Ultimate Bet Poker Rakeback

Ultimate Bet Poker Rakeback Details

• Poker Room: UltimateBet
• Rakeback Method: Shared Rakeback
• Rakeback Percentage: 30%
• Deposit Bonus: 111% up to $1100
• Rakeback Payment Method: Poker account
• Rakeback Payments Received: Monthly
• Tournament Rakeback Included: Yes

 

 

 

 

 

Ultimate Bet Poker Review

 

UltimateBet is offering online poker players who sign up through our web site the ability to earn 30% Shared Rakeback. This Rakeback deal is considered to be best for loose, passive poker players; those who like to see a cheap flop, but will not invest their stack without great improvement. The only drawback to the UltimateBet Rakeback program is the requirement of bonus deductions.

UltimateBet has always been a solid contender in the online poker industry, backed by several well known poker pros and offering a wide range of poker variants, but it wasn’t until the poker site merged onto the Cereus Network with Absolute Poker that its true potential was realized. UltimateBet now has a massive traffic flow, and is able to offer much more in the way of promotions, including a 111% up to $1,100 welcome bonus on the first deposit. US players have always been welcome.

UltimateBet Rakeback – Rakeback Program

 

UltimateBet pays 30% Shared Rakeback to players who sign with the online poker room up through our web site. The Shared Rakeback method is based on a player’s “average contributed rake”. It does not matter how much you contribute to a raked pot, so long as you do contribute something. A player who folds without tossing any chips into the pot will not collect Rakeback.

The average contributed rake is found by taking the total rake, and dividing it by the number of players who contributed. If you’re at a table of 9 players, and 4 of them fold pre-flop, not in blind position, they are not contributors. The other 5 players contribute to the pot. The total rake is $3. The $3 rake is divided by the 5 contributors for an average contributed rake of $0.60.

The contributing players at the table who receive 30% Shared Rakeback from UltimateBet would each get 30% of the $0.60 average contributed rake. $0.60 / 30% = $0.18 Rakeback

UltimateBet Rakeback – Rakeback Payments & Updates

 

UltimateBet pays your Rakeback directly into your online poker account once every month. Payments are made by the 18th of the following month. Once you’ve created an UltimateBet Rakeback account, you’ll be able to track your earnings via daily rake updates.

UltimateBet Rakeback – Tournament Rakeback

 

UltimateBet also pays 30% Tournament Rakeback for al MTT and SNG tournament fees paid. The fee is the smaller amount, tacked onto the actual buy-in. For instance, a $5+$0.50 tournament has a $0.50 fee, and a $5 buy-in. Rakeback is based on this fee.

UltimateBet Rakeback – Bonus Deductions

 

Yes, UltimateBet deducts all bonuses. As of July 2009, the online poker room changed its Rakeback/bonus policies, now deducting 100% of all bonuses from the player’s gross rake. For US players, any processing fees will also be deducted.

UltimateBet – Poker Rake Structure

 

UltimateBet has a rather complicated poker rake structure that, on average, sticks to the standard 5% rake. The highest maximum rake taken is 5% up to $4, though all table sizes and stakes have their own max rake cap. However, certain scenarios actually take up to 10% rake, with no cap on the max rake. This is only found at heads-up limit tables with micro-limit stakes of $0.02/$0.04.

Because of the intricacy of UltimateBet’s rake structure, we offer you a link to the rake page so you can see for yourself what type of rake to expect at your preferred limit, stakes and table size.

UltimateBet – Software

 

UltimateBet is powered by proprietary software, running on the “seriously” smooth Cereus Network. The poker client comes with lots of extra features, on top of the standard table sorting filters and statistics, like average pot size, viewed flop percentage and hands per hour, as well as in-game stats. Special features include a rabbit cam, time bank, final table deal making, personalized avatars, chat bubbles, versatile table views and upgraded hand history functions.

UltimateBet - Game Variety

UltimateBet offers an above par selection of online poker variants, with plenty of steady player traffic to keep all games active throughout the day. Games include Texas Holdem, Omaha, Omaha Hi-Lo, 7 Card stud, 7 Card Stud Hi-Lo, Razz, H.O.S.E. and H.O.R.S.E.

UltimateBet - Tournaments

UltimateBet has a hefty tournament schedule, filled with MTT and SNG tournaments. Sit’n’Gos start up all day, every day, as soon as enough players are seated to fill the table(s). MTTs include guarantees, Freerolls, bounties and direct entry satellites. UltimateBet pays out multi-millions in guarantees each month and sponsors a lot of big events, both online and live. Freerolls are a regular part of the tournament menu, giving players a lot of opportunities to pad their bankrolls without any risk involved. Aside from these free entry tournaments, buy-ins start as low as $1, scaling up into the hundreds. UltimateBet is famous for sending many of its players to the biggest live poker events around the world, including the WSOP.

UltimateBet Poker Deposit Options

Visa, MasterCard, Visa Delta, Visa Electron, Switch, Solo, Maestro, Ukash, Cick2Pay, ClickandBuy, NETeller, Moneybookers, PaySafeCard, Bank Wire and Check By Mail.