E-mail to FTP re: Iron Man store prices (conversion rates within)

[DMoogle]

I'm pretty dead tired, so I wrote an e-mail to FTP for the hell of it. Also, I want a nice T.V. cheaper.


Hi, I thought that the prices in the Iron Man store were a little wack. I'll explain what I mean.

Most of the items in the store (in fact, all except the "Create Your Own Table") can be put into a calculation to find out which has the best value for the Iron Man medals. Here is a list of each item and the worth of each medal:

$600 bonus (3,000 medals) = $0.20 per medal
$300 bonus (1,600 medals) = $0.1875 per medal
5,000 FTP points (150 medals) = $25 (worked out by figuring each 200 FTP points equals $1, as that's how much is subtracted from the MGR, which affects me because I get rakeback) = $0.1666 per medal
$75 Token (400 medals) = $0.1875 per medal
$26 Token (140 medals) = $0.1857 per medal
$535 Tournament Entry (2,750 medals) = $0.1945 per medal
$216 Tournament Entry (1,100 medals) = $0.1963 per medal
Create Your Own Table = Priceless, obviously

Now, I thought it was a little strange that the $600 bonus is a better deal for the player than all tournament entries. Not only do you get a decent portion of the entry back from juice, but a tournament entry is guaranteed to be used on your site, wheras someone could purchase the $600 bonus and just cashout. Even stranger than that was that the people who choose the 5,000 FTP points get totally ripped off! I figure that you would prefer people to choose the points over the other options because I would think FTP doesn't pay full price for each individual item, i.e. they would pay wholesale prices. I understand that the more medals people spend in one go, the better deal they should get, but that doesn't explain the huge difference between the value of the FTP points and the $26 token!

Actually, the whole reason I'm writing this e-mail (besides for my education and the education of others on the 2+2 forum, which BTW FTPDoug should to write up a new answers thread soon =) ) is because I have my eyes set on the plasma screen T.V.s available in the FTP points store, but at the rate I'm going (I play 2/4 NL, about 800 hands a day on average) it will take a couple of months before I can purchase it. I realized that I could buy FTP points at the Iron Man store, but I'd much rather just take the cash than be ripped off by the conversion rate.

So I ask you, FTP, to please either change your prices in the Iron Man store OR add a bigger FTP points item. I think a good example would be 50,000 FTP points for 1,300 medals (conversion rate would be $0.1923 per medal)

Thanks,
DMoogle

P.S. Please also fix the lag, add GOOD security features, turn on my BOOMswitch, etc.