What Does Profit Share Mean??

[Ryan92584]

i was lookin into rakeback for UB and saw it said 40% profit share ???

[AAAA]

UB is not doing profit sharing. The site that is, is a skin of UB www.pokershare.com. They are doing a new program of player promotions every 3 months, starting in December, I believe.

They will distribute 40% of their net profit to the players based on their Ultimate Point totals. The formula is a bit skewed in favor of lower limit players, but the site has been very good at following up with any player concerns.

However, 40% of profit is a far cry from 40% rake return.

Historically a business that can make a profit of 10% of gross sales/income is doing quite well. That would translate to a 4% return to players. However, many online businesses have a profit margin higher than that, so I wouldn't be surprised if there were a higher return than that to players.

Of course that is in addition to any site and affiliate perks you can obtain.

[Sniper]

Online poker profit margins are significantly higher than an average business.

I did some, but not all of the math in this thread