Originally Posted by serendipity
If you want to use Full Tilt Points to play tournaments, your best bet may be to use your points as a separate bankroll for tourney buy-ins. This has a couple of advantages. First, there is no rake in the point satellites, unlike their cash satty counterparts. Second, the point satellites are softer than cash ones because people don't treat their points as if they were as valuable.
I never pay for my tournament entries anymore, I grind away points until I have enough to get in.
Read this post below to see how it is done....
Great read serendipity! I used to do the same but even more extreme. I would play in the .com freerolls
where the top 2 out of 180 (tourney ran every 3 min) would win 50 FTPs. I would then play the 50 FTP to the 2.5k FTP (1st won 2500 FTPs, 2nd won 200 FTPs). Then I would usually buy something nice from the full tilt store since I was very new to poker at the time and felt I would get more use out of a hat than a 2,500 FTP (~$3.75) buy-in.
Anyway, FTPs are worth about 1/2 cent per FTP. So do some math and decide what items (if any) are worth buying in the full tilt store, or which tourneys you would rather play.