Ultimate Bet Review

  • Bonus CodeREDUCTION
  • Sign-up Bonus111% up to $1100
  • Rake Calc MethodContributed
  • Bonuses DeductedYes
  • Tournament Fees IncludedYes
  • Rakeback PaymentsAnytime
  • Rakeback30%
  • NetworkCereus
  • Max TablesUnlimited
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Once you’ve downloaded the software and made your account please fill out the above signup form. Simply put in your screen name and email address you used to register your account and we’ll make sure your rakeback is confirmed and setup!

Ultimate Bet has always been a well known name among online poker players, always represented by great poker professionals such as Annie Duke and Phil Helmuth. Though the room has had its ups and its downs in the poker spotlight.

The poker site was moved onto the Cereus Poker Network in 2008, which catapulted the well known US player accepting poker room to very near the top of the US poker market, and even closer to the top of the Rakeback market.


“To be ELIGIBLE for DAILY rakeback cashouts and applicable freerolls, rake races and rake chases you must open a NEW poker account and not have a current one on the software you download today. EXISTING accounts are NOT eligible for rakeback through RakeMonkey.com, nor are they eligible for any monthly freerolls and other promotional offers our site has to offer. Multiple accounts ARE NOT allowed through RakeMonkey – so please be aware of this when you want to sign up for one of our great poker sites. “

Ultimate Bet Rakeback

Rake Monkey works night and day to bring you the highest levels of rakeback and the best overall deals in the industry, and we believe we’ve accomplished greatness with Ultimate Bet.

When you sign up with Ultimate bet through our links, and fill out the short rakeback form on this page, you will receive 30% in rakeback from Ultimate Bet.

That 30% is calculated using the Contributed Rakeback method of calculating your MGR, or monthly gross revenue. That means that you will receive thirty percent of your share of the rake in every single pot that you put money into.

Additionally, Ultimate Bet has also agreed to send RakeMonkey players a rebate on all tournament fee’s. Therefore if you join a $75 poker tournament at UltimateBet, and you pay a $7.50 fee to enter, you get $2.50 of that fee refunded back into your poker bankroll.

Ultimate Bet also offers a few other perks to RakeMonkey rakeback players. Once you sign up through RakeMonkey and make your first deposit, you become eligible to enter the 21k Monthly Rake Chase at UB.  You’ll also be eligible to enter exclusive private freerolls, with real prize pools worth winning, and you can cash out your rakeback balance any time you feel like it!

Ultimate Bet Rakeback Payments

Ultimate Bet will automatically credit your account with your months rakeback earnings right around the 18th of each month. So if you earned $600 in rakeback in July, you should receive that money on or before August 18th. More importantly though, if on August 12th, you meet a hot girl and want to take her out, you can go ahead and cash out your earnings anytime you like.

UltimateBet Rakeback Deductions

Now we did mention there are upsides and downsides to every rakeback program. At Ultimate Bet you get to cash out your rakeback whenever you need it, however, they do charge a small portion on bonuses.

When you sign up here to play at UB, you’re eligible for 111% up to the max bonus amount of $1,100. However, if you opt in for rakeback payments (and who in their right minds wouldn’t?) UB will pay you 30% of your rake, and they’ll charge you 25% of your bonuses.

Sounds pretty fair huh.

UB Rake Schedule

Ultimate Bet charges No Limit Poker players the industry standard of 5% in rake, on up to $3 per pot where the rake is capped.

However, here’s something not everyone realizes. If you’re playing the fixed limit games in the nose bleeds, Ultimate Bet is one of the few poker rooms to up the rake a touch.

The rake at the $500/$1,000+ games is capped at $4 instead of $3. Additionally, a lot of the micro’s offer reduced rake. If you want to know how much rake you’re paying at the penny tables, check out the UB rake schedule.


Ultimate Bet Game Variety

Play H.O.S.E, H.O.R.S.E, 7 Deuce Holdem and all of the standard online poker games on Ultimate Bet. Horse is of course a very popular game for rakeback players due to the amount of pots players contribute in when they pay ante’s. In addition to HORSE Ultimate bet offers all of the most popular poker games, such as Texas Holdem, Omaha, and Omaha Hi- Lo.

Ultimate Bet Deposit Methods

Credit cards are of course accepted to fund online poker accounts at Ultimate Bet, including; Visa, MasterCard, Visa Delta, Visa Electron, Maestro, Solo, and Switch.

Additionally, online poker wallets like Ukash, Click2Pay, Clickand Buy, MoneyBookers, NETeller, PaySafeCard are also available deposit methods.

Your own personal bank likely also offers some deposit options in the way of Bank Wire’s, Bank Drafts, Cashiers Checks and your everyday personal check.

In the United States however, withdrawal methods are highly limited at most online poker rooms. At Ultimate Bet, Bank Wires are an excellent option.

Western Union like Money Grams are also an alternative, and for $8 Ultimate Bet will mail you a check.