Negative Rakeback Carryover?

[BBuemi]

May be a dumb question but does negative rakeback carry over from month to month?

Example: I generate $200 in rake but use 100,000 pts in the FT store which would be a $500 deduction so my total would be -$300 for the month at 27% so I would have a negative rakeback of $81 for July. Would I start with that balance in August or does it reset back to $0?

Thanks for the help.

[tony]

Hi BBuemi,

Yes all negative FullTilt rakeback balances will be carried over to the next month payment. So if you will want to receive rakeback for next month June it must be bigger than this last month's negative amount. I think its quite simple also keep in mind that minimum transfer amount must be more than $5. So good luck and do not go too deep in minus

[allthatremains]

Originally Posted by tony Hi BBuemi, Yes all negative rakeback balances will be carried over to the next month payment. So if you will want to receive rakeback for next month June it must be bigger than this last month's negative amount. I think its quite simple also keep in mind that minimum transfer amount must be more than $5. So good luck and do not go too deep in minus

Actually, I believe it should be everyones' goal to go into as deep a minus as possible.

All this would mean is you would have been receiving more benefit through the site (freeroll value, bonus, points redeemed, etc.) than you have paid in rake.

You would be farther ahead by "being paid" to play poker as opposed to getting a % back of the fees you paid. This will never work as a long term strategy for everyone because the sites are obviously out to make money, but go into negative rakeback as long and as deep as possible.

[iceveins0901]

i just got back into the positive after a lax 2 weeks and the negative rakeback from the FT jersey, but if you have a bankroll, it is hard to continuously get deep into the negative rakeback, as you dont earn enough points to spend compared to rake you pay, so most of the time you will be in the positive