50 bones beyond leet. Not bad.

Ok so fulltilt charges you for points used against your rakeback $0.005 per point so I have 40000 points and I could get a IPOD nano.

Now the catch they will charge me $200 against my rakeback.
I can buy one now for $149

Thats messed up

I think I should just sell my points:confused:

If you are selling them, I'll take them from you.

I just need to decide if I should point out the error in your logic now or later. :D

Hint: I see no mention of 27% in your math. :thumbsup:

ok the error is?

If figure I must be missing something...

You don't get 100% of your rake back. You get 27% of your rake back.

$200 * 27% = $54 off of your RB.

I see :thumbsup

still kind of a rip.

but better than the stars 0% rakeback ( now theres a deal):talktothehand

Does it have to be a new account?

Yes, and under me. I can't pay you unless Full Tilt is paying me for your play.

I can sell 7000 ftps

That's nice, but please do so in a new thread, and not this one that is about getting rakeback at Full Tilt.

Understanding Rakeback
 

Since going on FT, that is the only place I am playing cash games. It I look at what PT says I have put into rake, is 27% of that a good estimation of the rakeback I get?

If not, is there a good way to estimate this or find out specifically?

That's probably not a very good estimate, no - at least based on how I recall PT calculating rake in the past. I think going to the Game Notes tab and taking the Rake divided by the APH (Average Players per Hand) will give you a better estimate of the TOTAL rake you generated, but that is before all the deductions are made, of course. The forumla is posted in this thread a few times, I believe, but unless you know exactly what all the variables are, you won't be able to figure it out.

I can give you an exact breakdown after the monthly payments, or a semi-decent estimate at any other time.

Okay. I was just trying to estimate given that I am playing 25 max and nowhere near the hand samples that some of you guys post each month.

August = Shipped.

not me?

nvm i got it it just took awhile.

Weird. I got your confirmation at 6:12:

Date and Time: 2007-09-10 18:12:01

Yeah! Free money! Glad to be on the team!

September's RB payments:

Shippidydodah....

Yeah I finally am making rakeback(out of the negative), lol
Thx

October's RB payments have been completed (minus one - PM has been sent).

November's payments have been shipped. As always, PM me with any questions.

When does one "month" start and end? is it the usual 1st-30/31st but it takes a week for them to send you the monies? and thus you deliver on the 7th/9th/whatever.

Months always start on the 1st and end on either the 31st, 30th, occasionally the 28th, and very rarely the 29th. Please consult a calendar for details. :rolleyes:

And yeah, it takes them about a week to pay me and get me the detailed rake reports - this adds at least 1-2 days EVERY month, since they have yet to actually send me the reports as an attachment on the email that says "Here is the report, blah blah blah." EVERY single month, I have to respond to the email, tell them there is no attachment, and have them resend it to me.... WITH the attachment. *sigh*

Once I have the reports, I pay you guys within 24 hours.

I am new to this forum today and I was wondering if you can sign up for Rakeback with an existing account. If not,are you allowed to have more then one account on a site?


Never mind answered my own question ill make a new account