Full Tilt Store & Rakeback

¿Does anybody knows how this works?

I have a 27% rakeback and i don't know how to calculate how much they will take away from me if i buy something from the store.

I hear that it's not worth it to spend the point to buy things because it will cost you a lot of rakeback and you will be paying until you have completed the amount of the staff you buy. (or something like that)

20k points=$27 I believe. So whatever that is per point, lol.

Looks like $0.00135 per point.

The deduction is $5 MGR ($1.35 rakeback) per 1000 points used.

So, if a buy the harrington book (10000 points) in reality is costing me like $13 dolars, right?

Not such a great deal

Sorry,but I dont know the answer to your question. But my question is if you do buy something from the store do they charge shipping and tax?

marysgirl883 said:

Sorry,but I dont know the answer to your question. But my question is if you do buy something from the store do they charge shipping and tax?

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No, all that stuff is included in the points price, they won't charge you actual money, just rakeback and points.

I thought Rakeback programs were offered through affliate programs when your account was first established at a site. The FPP points are an incentive offered internally by FullTilt to enhance your ring game play. Therefore, I don't see any association between the two programs that would create a disincentive against your 27% rakeback program when you decide to make FTP store purchases using your FPP.

The most reliable answer would be to email FTP support and your Rakeback support. I'm interested to know how they answers your question.

RedEe said:

I thought Rakeback programs were offered through affliate programs when your account was first established at a site. The FPP points are an incentive offered internally by FullTilt to enhance your ring game play. Therefore, I don't see any association between the two programs that would create a disincentive against your 27% rakeback program when you decide to make FTP store purchases using your FPP.

The most reliable answer would be to email FTP support and your Rakeback support. I'm interested to know how they answers your question.

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No, what we're posting is accurate. FTP's are earned as a result of raked pots, each individual point is "worth" .05c or something like that. I'm positive it's the same no matter who you use for rakeback.

I understand that. Both FPP and Rakeback are earned on the tables and have monetary value. My point is that they are two separate incentive programs. Using your FPP points should not be a disincentive on your Rakeback percentage since both were already earned for past play.

full tilt poker deducts from players MGR for bonus deposits, points used, player fee's (deposit/withdrawal fee's), guarantee tournaments where the entry fee's have not met the guaranteed prize pool, and some freeroll tournaments.

Basically if you take any other type of promotional offer you will be deducted from your rakeback.

You earn points based on rake/tournament fee's and you earn rakeback based on the same. They don't want to give a player a store item earned through raked hand AND give the player 27% of that rake back.

Most sites have some type of similar promotion. Cake Poker for example won't deduct if you use points while earning rakeback, however rakeback accounts earn 50% of the points that non-rakeback accounts do.

In the end it all makes sense, otherwise the site will be losing money if they gave you rakeback and free gifts based on points.

10000 points equals -13.50 period

Here's a question (probably for support)- I have earned probably 2k points from playing and almost 15k points from the academy (bought points with my academy points)- if I then buy a chipset as planned for 14k points - does my rakeback get reduced by $20ish?

That's outrageous!!

You should ask the support, i think they can't charge you for points that you earn in the academy. But who knows.

How long it take you to make 15k points? i have 1400 and i think it will be a long time to reach that amount.

taken 3/4 months

complete the preflop challenge 10 times for 2.5k points
complete the holdem leaks 10 times for 3k points
complete the sng by the numbers 10 times for 3k points

etc! micro stakes, betting basics & medium stacks the others that are achievable (have completed bankroll management, final table and value betting once or twice but they're pretty hard/ take too long)- dont bother with the ones for 20 points!

reckon you could get 1k points in a day pretty easily if you had the time (especially just playing the preflop/ holdem leaks- playing 3 or 4 tables at lowest stakes)

Thanks i'm doing the holdem leaks now and i finished it 3 times. Bankroll management takes too long to complete, i had to grow my bankroll 25%, i did but i didn't had this challenge selected and it didn't count.

Here's what FT say about rakeback/ points:

Receiving rakeback is the most profitable bonus offer available to a poker player.
For accounts that are not linked to a rakeback affiliate, the player will not be aware of any deductions, as they are covered by Full Tilt Poker.
However, if a player is linked to an affiliate, the affiliate will receive a commission for the net revenue this player contributes.
As a part of the calculation of the net revenue, deductions are made for any costs incurred for the player that would normally be covered by Full Tilt Poker.
Net revenue is calculated as follows:
Rake + Juice ? Bonus ? Player Added ? Used Points ? Players fees = Net Revenue
Rake - money earned while playing in ring games
Juice - fees a player pays when joining a tournament
Bonus ? bonuses a player earns such as a deposit bonus
Player Added ? money we have to add to tournaments (guarantees and freerolls). For example, if there is a $10,000 guarantee tournament and we only get enough buy ins for $9,000, we split the remaining $1,000 by the players in the tournament. This amount gets added to the player added column.
Used Points ? Full Tilt Points players use on the site or in the store
Player Fees ? Transaction fees when players deposit money onto, or withdraw money from the site. Please note that the amount deducted for this post is between the Full Tilt Poker and the affiliate.
If you were unaware of these deductions we would like to remind you that rakeback is offered solely through affiliation.
Your affiliate is responsible for any information you may, or may not have received regarding the terms of your rakeback deal.

Guess that means academy points would count against rakeback as well, so deosnt make any difference?

I don't know but it makes no sense they charge you for points that you didn't get playing at the site.

There's no way to calculate a rate between academy points and rake generated

Glad you agree Ando! (I've sent them another query asking Yes or No, as they dont exactly answer my question!)

Thought it might be useful- I forgot about the tournament 'charge' for freerolls-

$6 for the madness freerolls, $30 for the uk depositors, $25 for affiliate freeroll, not to mention the CC and other smaller freerolls- reckon I must've paid $100 for entering these 'free' tournaments!

Pretty sure I havent earned $100 in rake so dont quite understand it all! (still get $3 or $4 a week in rakeback)

Wonder if I can get my rakeback account to -$1k (owed to FT)? lol

Presumably if you earned enough points for a mini and had received all your rakeback, then you'd be negative $8k or so??

So, you are saying that even the cardschat freerolls count as a rakeback discount?

That's another thing that doesn't make any sense.

14k chipset= -18.90 rakeback costs

private freerolls are not charged rb

- i cleared 275 in mid year bonus and expected a 74 dollar hit to rb but no charge so far..woohoo!

andosalado said:

So, if a buy the harrington book (10000 points) in reality is costing me like $13 dolars, right?

Not such a great deal

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from what i'm told and read its taken from your MGR at $0.005 per FTP used. so if your spent 10,000 FTPs on a book. that would be $50 taken from your MGR. which would mean that $50 less from which you recieve 27% rakeback from. which works out to be $13.50 real money it actually costs for the book. which isn't a bad deal at all especially with the free shipping.

Ok, i agree that it's a good deal with the free shipping but it could be better

Finally got enough points for the chipset- they wont ship it to europe!!

typical lol

If I were you, I would not buy anything from the store. Use the points to enter satellites, then the money you win, use to buy whatever you want. Its a better deal.