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