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Old 09-10-2007, 11:30 PM
MicroBob MicroBob is offline
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Join Date: Sep 2003
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Default Re: The myth of PS rakeback

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also .. while we're still comparing the benefits of the two sites.. shoudln't we also consider the value of the full tilt points for the store? or did we do that already, i'm pretty lost in all these numbers [img]/images/graemlins/smile.gif[/img]

In one month of playing about 55000 hands, i've earned enough points to buy a canon powershot sd1000, which is worth maybe 220 dollars on ebay..

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Absolutely one should consider the value of the FT points
I don't know much about the FT points but I can try.

I do know that FT point purchases ARE deducted from your MGR. So when you purchase that camera with your points they actually take some of it out of your rake-back.
$220 or whatever they consider the value of it would be taken out of your MGR meaning the 27% of that would be deducted from the rakeback you were going to receive. So they are taking almost $60 out of your RB when you use your points to buy that camera if I'm understanding it correctly.

For the camera at 55k for $220 approximately that works out to about 0.4 cents per point.
I thought I had read 0.3 cents per point in a different thread about it but I really can't remember for sure.
After you account for the deduction from your total-MGR and you would have made 27% of that it seems to me it would work out to the 0.3 I had seen previously.

Anyway, because the points aren't that valuable to begin with and they deduct the purchases from your MGR my very rough estimate is that the points MAYBE add another 1% to your RB. So maybe you are truly getting 28% there.

Really not sure but the I doubt the points would be worth much more than that.
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