Iron Man: Use it, it's free!!!

If you hit silver for six months and then hit a month of bronze, does your recurring monthly bonus reset? Or do you just have to hit ANY iron man level each month to keep the bonus rolling?

just any level. As long as you get bronze you will keep it going.

I'm going for iron this month!!

Thanks No Brainer.

I am going for Silver, going to take a lot of hours grinding micro stakes haha.

Apparently there's a new change in the ironman store:

B. Ring Game Tickets: Kind of like tournament tickets, but for ring games. You can find them in the regular FTP Store and Iron Man Store ranging from $10 to $200. Buy into any single ring game table with a ticket. This should be a handy thing for anyone who has a bunch of points/medals, not a lot of cash in their account, and doesn't like to play tournaments.

Very interesting, but what keeps you from just sitting down and then cashing out 2 hands later? Do you have to work through the ability to keep it like you would a regular cash bonus?

Edit: Nevermind, I found it out. You need to hit a specified number of FTP's in order to be able to cash out the value of the ticket. For example, on a $10 ticket, you need to hit 250 FTPs, or on a $200 ticket, you need to hit 5000 FTPs. Kind of dumb.

More info these Ring Game Tickets can be found here.

It seems that you can buy into cash games with them, but won't receive their value in pure cash until you've earned a certain benchmark of FTP points with them.

Honestly, the first thought that came to my mind when I read about these was--isn't there a serious loophole here? Couldn't someone just buy into a game with one of these tickets, lose it to a friend, and arrange to have that friend send the ticket's value back to them in cash, rendering it essentially an instant (and rake-free) bonus?

This could be construed as a form of "chip dumping", but as the people involved would not be putting themselves at an unfair advantage over other players, would or should this be punishable? Only FTP would be paying, since they'd be missing out on rake that may otherwise have been generated had the owner of the ticket continued to maintain it. How would/should FTP deal with this kind of situation?

I'm thinking about actually taking advantage of this promo this month because of Take 2 coming up. Normally I have enough bad pain days and don't play during any given month enough days to do it.

That is pretty much the definition of chip dumping and yes it would be punishable by FTP if they were to catch on to it(the transactions between the two IDs that played against another would be a red flag). I have even seen stories, one in particular from here, where a girl didn't have her account verified and got a big score, so she couldn't withdrawl, so she dumped her chips to her boyfriend's account and both accounts were locked up. Not worth it for what would probably add up to only about a couple buy-ins for whatever level you're playing(I say this because there won't be many 10NL players who have an enormous amount of medals, like for instance 1100 for the $200.)

I'm in my 15th month of Iron Man.

I usually register a day in advance for the $0+$0.10 $1000 Guarantee that starts at 17:35 ET (21:35 GMT).
By registering every day and I'm assured 1 FTP per day and the 15 medals by earning ticket for the "One-A-Day Freeroll".

I must average around 20 day per month so even if I sit out the 10¢ entry fee tourney, at most I lose $1 a month.
The 15 medals is half of what an Iron Day (30 medals) cost, and more than enough for a $2.20 BLT ticket (13 medals).

You must play more than just that tourney to get your required amount. I'm pretty sure only paying $0.10 rake won't get you a full FTP as it takes about $0.14 per FTP in tourney buy-ins. I could be wrong, but I don't think so.

Pretty sure it's 10 points/$ spent in tourney rake, so .10 rake should work for a point.

My bad, I was wrong, it used to be 7 points per $1 paid in rake, so I wasn't up to date.

If i get ironman for 12 months (different level each month) what sort of bonus can i expect at the end of the year?

The bonus is paid out every six months. So it depends on what level you hit each month.

Iron = $100
Gold = $75
Silver = $50
Bronze = $25

So if you did three months Iron, one month gold, one month silver and the last month bronze, you would get a $450 bonus to clear during July. Then say from July to Dec you hit Iron every month, you would receive a bonus of $600 that you would have to clear in Jan the following year.

So the most you can earn is $1200 Iron man bonus each year. Not bad imo.

Awsome! im looking at six months @ silver. $300 bonus is always nice.

Last year I got a medal in Jan,Feb,Mar,Apr, and May. I didn't make it in June because of some vacations and being busy with work. I looked in July for my bonus, and it was nowhere to be found. I found out later (through cardschat) that I had to medal in June to get all of the previous bonuses. LAAAAMMMEEEE. This year I will make sure to play in June.

So, does everyone lose out on Iron Man if it's the sites fault that we can't play?

Being in Japan, I'm still able to play but I was wondering about this for any US players that are 36+ consecutive months into Ironman how badly it's going to affect them.

Ironman status is the least of our worries right now.

This is a great promo but clearing the entire bonus forces you to play even more!

Just be prepared to grind it out in July and August!
You have just 45 days to clear the bonus @ $0.05 per FTP.
You'll need 6000 FTP to clear the entire $300.
$300 ÷ $0.05/FTP = 6000 FTP
6000 FTP ÷ 45 days = 133.33 FTP per day Average

$300 = 133.33 FTP per day Average!

At a 50 FTP per day level of play...
You make Silver in a month by playing 25 days at 50 FTP/day.
If you played 40 of the 45 days at 50 FTP/day you will clear just $100.

To clear your entire $300 bonus you need to play at Gold or Iron levels for July and August.

You see where this is going don't you...

Let's say you play at Gold or Iron for Jul-Aug and back to Silver for Sep-Dec.
Now you'll get a Year-End Iron Man Bonus of $350-400, requiring even more play in Jan-Feb to clear the increased amount!

Good news is you don't need to clear the entire bonus.
At the end of the 45 day you get whatever amount you've cleared.

My approach was to play Iron for 2 months to clear the bonus and then Gold for the next four months. This would get me a $500 bonus which took 10,000 FTP to clear, or 40 days @ 250 FTP/day.

Any bonus is good. No matter how much you clear.
Here's the most you can expect to clear if you play 40 of the 45 days.
50 FTP per day -> $100
125 FTP per day -> $250
250 FTP per day -> $500

Full Tilt certainly lose out, they want as many people playing there (and generating rake for them) as possible.

An FTP rep on 2+2 was saying that US players with continuous Ironman months will NOT be reset if/when the US is able to play again on their site.

From what I've recently read it looks like FT will remember your April Iron Man Status so you can pick up where we left off.
It also says they will honor months earned towards the Mid-Year bonus.

In addition, Iron Man Medal and Academy Credits will be converted to FT Points.
At some point, they suggest the FT Store will be opened to US players so we can use these FT Points to buy merchandise.

unsticky this ! lol just makes me think about full tilt again

Ha, funny you should post this today...I was just going through all the stickies on site.