UB Cereus Rakeback reallys seems wrong

[RHoof]

So I received the November rakeback. I received the same amount that is on the raketracking. I have no idea what the deductions from gross rake are for. For example, they deducted $150 one day in deductions which caused me to be actually in negative rakeback for awhile. This is so screwy.

Ex: I have an inexplicable deduction of $100 in October. A $150 deduction and another $100 deduction in November without explanation.

[Mika Ollila]

UltimateBet deducts deposit fees from rake, and the fee can be applied from 1 to 15 days after the transaction. So a deposit fee can be on next month's Rake Tracking report.

I'll make a note to our developer to add a deductions breakdown to UltimateBet Rake Trackind detailed view.

[RHoof]

well that sucks. i never would have deposited if i knew that. i didn't even need to deposit. oh well Cereus sucks and I'll never play there again anyway.

[77demedeme11]

I've had the same issue with a smaller amount. I'm a new member to rakeback, but for all the hype, the rakeback check on UB is actaully a negative number to me! Since they don't pay anything on Sit n Go's, its very difficult to see why anyone would even bother!

[Mika Ollila]

Since they don't pay anything on Sit n Go's, its very difficult to see why anyone would even bother!

Their employee has said publicly on a webmaster forum that UltimateBet will start paying from tournament entry fees one month after launch of Cereus. It remains to be seen how cereus they were.