Some interesting RB info..
I get rakeback so I found this to be very interesting when trying to understand why my RB would sometimes get in the negatives.. I knew some of the reason was spending FTPS.. but some of these other reasons amazed me...
MGR is they amount of money Full Tilt makes off your account.
Any rakeback percentage is taken from this.
so if your MGR is $100. That means Full Tilt made $100 off your account.
If you have 27% rake back, you will get back 27% of your total MGR, which in this case is $27.
1] Using FTP points will deduct your MGR by $0.005 per point used.
2] Cash bonuses reduce your MGR by the face value of the bonus ($100 bonus = -$100 MGR)
3] Iron Man mid year, and Iron man year end bonuses have not effected Rakeback in the past, we assume this continues to be the case.
4] Using iron man medals to purchase Full Tilt points, will not effect MGR or rakeback, when you use those Full Tilt Points, however, your MGR will be effected. Using Iron Man Medals for Iron Man exclusive items will also effect your MGR and rakeback. The only thing that you can purchase with iron man medals that will not effect MGR and Rakeback is the $26 and $75 tokens. This is probably because they have a fee built in ($24+2 and $69+6) so full tilt is making money back when you use them.
Other things can effect your MGR and Rakeback negatively these are:
1.) Payment processing, using certain methods of depositing and withdrawal can negatively efffect your MGR (wire transfers, checks, moneygram, etc)
2.) Fraud, bouncing checks, or payments
3.) Playing a tournament where more money is paid out then is taken in. Example, if there's a $1000 prize pool in a tourney and 500 players each pay $1. There is a $500 overlay, the overlay is divided by the number of players in the tournament and each player gets an equal amount of negative MGR. In this case, 500 players and $500 overlay, means each player would get -$1.00 MGR.
A more complicated example:
Your MGR for the month is $1000. (This is the combination of Rake at cash tables and Juice from tourneys/SNGs)
You spend 25,000 FTP on a Sweet FTP Hockey jersey. This will cost you 25,000 X $0.005 in negative MGR, or -$125.00
You also cashed out a few time, and these fees were $50.00 so your MGR gets hit with -$50.00
And you played some freerolls
, and your MGR too a -$25.00 hit.
Your MGR at the end is this:
-$50 Payment processors
-$25 Tournament overlays/freerolls
total adjusted MGR: $800
Any rakeback is than figured from that number
so if you have 27% rakeback, you'll get 27% of that $800 or $216.00