Havent received my rakeback yet on full tilt

[pokerking5]

hi,
I havent received my rakeback yet of the month June, when I look at tracking it says -102$ I dont understand. Does anyone knows whats the problem here?

[Phildavies]

Yeah you must have used your full tilt points, apparently you saved up quite a bit of them and used them last month...

[tony]

Hi pokerking5,

Starting from this month rakeback for Full Tilt is paid weekly not monthly. But it is only working for those people who got positive amounts of rakeback. So you have -$102 for June and it is mostly because of the deductions which were made by Full Tilt. Log in to our website and go here to see the breakdown of your deductions. You need to generate more than $102 rakeback in order to start receiving it.

[powrdragn]

It appears that you may have playe din a lot of tournaments with overlays (which get credited out of the players rakeback if I'm not mistaken).

There are also credit card deposit fees and such that count againt those I think.

There are probably a few other charges, but you get the picture. Check your deductions and then get your plan together to get your rake over $102.

[tony]

Hi powrdragn,

No you are not mistaken, here are by the way all the deductions which are made to your gross rake by Full Tilt to get net rake on which rakeback is based.

Bonus – Any bonuses released into your account.
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 you deposit money onto the site.
Fraud – Credit chargebacks etc.

[pokerking5]

ok ty guys I didnt know all this stuff, I'll to generate more than $102 rakeback in order to start receiving it.

[mollila]

Originally Posted by pokerking5 ok ty guys I didnt know all this stuff, I'll to generate more than $102 rakeback in order to start receiving it.

Correct. You have so far generated a loss to Full Tilt, as they have paid you that much more money than you have paid to them in rake.