Exactly how do you calculate how much FTP's cost you in rakeback on Full Tilt Poker

[jtopol]

HI, just reading over the guidelines for Full Tilt rakeback and it specifies that the Full Tilt Poker points you use are held against your rake back.

I was curious how much a 300ftp, or 1200ftp, or 600ftp sng costs you in rakeback

Thank you for your time

[emoneypitt]

Each used FTP, whether it be used for tourneys or cashing out for merchandise costs you $.005 or a half a penny per FTP. So, for example, 300 FTP x .005 = $1.50.

[KCCHU22]

one cant lose money at full tilt can they when signing up for rakeback im confused some my wife created a new account a couple of days ago i refeerred her hope this cars up soon for us im easily confused lol gla at the tables cya

[Mika Ollila]

one cant lose money at full tilt can they when signing up for rakeback

Well you can of course lose the money you are betting at the tables

Besides that, what they guys were talking about above are standard deductions that poker rooms make on your rake, which in turn affect your rakeback payments. It is possible to have negative Net Rake at Full Tilt due to the bonus, deposit fee etc deductions they make that can end up making your rakeback being temporarily displayed as negative. Any amount below the minimum $5 transfer fee are however just carried over to the next months rakeback payments, and once your Net Rake and rakeback are positive you start getting paid.

[Mika Ollila]

Each used FTP, whether it be used for tourneys or cashing out for merchandise costs you $.005 or a half a penny per FTP. So, for example, 300 FTP x .005 = $1.50.

I must add that this FTP deduction is made to your Gross Rake, and not rakeback payment.

Example:
Gross Rake $100
FTP Deduction $5

Net Rake $100 - $5 = $95

Rakeback 27% * $95 = $25.65