Full Tilt Points - MGR Effect

[willwonka]

I know I have seen this somewhere; but can't find it.

What is the effect on Rakeback for cashing in FUll Tilt Points. Isn't it like 1/2 cent per point? Anybody know the complete formula that Full Tilt uses.

I know of some things that get deducted such as:

Bonus
Guaranteed Tourneys that don't reach the guarantee
Points in the Points Store

Anything else?

Does anybody know the complete formula?

Thanks.

[willwonka]

I did get a response back from FTP regarding the points part.

$1 per every 200 points, multiplied by your percentage of rakeback.

[RakeTheRake]

Full Tilt deduct for a number of things from a player's rake before they calculate rakeback.

1) Bonus
2) Deposit transaction fees (you should not withdraw and re-deposit unnecessarily)
3) Items bought in the FT store
4) Any tournaments you enter where there is a guaranteed prize and there is a shortfall in players.

The one you are missing is deposit charges

The deposit charges depend on your method of deposit ranging from about 3% upwards
(Player transfers are free)

kind regards

RakeTheRake