Lee Watkinson + FT Qualifier + Winner = $18,250,000

[prophet73]

I'm totally guessing, but I've got to think that to be on "Team Full Tilt" you need to own some sort of piece of the company as an investor. I think to be a FTP "Pro" is more like an endorsement/prop player thing for the site.

That's why a player like Carlos (WSOP/WPT Champ) isn't on the Team, but rather just a Pro. He doesn't necessarily own a part of FTP.

This explains why some of the players are on Team Full Tilt because they definitely aren't on the team because of their results.

Just my guess though.

[52s]

The original "Team Full Tilt"ers like Clonie, Phil Gordon, Andy Bloch - yeah, because they invested in.

But since that original group they've added 3 people to "Team Full Tilt" - Matusow after he WSOP final tabled, Cunningham after he WSOP final tabled, and Gus Hansen with a sponsership contract.

Gus I presume (and am very likely completely wrong on) got a piece of the pie having signed a contract straight onto the team, the other two... ?

[Rottersod]

[ QUOTE ]
[ QUOTE ]
FT and other sites making this type of promotion use a insurance company , they don't pay out the entire 10M themselves

[/ QUOTE ]

I don't think you understand what is going on.

[/ QUOTE ]

Adding my 2c: If it was covered by an insurance policy it would be because the payout is only if someone wins the ME. Underwriters could easily calculate the odds of that and base a premium on this.

edit: Looks like FyteOn said this before I did.

[SenatorKevin]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
FT and other sites making this type of promotion use a insurance company , they don't pay out the entire 10M themselves

[/ QUOTE ]

I don't think you understand what is going on.

[/ QUOTE ]

Adding my 2c: If it was covered by an insurance policy it would be because the payout is only if someone wins the ME. Underwriters could easily calculate the odds of that and base a premium on this.

edit: Looks like FyteOn said this before I did.

[/ QUOTE ]

Yup, just like how they have those banners during the All-Star game that say "Hit it here and someone wins a million bucks from 21st century". Most likely, the money is really coming from Llyods of London.

[SenatorKevin]

[ QUOTE ]
The original "Team Full Tilt"ers like Clonie, Phil Gordon, Andy Bloch - yeah, because they invested in.

But since that original group they've added 3 people to "Team Full Tilt" - Matusow after he WSOP final tabled, Cunningham after he WSOP final tabled, and Gus Hansen with a sponsership contract.

Gus I presume (and am very likely completely wrong on) got a piece of the pie having signed a contract straight onto the team, the other two... ?

[/ QUOTE ]

Did Clonie really have a bankroll to "invest" in FTP a few years ago? I'm skeptical of her finances.

[adanthar]

[ QUOTE ]
ad,

"OTOH, Moneymaker/Raymer/Hachem definitely aren't getting a million a year from outside deals"

Are you sure about that?

[/ QUOTE ]

If you don't count their Stars deals? Yeah. I mean, has anyone seen any of their names on anything non-Stars related?

[prophet73]

It's very possible Hansen, Matusow, and Cunningham bought into the company too, especially after significant wins.

Maybe Carlos chose not to?

[JennFox]

his fulltilt page has mistake on it.. they should fix it before he wins the main event - go lee go!

[EMc]

[ QUOTE ]
[ QUOTE ]
ad,

"OTOH, Moneymaker/Raymer/Hachem definitely aren't getting a million a year from outside deals"

Are you sure about that?

[/ QUOTE ]

If you don't count their Stars deals? Yeah. I mean, has anyone seen any of their names on anything non-Stars related?

[/ QUOTE ]

Hachem on the WSOP video game

[beset]

If the deal becomes -EV he can just breach the contract thanks to the civil war. Win/Win for Lee and an insurance claim for FTP. One of FTPs better PR moves