Fulltilts sign up bonus matching question

jared701 · #1 02-18-2007, 04:24 AM

I can't find this on their site anywhere. I know for a first time user you can get up to 600$ matched on a first deposit. My question is, what if I deposit 600$ but have to remove some of it later before I have recieved my full bonus? Do they kill your bonus if you withdraw some money?

ispiked · #2 02-18-2007, 11:09 PM

The bonus is good for 120 days and is released in $5 increments. See this page for more information.

OziBattler · #3 02-19-2007, 01:31 AM

jared, yeah you can still withdraw/deposit without losing the bonus. Be aware though that like just about everything at tilt, deposits count towards your MGR and thus affects "you know what". Ozi

Elandriel · #4 02-19-2007, 08:39 AM

Yeah, thats true you can just cash out but mine was released in increments of $20.

MarkGreb · #5 02-19-2007, 05:04 PM

It's released in 10% increments depending on your initial deposit.

jared701 · #6 02-19-2007, 09:21 PM

I have no clue what MGR stands for [img]/images/graemlins/confused.gif[/img] I ended up just depositing $200. If I actually get that full bonus it shows I am staying profitable anyways. If not, it shows I definately needed to get out before I hit the 600 bonus [img]/images/graemlins/smile.gif[/img]

rhmd · #7 02-20-2007, 03:24 AM

Mines $20 increments

swingdoc · #8 02-20-2007, 04:19 AM

MGR is monthly gross revenue, it's basically your rake. Aussie is pointing out that your bonuses are subtracted from the amount of money raked from you, so your rakeback is lower.

Daemond · #9 02-21-2007, 09:40 AM

Hi there,

I'm also ignorant here [img]/images/graemlins/blush.gif[/img] - can you tell me: the sum of the bonus is subtracted or the actual sum of the deposit for the bonus?

Thank you.

swingdoc · #10 02-21-2007, 09:54 AM

Hi Daemond.

Sorry this wasn't clear. At FT you get a 100% bonus released in chunks of 10% of total bonus or $20, whichever is lower. So if I deposit $100 then I get them released in chunks of $10, whereas if I deposit $200 or more I get them released in chunks of $20. Your MGR is the total monthly rake that you pay to FT. Any bonuses released during that month are subtracted from your rake.

So, if I earn $40 in bonuses in Feb and have a total monthly rake of $400, then my effective rake becomes $360. 360 is then the number used to calculate rakeback, not 400. So the good news is you're still getting rakeback AND bonus money, however FT isn't letting you totally abuse them by giving you the full value of both.

I know this answers way more than your question, I just wanted it to be clear for any others.