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Thread: What to do with FTP Points?

  1. #1
    Shoecrew22's Avatar
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    What to do with FTP Points?

    also, i have like 72 FTP points. what should i save/do with these..


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  2. #2
    pulpfunction is offline Tuna
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    I need to look into this. I now get rakeback and using points reduces my rackback. What is the best way to use my points as to not effect my rakeback to much. What do some of you big balling rakeback getting rounders do with your points?

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  4. #4
    Quirmbach is offline Dolphin

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    Quote Originally Posted by pulpfunction View Post
    I need to look into this. I now get rakeback and using points reduces my rackback. What is the best way to use my points as to not effect my rakeback to much. What do some of you big balling rakeback getting rounders do with your points?
    Good question. That sexy avatar will cost like 5k in rakeback, no?

  5. #5
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    Quote Originally Posted by Quirmbach View Post
    Good question. That sexy avatar will cost like 5k in rakeback, no?
    No, never more than $1350 (27% of $5000). And I think you would have to rake $5000 or more the week you buy it for it to even be that much.

    The $5 per 1000 points that is deducted when you buy something in the FT store, is not taken from your rakeback itself, but from your net revenue. The net revenue is all the rake you pay in a week - minus bonuses, FT store deductions etc. And from that you get 27%, which is your rakeback. If your net revenue is zero, you get nothing. If it's below zero, you still get nothing. It's not like you have to pay them or anything!

    And I doubt that they can deduct from future rake (not 100% sure though). If they could, and you decided to buy something for 1 million points in the store, they would have to hold back your rakeback payments until you had raked the full $5000. That seems highly unlikely to me, so my guess is that the most you lose when you buy something BIG in the store is one week's worth of rakeback.

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    Last edited by absinthe father; 08-05-2009 at 10:01 AM.

  6. #6
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  7. #7
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  8. #8
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    Quote Originally Posted by LAPPIN View Post
    rounder bought the avatar a month ago. It will apparently be up n running in a week or so.
    this looks ****en cool now i want one
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