Comparison of the Old and New Full Tilt VIP Systems
Among the changes to Full Tilt Poker ahead of the November 6 relaunch is a reworking of their VIP and player rewards system. The following is an analysis based on the information that has been made available so far.
As PokerStrategy.com members will be retroactively de-tracked by Full Tilt, players will no longer be able to receive affiliated-based rakeback. Instead, players will be part of a central loyalty scheme once Full Tilt relaunches on November 6.
Based on the information that Full Tilt has publically shared on twoplustwo.com, we have created an analysis for you. We will keep this analysis up to date if more information emerges.
| Analysis of Old and New Full Tilt Poker VIP Systems | |
| Old VIP System | New VIP System at Relaunch |
| 27% flat rakeback (based on net rake) | Rewards up to 35% maximum |
| Full Tilt Points (FTP) Store | Full Tilt Points (FTP) Store |
| Iron Man Status | No Iron Man Status |
| Black Card | No Black Card |
Please note that this analysis is based upon information provided by Full Tilt Poker (see below) available as of October 26, 2012. PokerStrategy.com cannot accept liability for the accuracy of these figures after this date.
Old vs. new systems: total rakeback
Adding the numbers up, and factoring in any deductions from the old 27% rakeback payments, one can see that players on the old system recieved between 27% (rakeback only, no FTPs spent/other promotions) up to around 64% (rakeback, FTPs, Iron Man, Black Card) in their first year.
It can be assumed that the rakeback value of the new system is between 5% and 35%, due to the lower tiers of weekly payments and the absence of Iron Man status and no Black Card upon relaunch. The maximum figure of 35% can be attained by up to 25% in weekly payments, 5% maximum rewards from the FTP Store, and an additional 5% of benefits from happy hours.
27% rakeback vs. weekly payments
Old system of 27% affiliate-paid rakeback: PokerStrategists received 27% weekly rakeback on their net rake. All bonuses and the worth of FTP points spent were deducted from the gross rake.
As a rule of thumb, the net rake worked out to be ~80% of the players' gross rake after deductions. This rakeback came from affiliates.
New system of weekly payments: The top payout in the new system will be $2.50 for 100 FTPs, which is equivalent to 25% rakeback. Players with a lower volume can assume that their weekly payments are worth significantly less. The required volume to reach the top payout level is still undisclosed.
Full Tilt Points (FTP) store
Old system: Players earned Full Tilt Points (FTPs) for every dollar paid in ring game rake or tournament entry fees. While tournament players earned 10 FTPs per $1, the amount of FTPs earned in ring games was dependant on how many players were dealt into the hand.
New system: Ring game players now earn FTPs on the Weighted Contributed method, meaning that the amount of FTPs earned depends on how much you contributed to the pot.
The FTPs can still be spent in the store and Full Tilt Poker have said that the value of these FTPs is now up to 5% rakeback, depending on how they are spent. The key difference is that these points no longer lead to deductions from the weekly payments.
Source: TwoPlusTwo
Iron Man status
Old system: Players on Full Tilt Poker could also get additional rewards for hitting FTP targets each day (from 50 to 500 daily FTPs) on consecutive days. Players earned Iron Manmedals or entry to VIP freerolls depending on their status and loyalty.
Players that earned Iron Man status were also eligible for half-yearly and yearly bonuses, depending on their status and consistency. Bonus medals were awarded if a player made more than 1000 FTPs on a single day.
If players used this promotion in an optimal way (i.e. by only reaching the exact minimum requirements every month), the overall value was up to 37% additional rakeback in the first year.
New system: The Iron Man system is no longer in place.
Full Tilt Black Card
Old system: Players that made at least 500 FTPs per day through a rolling average of 100 days received bonus FTPs and were eligible to buy bonuses ranging from $50 to $5,000 from the FTP store.
The FTPs spent on the bonuses were worth between 7.6% and 14.3% additional rakeback.
New system: The Black Card system is no longer in place.
A promotion called Black Card will return, though according to Full Tilt Poker Poker Room Manager Shyam Markus it "will be entirely different. Nobody should be counting on that promotion as something that will increase their total giveback."
Full Tilt Poker relaunch promotions
In addition to the above information, Full Tilt Poker have also planned a series of promotions for the November 6 relaunch called "Deal Me In":
• $250,000 in freerolls from Nov 6 - Nov 11
• "Large cash bonuses" for new and existing players ($200+ and 'ring game tickets')
• Happy Hours running 24/7
• Added value in satellites to FTOPs tournaments
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