FTP points

[Neandothal_]

Does using ftp points affect rakeback at all? Just heard it did vaguely.

Thanks!

[gamer4life27]

Yes, if you use FTP's (a lot of them), then you generate negative rakeback. In which, you have to generate more rake in order to make up for the losses.

[Boilermaker]

yes its .005 cents per point, so for every 1000 ftp points used it would equal $5 off of you gross rake which would be $1.35 off your rakeback.

Example:

you had $20 gross rake
U earn 27% rakeback from the $20 which equals $5.40
u spend 2000 FTP at .005 cent a point = $-10 gross

20$ gross rake
-10$ used points
----------------------
10$ net rake

x .27% rakeback %
-------------------------
$2.70 rakeback

[tstrachan22]

Will you get neg. rakeback even if you use the points at the FT store say for a book? I assume so but that kinda sucks.

[Mika Ollila]

Will you get neg. rakeback even if you use the points at the FT store say for a book?

Yes. If you spend Full Tilt Points, the points deduction will be applied to your rake and affect your FT rakeback payment.