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Old 16th February 2007, 08:39 PM
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Default FTP bonus deduction

Hello All,

im new to this site and to rakeback. As i understood it , ftp deducts the initial depositors bonus of 600. but now aftyer 1 month of playing they already deducted 819 dollars. I have no idea how and what they calculate for this deduction. Anyone knows more about this?

thanks in advance,


Aquanaut
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Old 18th February 2007, 01:23 AM
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Hi Aquanaut,

Welcome to the forums.

In addition to any bonuses, Full Tilt also makes other deductions from your gross rake. Please see below for the full formula used. Sometime in the near future we should update our Rake Tracking to show the individual deductions, not just the total.


Your 27% FTP rakeback is based on Full Tilt Net Rake. Below is the actual formula used by Full Tilt to calculate your net revenue:
Rake + Tournament Fees – Bonus – Player Added – Used Points – Player Fees - Fraud = Net Rake

Your rakeback is 27% of Net Rake

Legend:
Rake - Money earned while playing in ring games
Tournament Fees - Fees a player pays when joining a tournament
Bonus – Bonuses a player earns
Player Added – Money Full Tilt has to add to tournaments. For example, if there is a $10,000 guaranteed tournament and Full Tilt only gets enough buy ins for $9,000, they split the remaining $1,000 by the players in the tournament.
Used Points – Full Tilt Points used on the site or in the store are deducted at a rate of $0.005 per point.
Player Fees – Transaction fees when players deposit money onto the site
Fraud - Bad credit etc.

Please see Full Tilt website FAQ for further information about Full Tilt Points, fees and bonuses:
Online Poker at Full Tilt Poker - Frequently Asked Questions
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Last edited by mollila; 28th July 2008 at 02:07 PM.
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