Info for buying from FT store

    • fashionist
      fashionist
      Bronze
      Joined: 22.04.2010 Posts: 5
      Hey ,

      can someone explain to me if i buy the samsung monitor in the shop for 81.000 points how much will i pay for it ? How much is a single point worth in $ ?

      Also what excatly does it happens regarding the rake if i buy it ?
      Do i spend my already accumulated points plus i get a deduction from weekly rake?

      Thank you!
  • 4 replies
    • AleksKMA
      AleksKMA
      Bronze
      Joined: 31.12.2009 Posts: 55
      Here you go...

      Spending Full Tilt Points (FTP’s)

      Every 200 Full Tilt points spent incurs a $1 deduction (or $0.005 per point) from our MGR. If we purchased an item from the store for 7000FTP’s, the deduction from our MGR would be:

      7000 / 200 = 35

      This should not be confused with rakeback, which is the direct cost to us, the consumer. To work out how much rakeback we would lose on this purchase we need to multiply this value by 27% (in this case the actual amount of rakeback you would lose is $9.45).
    • fashionist
      fashionist
      Bronze
      Joined: 22.04.2010 Posts: 5
      Thank you aleks,

      just to make sure i understand - I would pay 81000/200 = 405 $ + I would get 109.35 $ less rake at the end of that week .

      So basicly i will pay little over 500$ for the monitor ? Seems a bit much considering you can get it for around 250 EUR ~ 350$.
    • Bigniux
      Bigniux
      Bronze
      Joined: 09.01.2009 Posts: 2,098
      • 04.10.2010, 23:19
      • This post has been edited 1 time(s), it was last edited by Bigniux: 04.10.2010 23:21.
      you won't pay over 500$ for it :)

      Deduction from your rake will be 405$, so you will lose 405$*27%=109,35$ of your rakeback, in other words, monitor will cost you 109,35$ ;)

      EDIT: looks like i misunderstood things a bit, if you count points as money (which i never done), then yes, you pay over 500$ for monitor
    • HannesZ
      HannesZ
      Headadmin
      Headadmin
      Joined: 30.06.2010 Posts: 16,315
      Thanks for the explanations.

      As already written 1 Full Tilt Point is $0.005. So the monitor would cost $405. Sure in other shops the monitor is definitely cheaper.

      However in real at Full Tilt Poker you just pay 405 * 0,27 = 109,35$ as Bigniux already wrote. This will be the amount which you will get less rakeback.

      So to sum it up:
      FTP shop is quite expensive.
      Just 27% of the amount will be deducted from rakeback, so it is still cheaper compared to the real price.

      Best regards,
      Hannes