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Old 10-11-2007, 08:55 AM
corpfan1's Avatar
corpfan1 corpfan1 is offline
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Default Here we go again with Ultimate Bet/Chipleader

So, I was looking at my revenue for last month and everything was as it seemed.

Then, I went to payments and checked if it has been paid out yet, and they added a column to the payments:

DEDUCTION AMOUNT


And of course, I had a $395 deduction off of my payment.

It doesn't explain if it was for bonuses, chargebacks or what...it just deducted this amount from my poker revenue from last month.

THIS IS THE FIRST TIME THIS HAS HAPPENED WITH UB...AND OF COURSE THIS IS THE FIRST MONTH THEY ARE COMPLETELY WITH CHIPLEADER!!

Beware, your poker rake revenue is NOT AS IT SEEMS..you will get hit with a PHANTOM deduction at the end of the month, that doesn't show up until PAYMENT TIME.
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Old 10-12-2007, 12:47 AM
TheDonk TheDonk is offline
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corpfan,

What % of your revenues is that? The reason I'm asking is that the UB deductions you speak of amount to about 11% of my revenues from only poker. I had over $5,000 in blackjack revenues last month, with 0 deductions under that category. Not too bad.

I'm having a hard time complaining about that since Full Tilt Poker is banging me for 39%! Yes, 39 percent is wiped out for player fee's, bonuses paid, and overlays - mostly player fee's. I send more players to FTP every month than any other room, yet make way more money at 4 other rooms. This new PAW FTP CPA is looking more and more attractive every day. Guess I should start using those trackers!

TheDonk
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