Hi guys,
First post here. Anyway, I'm considering depositing $50-$100 at FTP. Considering the deposit bonus is only on the first deposit, it doesn't seem mathematically possible for me to get anything out of the deposit bonus. Here's what I mean:
If I deposit $50 and just want $5 (only one 10% increment) and I play $5+$0.50 tournaments, I need $5/0.06 = 83.333 pts, or need 83.333/7 = $11.90 raked from me, which means I must play 11.90/0.5 = 23.8, or 24 $5 + $0.50 tournaments, which is impossible given my first deposit is only $50 [I'm assuming by "first deposit" they don't include winnings I get from tournaments]. A similar arguments holds for any amount deposited in the $50-$100 range.
Though according to my calculations, I can get only one $20 bonus if I deposit $528 or more and play 96 $5+$0.50 in 120 days (5-6 tournaments a week). To get 2 $20 bonuses, I must deposit $1050.50 and play 191 tournaments in 120 days (1.6 tournaments/day = impossible).
gl


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