Does Any Body Know What Red Pros Get From Full Tilt?

#1 12th January 2011, 4:20 PM

Hey Everyone,

I am curious to know what RED Pro Players from Full Tilt get from the site?

Do they give them a percentage of their play?

Do they have access to their corporate yet to fly to different events?

is it like a job, that they get payed to sit down at the tables?

What if a RED Player goes broke, case and point Gus Hansen, down over $3.5 Million last year... does Full Tilt give them some money?

#2 12th January 2011, 4:25 PM

I would imagine that each player has a very unique contract with full tilt. So some players would make an hourly, while others are on salary. The bigger the name I would assume the more likely they are on some sort of salary. I can only speculate as I have not researched this.

But it stands to reason that a pay structure like this makes the most sense.

#3 12th January 2011, 4:25 PM

I know that they get 100% rakeback, and I believe some of them get paid to play. I think the actual pro's get paid, and the affiliates just get 100% rakeback, but I'm sure their contracts vary.

#4 12th January 2011, 4:39 PM

As I understand it, they are staked by the site and can keep any winnings. The sites do this with the hopes that others will see the pro playing and more people will play in the games pros are regged in and thereby increasing the sites rakeback.

#5 14th January 2011, 9:02 AM

They get to doomswitch players!

oh and shweet 100% RB.

#6 14th January 2011, 9:59 AM

I think the top marquee names like Phil Ivey and maybe Antonius and Durrr also have some shares in the company. It's rumored that Ivey has about 5% ownership of the company shares.

#7 14th January 2011, 10:32 AM

Did you ever wonder what kind of deals the pros get at Full Tilt Poker? Here you go:

For starters, most of the pros get a monthly "salary", which is deposited into their Full Tilt Poker accounts. Obviously they are encouraged to use that money at the tables instead of just withdrawing the money, but they are free to do with it however they wish.

Most of the original pros at the company, including Phil Ivey, have equity stakes. Newer pros don't receive stakes in the company.

All pros receive 100% of their rake back at the end of each month. This is deposited straight back into their accounts, and is done to encourage them to play.

All pros are expected to put in a certain number of hours per week on the tables, and are encouraged to mix up their play (lower and higher limits.) If you seeing a "pro" playing low stakes, this is probably why.

Some pros are paid an hourly "wage" for each hour that they put in at the tables. Not all pros receive this.

All pros receive a bonus if they appear on television at a poker tournament wearing Full Tilt Poker gear.

Wonder why Full Tilt Poker accompanied Mike Matusow to the cage after his second place finish at the Bellagio Cup III? That is because they had staked Matusow in the tournament. Full Tilt Poker pros, depending on who they are, can choose to be staked into major tournaments. Full Tilt Poker doesn't offer this to all of their pros, but definitely extends the offer to their bigger-name pros, including Matusow and others.

Contrary to rumors, Full Tilt Poker does not have a policy of staking their players in cash games. From the two pros that I have talked to, players play with their own cash.

Most Full Tilt Poker pros do not have access to personal information about other players. For instance, Mike Matusow can't get the name and personal details of another high limit player. I am sure that the players high up in the company, including Chris Ferguson and Howard Lederer, could access this info if they wanted, but I don't see the reason.

And lastly, no -- there is no pro "kill switch." And pros can't see other player's cards. Just in case you were wondering.

#8 14th January 2011, 10:34 AM

The most common story is that most of the original Team Full Tilt members (but in particularly Lederer and Ferguson) indirectly own the site and get a percentage of its income. The Clonie Gowen lawsuit suggests they don't all enjoy that status though so who knows who really gets what. Lederer and Ferguson are consistently named as two of the ones that are making bank from the site though.

Garden variety "red pros" won't have it anywhere near that good. The same stories also go that they get 100% rakeback and then $30 or thereabouts for every hour they spend at the tables.

#9 15th January 2011, 9:23 AM

Quote:

Originally Posted by steortex

Did you ever wonder what kind of deals the pros get at Full Tilt Poker? Here you go:

For starters, most of the pros get a monthly "salary", which is deposited into their Full Tilt Poker accounts. Obviously they are encouraged to use that money at the tables instead of just withdrawing the money, but they are free to do with it however they wish.

Most of the original pros at the company, including Phil Ivey, have equity stakes. Newer pros don't receive stakes in the company.

All pros receive 100% of their rake back at the end of each month. This is deposited straight back into their accounts, and is done to encourage them to play.

All pros are expected to put in a certain number of hours per week on the tables, and are encouraged to mix up their play (lower and higher limits.) If you seeing a "pro" playing low stakes, this is probably why.

Some pros are paid an hourly "wage" for each hour that they put in at the tables. Not all pros receive this.

All pros receive a bonus if they appear on television at a poker tournament wearing Full Tilt Poker gear.

Wonder why Full Tilt Poker accompanied Mike Matusow to the cage after his second place finish at the Bellagio Cup III? That is because they had staked Matusow in the tournament. Full Tilt Poker pros, depending on who they are, can choose to be staked into major tournaments. Full Tilt Poker doesn't offer this to all of their pros, but definitely extends the offer to their bigger-name pros, including Matusow and others.

Contrary to rumors, Full Tilt Poker does not have a policy of staking their players in cash games. From the two pros that I have talked to, players play with their own cash.

Most Full Tilt Poker pros do not have access to personal information about other players. For instance, Mike Matusow can't get the name and personal details of another high limit player. I am sure that the players high up in the company, including Chris Ferguson and Howard Lederer, could access this info if they wanted, but I don't see the reason.

And lastly, no -- there is no pro "kill switch." And pros can't see other player's cards. Just in case you were wondering.

Quote:

Originally Posted by teebee

wish i knew what the deal was with the pros . lol

What else would you like to know?

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