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MainEventMike
Straight
Joined: 10 Sep 2010
Posts: 121
Location: over there --->
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 Posted: Tue Dec 21, 2010 12:35 am Post subject: FTPs Worthless? |
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| I have rakeback and as far as I know the Full Tilt Points(FTPs) have no value to me. If I use them, it affects my rakeback in a negative way. Has anyone with rakeback found a use for FTPs? |
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Paranoid JZ
High Card
Joined: 21 Dec 2010
Posts: 1
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| Posted: Tue Dec 21, 2010 12:43 am Post subject: |
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| I dont even have enough ftps to do anything with. |
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TheDarkElf
Message Board Junkie
Joined: 25 Jul 2005
Posts: 3448
Location: Taking a Dump on Miss Tea Party Tardy's Castle
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| Posted: Tue Dec 21, 2010 12:45 am Post subject: Re: FTPs Worthless? |
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| MainEventMike wrote: |
| I have rakeback and as far as I know the Full Tilt Points(FTPs) have no value to me. If I use them, it affects my rakeback in a negative way. Has anyone with rakeback found a use for FTPs? |
FTPs are worth up to 1/2 cent per point depending on how you spend them. Lets say you spend 2000 of them for something which is worth $10 to you.
Your rakeback hit is 27% of $10 = $2.70.
So you are getting something worth $10, and only paying $2.70. |
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MainEventMike
Straight
Joined: 10 Sep 2010
Posts: 121
Location: over there --->
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| Posted: Tue Dec 21, 2010 1:04 am Post subject: Re: FTPs Worthless? |
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| TheDarkElf wrote: |
| MainEventMike wrote: |
| I have rakeback and as far as I know the Full Tilt Points(FTPs) have no value to me. If I use them, it affects my rakeback in a negative way. Has anyone with rakeback found a use for FTPs? |
FTPs are worth up to 1/2 cent per point depending on how you spend them. Lets say you spend 2000 of them for something which is worth $10 to you.
Your rakeback hit is 27% of $10 = $2.70.
So you are getting something worth $10, and only paying $2.70. |
Cool. Simple explanation and easy to understand. Thanks. |
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NoTilt
Message Board Junkie
Joined: 16 Apr 2009
Posts: 3624
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| Posted: Tue Dec 21, 2010 1:10 am Post subject: |
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TDE's got it spot on.
When you have rakeback, points are worth less...but they're not worthless. They're worth 73% of what they would have been worth. But you make up WAY more than that in rake.
It's also same for all the cash bonuses that you accept and/or buy from the black card, Iron Man, or Academy Store, if they're tracked in the cashier. A $100 bonus that clears in ten $10 chunks will give you ten $2.70 rakeback hits, for a total of $27. You still come out "ahead" $73 - but it's generally better to buy tourney tix. |
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PJs Ronin
Sgt @ Arms
Joined: 27 May 2008
Posts: 3801
Location: I tried being reasonable... I didn't like it.
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| Posted: Tue Dec 21, 2010 2:17 am Post subject: |
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I'd go with worthless.
Unless you're racking up mega points (and therefore have a mega BR) you'll end up with little more than a nifty FTP ball cap. GOD how I want one of those... I mean they are so trendy and make me look so professional and all.
I can't even find a decent tourny buy in methodology to make the points worth a hoot. |
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nolan6
Banned
Joined: 12 May 2009
Posts: 3466
Location: Doing the sprinkler dance
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| Posted: Tue Dec 21, 2010 7:24 am Post subject: |
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I got 107,000 and am not yet a black card member  |
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pinkdreammss
Full House
Joined: 04 Nov 2010
Posts: 185
Location: Malaysia , Bandar Sunway
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| Posted: Tue Dec 21, 2010 7:54 am Post subject: |
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| nolan6 wrote: |
| I got 107,000 and am not yet a black card member |
on what stacks n how long did it take to reach 100k? |
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VENIVIDIVICI XX
Taking a Timeout
Joined: 11 Jul 2009
Posts: 1513
Location: where are we anyway?
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| Posted: Tue Dec 21, 2010 9:11 am Post subject: |
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| What to do with 40K points? |
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nolan6
Banned
Joined: 12 May 2009
Posts: 3466
Location: Doing the sprinkler dance
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| Posted: Tue Dec 21, 2010 9:14 am Post subject: |
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| pinkdreammss wrote: |
| nolan6 wrote: |
| I got 107,000 and am not yet a black card member |
on what stacks n how long did it take to reach 100k? |
25nl-100nl and about 6-7months i think, although im not sure - i stopped playing on ftp and cant remember how many i had when i came back. |
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MattJC01
Message Board Junkie
Joined: 30 Jan 2010
Posts: 1077
Location: Missouri, USA
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| Posted: Tue Dec 21, 2010 9:27 am Post subject: |
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| PJs Ronin wrote: |
I'd go with worthless.
Unless you're racking up mega points (and therefore have a mega BR) you'll end up with little more than a nifty FTP ball cap. GOD how I want one of those... I mean they are so trendy and make me look so professional and all.
I can't even find a decent tourny buy in methodology to make the points worth a hoot. |
For what it's worth, I spent 18K FTP's and 8K Academy Credits to buy in to 7 of the MiniFTOPS XVIII events, and got $155 in cashes out of them. Certainly not impressive by any means, but definitely better than letting all those points sit there and gather dust. As a fellow forumer aptly said, "money now is better than money later." |
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jmcl101
G5 playa
Joined: 18 Jul 2008
Posts: 2490
Location: right hurrrr
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| Posted: Tue Dec 21, 2010 10:00 am Post subject: |
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LOL I dont even know/care about the thread and its contents, all i can do is LOL @ nolans sig 
ROFL |
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nolan6
Banned
Joined: 12 May 2009
Posts: 3466
Location: Doing the sprinkler dance
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| Posted: Tue Dec 21, 2010 11:23 am Post subject: |
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| westlife <3 |
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jeppg1111
Full House
Joined: 28 Jun 2006
Posts: 226
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| Posted: Tue Dec 21, 2010 5:58 pm Post subject: |
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| save them until doomsday at FTP. the day u will never play again. trade them all in for whatever u want in the store, dont take a rakeback hit, deposit at Stars |
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The Kataklysm
Message Board Junkie
Joined: 26 Sep 2009
Posts: 5086
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| Posted: Tue Dec 21, 2010 6:05 pm Post subject: |
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clearly the nuts |
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