UB Bonus
UltimateBet.com, currently known as UB, is the main skin of the new CEREUS Poker Network. Sponsored by poker greats Annie Duke and Phil Hellmuth, UB serves a large player base. If you’re a US player getting sick of being unable to play on certain poker sites, you’ll be pleased to know that UB is one of the US friendly poker sites on the internet today. UB had come under scrutiny in recent years for poor security and bad customer support but has promised to improve all components of their poker room since their merger with the CEREUS poker network.
If you’ve been looking for a large bonus to earn, you’ve come to the right place because the UB Bonus is very generous. With a huge 111% match on all first-time deposits up to $1100, UB Poker proposes a great bonus for new registrants. Just type in the UB referral code of FTR111 as soon as you make your beginning poker deposit. As exciting as this sounds, it’s first good to grasp the workings behind the way you will get your UB bonus.
Let’s start with the simple info. First things first: use your computer and make a UB download. Now that you’ve got the software, you can go to the cashier. When you make your beginning real-currency deposit, UB gives you bonus dollars equal to 111% of the currency you put in, up to $1100. These additional dollars are not yet released. In order to release the bonus dollars, you need to acquire Status Points. This will need to be done by playing poker hands in real money games, whether it be cash or MTT poker.
Now for the nitty gritty of the UB bonus clearing. For every 20 Status Points you obtain, $1 of your additional currency is given out. Any time you get 100 status points, you get a deposit of $5 put into your bank. If you make an initial deposit of $1000 (and thus receive $1100 extra dollars), you need to earn 22,000 status points to release the full $1100. Be careful though: you only get 60 days to earn all of your bonus dollars before you lose the ones that remain unreleased.
The next question is how do you obtain these Status Points? For tourneys, you win one status point for each $0.30 of entry fee (so in a $30+3 tournament, you’d win 10 status points). For cash games, you get Status Points depending on the stakes you’re playing. This is the chart they use to decide your Status Points:
No Limit
$0.01/0.02 - 1 point for each 15 hands
$0.02/0.04 - 1 point per 10 hands
$0.05/0.10 - 1 point per 10 hands
$0.10/0.25 - 1 point apiece per 5 hands
$0.25/0.50 - 1 point for every 3 hands
$0.50/1.00 - 1 point for every 2 hands
$1.00/2.00 - 1 point per hand
$2.00/4.00 through $5.00/10.00 - 1.5 points for every hand
$10.00/20.00 and higher - 2 points apiece per hand
Limit
$0.01/0.02 - 1 point for every 20 hands
$0.02/0.04 - 1 point for every 20 hands
$0.05/0.10 - 1 point for each 15 hands
$0.10/0.20 - 1 point per 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 per 2 hands
$2.00/4.00 - 1 point apiece per hand
$3.00/6.00 - 1.5 points for each hand
$4.00/8.00 and up - 2 points for every hand
So, for example, 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 lower stakes like $0.10/0.25, you’d need to play 110,000 hands. If you think that this is something for you, then UB.com clearly offers a lucrative bonus arrangement for you. The good news is that because you get the money in $5 allowances, you can deposit any amount you desire and not need to worry that you can’t earn the entire bonus. You might not receive the maximum value, but something is always better than nothing.
Lastly, here is a word of caution: for new players especially, the temptation to try to earn the extra cash faster by gambling with higher stakes is always strong. Don’t let this affect your bankroll management! At the lowest stakes the UB bonus can be a long grind, but attempting to gamble higher than your bankroll will allow will probably harm you more than it will help you in the end.
