At the moment everyone wants to Save, Save Save, but with the new rakeback deductions policy being brought in at Absolute Poker and Ub.com from March the first it’s best to spend , spend SPEND!
We are no money saving expert, but we wouldn’t want you to miss out on any of your rakeback earnings.
As of March 1st 2012, Absolute Poker and UB.com (formally Ultimate Bet) will be making deductions for the spending of Loyalty Points on Tournaments, at the AP Store & the UB Store.
Each point you spend will be deducted from your MGR at its cash value . The current LP value is $0.01 per point. This means spending 1,000 points will result in a $10.00 deduction from your rake – or $3 from your rakeback at 30% for Absolute Poker Rakeback and UB Rakeback)
We recommend that if you wish to use your Loyalty Points you should do so before this change of policy is introduced on March 1st as any Loyalty Points spent after this date will negatively impact on your rake.
What do you think about this change? Discuss Here
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