Ultimate Bet Rakeback
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When you place a bet in online poker, you contribute money to the pot. Ultimate Bet takes a small amount of each pot as a rake. Although the percentage of the pot that UB rakes is relatively small, this money adds up to a significant amount over the course of the millions of real money hands played at Ultimate Bet. Although UB is officially a free online poker site, this rake money is necessary to promote software development, pay for web hosting, pay Ultimate Bet employees and just generally keep the site running. However, Ultimate Bet offers a rakeback program to keep their loyal customers playing at the site. Through this program, a portion of your rake will occasionally be redeposited into your account.
Ultimate Bet Rakeback Percentage
In addition to offering amazing bonuses and promotions such as their 111% up to $1,100 signup bonus, Ultimate Bet offers up to 31% in rakeback to their loyal customers. This means that 31% of the money you've contributed to the pot that was collected as a rake by UB will be entered back into your real money account. This is an excellent way of keeping your UB bankroll stocked and softening the losses you incur when you lose hands at Ultimate Bet. It's also a great incentive for continuing to play at UB instead of cashing out and taking your money to a poker site that doesn't offer a rakeback program.
Rakeback will be entered into your account on a daily basis.
Ultimate Bet Rake
You might be wondering exactly how much money UB collects from each pot won at their site. This is a valid concern, since losing a portion of the pot to the house can add up over time. Fortunately, as mentioned, the UB rake is quite small. In a low-stakes cash game, UB will collect one cent out of every 20 cents in each pot, with no limit to how high the rake can become. In higher stakes games, Ultimate Bet places a ceiling on the rake.
For example, in a game with two competitors, UB will collect $1 in rake for every $20 in the pot, with a maximum total rake of $1. If there are three, four or more players participating in the game (not just in that pot), UB will rake $1 out of every $20 with a maximum rake of $2 per hand. The absolute most that Ultimate Bet can ever rake in a single cash game is $3, regardless of the stakes or number of players.
How Ultimate Bet Rakeback Relates to Bonuses
At Ultimate Bet, as with virtually any online poker site, you're required to play real money hands of poker in order to clear your bonuses, such as the initial deposit bonus and reload bonuses. This is done to ensure that players don't sign up for an online poker site, receive the cash bonus and cash out before playing any actual poker. When you receive a bonus from Ultimate Bet, it will be placed in your Bonus Dollars account before it is cleared to your real money account.
Any time that you have money in your Bonus Dollars account, 33% of your rakeback will be used to clear the funds to your real money account. After your pending bonus has been fully cleared, you'll begin to receive 100% of your daily rakeback without a portion of it being contributed to releasing bonus dollars. For this reason, it's advisable to try and unlock the full extent of your bonus dollars as quickly as possible. The most efficient way to do this is by playing plenty of hands at the $1 / $2, $2 / $4, and $3 / $6 stakes. This is the fastest way to earn Status Points and release your bonus dollars without playing at high roller tables and risking massive amounts of money.
Although Ultimate Bet rakeback is not something you can rely on as a significant source of poker income, it does serve as a nice bonus for regular players and it provides a small extra cushion to your bankroll. This is especially true if you play a lot of online poker at Ultimate Bet since your rakeback amount will scale directly with the number of pots you're involved in as you play.
