UB Bonus Clearing
Filed under: Ultimate Bet.With a monster 111% return on all first-time deposits for a maximum of $1100 additional dollars (with a deposit of $1000), UB Poker clearly proposes a very worthwhile bonus opportunity for new registrants. Really, all you need to do is type in the UB referral code of FTR111 when you make your initial deposit. It’s good to understand the technicalities behind how you’re going to get your UB bonus.
You have to be aware of how much you have to gamble to get that bonus, what levels you receive the bonus in, and how much time there is before the extra offer is over, so you can measure it against the other poker sites online out there.
Here’s the base info. When you make your first ever real-currency deposit, UB gives you extra dollars equal to 111% of the money you banked, up to $1100. But these bonus dollars are not yet “let go.” In order to use your bonus dollars, you need to acquire Status Points. You can only do this playing poker hands in real currency poker games and tournaments.
For each 20 Status Points you obtain, $1 of your extra currency is “released.” Every time $5 of your extra money is given out, so every time you get 100 status points, you get a deposit of $5 placed in your account. If you make an beginning deposit of $1000 (and thus $1100 of additional dollars), you need to earn 22,000 status points to free the full $1100. Here’s the kicker – there are only 60 days to clear all of your extra dollars before you lose the ones that remain unreleased.
So how do you get Status Points? In association to some online poker sites, the algorithm Ultimate Bet uses is quite simple. For tournaments, you receive one status point for any $0.30 of entry fee (so in a $30+3 tournament, you’d obtain 10 status points). For cash games, you get Status Points according to how high stakes it is. UBPoker provides a chart for your use at http://www.ultimatebet.com/raise-loyalty/earn-climb/status-points, or you can just make use of this one:
No Limit
$0.01/0.02 – 1 point apiece per 15 hands
$0.02/0.04 – 1 point per 10 hands
$0.05/0.10 – 1 point for each 10 hands
$0.10/0.25 – 1 point for every 5 hands
$0.25/0.50 – 1 point apiece per 3 hands
$0.50/1.00 – 1 point per 2 hands
$1.00/2.00 – 1 point per hand
$2.00/4.00 through $5.00/10.00 – 1.5 points apiece per hand
$10.00/20.00 and higher – 2 points for each hand
Limit
$0.01/0.02 – 1 point for each 20 hands
$0.02/0.04 – 1 point per 20 hands
$0.05/0.10 – 1 point per 15 hands
$0.10/0.20 – 1 point for every 15 hands
$0.25/0.50 – 1 point for each 10 hands
$0.50/1.00 – 1 point apiece per 5 hands
$1.00/2.00 – 1 point for every 2 hands
$2.00/4.00 – 1 point per hand
$3.00/6.00 – 1.5 points for each hand
$4.00/8.00 and up – 2 points for every hand
So, in essence, you’d have to participate in 22,000 hands of $1.00/2.00 no-limit poker within 60 days to be able to clear the total $1100 bonus. If you’re playing for lower stakes like $0.10/0.25, you’d need to 110,000 hands. If you think that this is something you can do, then UB clearly proposes the best bonus deal for you. If you can only participate in, say 4,000 hands of $1.00/2.00 in that time, you’ll should consider that you will only receive closer to $200 of extra cas – which is still awesome. The really good news is, because you get the cash in $5 allowances, you can deposit as much as you have to and not have to worry about losing it. You just won’t get as much free money as you could have otherwise made, but it’s still a good option.
UB.com also frequently presents bonus dollars for other events, to keep you depositing money into your real-money account. As far as bonus programs go, theirs is one of the most inclusive.