Ultimate Bet Bonuses and Promotions for 2011

Ultimate Bet, sometimes called UB, has recently increased their traffic by joining forces with Absolute Poker to form the Cereus Gaming Network. Though Cereus has had problems in the past (as has Absolute Poker), traffic at Ultimate Bet has increased since joining forces with AP.

Ultimate Bet Poker First Deposit Bonus

When you make your first deposit to your new Ultimate Bet account, UB will pay you a bonus of 111% up to $1,100. Make sure you use referral code POKERSITEORG when signing up to ensure you receive your bonus.

>> Ready to redeem your $1,100 bonus? Visit UltimateBet.com to get started << Use referral code POKERSITEORG to ensure you receive your bonus

Ultimate Bet Status Points

Like other poker rooms, you clear your first deposit bonus money (as well as subsequent reload bonus amounts) by earning Status Points. You get these points by playing in raked hands. Different amounts of rake earn you different amounts of points.

Though your play history affects the trade-in value of the player points, the general exchange is 20 player points for $1 of bonus money released.

Earning UB Status Points

When you earn status points, you clear out your bonus money. If you don’t clear out a bonus within 60 days, you forfeit that money. This is UltimateBet’s way of getting you to play more poker more often.

All bonus money earned (by earning player points) is released in $5 increments.

Strangely enough, UB allows their poker players to earn Status Points by playing in Blackjack Tournaments at Ultimate Bet’s blackjack tables – that means you can play a little blackjack and release bonus money from your poker account at the same time.

RAI$E

Ultimate Bet’s loyalty club program is called RAI$E, and it is responsible for all their bonuses and perks, including the first time deposit bonus.

Every poker room I’ve ever seen offers some kind of loyalty program, and most of them now tie that program to the bonuses they pay out. Ultimate Bet is only different in that their RAI$E program has some really cool prizes you can win just for playing raked hands.

Using your RAI$E points, you can buy prizes like a game of poker with Phil Hellmuth, awesome and exotic vacations, and even a chance to fly a jet fighter. Every poker room has a rewards program, but not every online poker site can put you in the cockpit of a warplane.

You can trade your RAI$E points for other stuff, too – tournament entries, Ultimate Bet merchandise, and even cash for your player account. As you earn RAI$E points, you climb up on their rewards ladder and can earn even bigger rewards, such as 5% interest on your player account, concierge services, and cash prizes.

Your RAI$E score affects the exchange rate of your Status Points, so that if you reach the highest level of RAI$E (“Icon”) you earn $1 of bonus for every 17 points instead of 20.

Ultimate Bet Reload Bonuses

While many poker rooms don’t advertise their reload bonuses, Ultimate Bet has no problem promising you a 20% bonus of up to $150. That reload bonus changes annually, so expect a different reload bonus policy as early as 2011.

Right now though, every time you make a reload deposit of at least $50, you can earn a 20% match bonus up to $150.

Ultimate Bet.com Bonus Dollars can be exchanged to real money at a rate of $1 for every 10 player points earned in ring games. The same exchange rate is true for sit & go poker tournament play.

UB First Time Depositor Freeroll

Not every poker room offers a first deposit freeroll these days – UltimateBet does. As soon as you earn your first deposit bonus you'll also be entered into a $1,000 New Depositors Freeroll that takes place every Monday.

Since UB is increasing in size, and since they’ve recently joined up with Absolute Poker, the player base is much bigger than in the past, and the play in these tournaments is notoriously soft. You could end up putting $1,000 in your bankroll and earning the first time deposit bonus all in the same week, your first week of membership.

Since UltimateBet accepts play from American players, and since they’re offering a great first deposit bonus, first depositor freeroll tournament, and reload bonuses, there’s no reason you shouldn’t open a new player account and join up with their RAI$E bonus and loyalty program.