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.