LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLO LOLOLOLOL

Oh, wait, you're serious?

LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL

Ok I'm very interested in this. Any idea when more info will be realeased?

Tapirboy, am i misreading your post or is there actually a way to directly convert FTP's into cash?
I read a while back that FTP had no plans at all to allow that.

sweet, this looks like it is right in my ballpark. I would think that this is gonna be a bigger booster for 25nl-50nl than any other players.

Let's try some more math:

900 medals per month if you're maxed out and get Iron, 900/3000*600=$180 in medal bonus value, plus $100 in mid/end of year bonus value, for $280 per 5000 FTP ($5000 in rake), meaning 5.6% at best added rakeback if you stopped at 200. If you went to black card status, 15000 FTP per month means it drops to 1.87% added rakeback.

EDIT: Also freeroll value is a bit hard to quantify; alternatively, 100 additional medals add $20 in bonus value, making the black card threshold approximately 2% in added rakeback. (And the Iron threshold 6% added rakeback.)

Further EDIT: If you have rakeback, the medal value is reduced; so $180*.73=$131.40+100=$231.40. Iron threshold 4.6% rakeback, Black Card threshold 1.54% rakeback. With bonus medals it comes out to 4.92% or 1.64% respecively.

it's for academy tasks like the Mike M task of limping in late position to look like a ******.

edit: just to be clear -- bonii purchased with academy points which you receive for playing sub-optimally and juicing the games

2nd edit: it's open limping too if that wasn't apparent

Is the card going to be like credit card size? The picture makes it look like an index card, which is way less balla.

So it looks like 200k VPPs is still going to be better than FTP. (Unless the bonus rates are considerably better.) I think Supernova + Iron man minimums should still be better than BC minimums as well.

Well I guess I can't be mad for FTP wanting to juice up the games but wow that's ******ed.

This is, of course, assuming they continue the Iron Man program...

.

I should be in black card status on day 1. I did an average of my last 100 days, and it came to ~ 973 points.

Doug has mentioned many times they will continue using Iron Man.

I should get it on day 1 also.

Rly hoping they have some massive bonus for 1,000,000 FTP's. Huge motivation booster for me at least.

Yeah, that would be a big booster for me too. I have like 470kpoints, so I would be halfway there!

Only like 150k atm but if they make some ridic like ~$6/7/8k bonus for 1,000,000 FTP's best believe I'm gonna be 8tabling 100 and 200 rush 8 hours a day while not missing a single minute of happy hour lol.




EDIT:
Ugh, don't konw why I'm getitng so ahead of myself. That kind of bonus would be awesome, and if history tells us anything, it's that we shouldn't be expecting FTP to deliver.

gimme my african american express

so the physical card itself is just a gimmick with no real use? the idea is pretty cool, but i have a feeling it's gonna be a letdown

Here's my attempt at compensating for rakeback/ironman. I worked out the figures in terms of the MGR that you eventually pay the site.

==========================================

Here are the calculations in terms of MGR.

6-max: 1 point per $0.17 MGR. That is (6players/6points) * ($1MGR/6players)
9-max: 1 point per $0.11 MGR. That is (9players/9points) * ($1MGR/9players)

Compare to Stars where it is:

6-max: 1 point per $0.18 MGR. That is (6players/5.5points) * ($1MGR/6players)
9-max: 1 point per $0.17 MGR. That is (9players/6points) * ($1MGR/9players)

==========================================

So year long black card requires 500*365 = 182500 points

This translates to an annual NON RAKEBACK COMPENSATED MGR of:

6-max = 182500 * .17 = $31025
9-max = 182500 * .11 = $20075

But Full Tilt also has 27% rakeback for free. So the logical method for comparison is to drop 27% off the required MGR since that is money you receive back. This gives a result of:

Full Tilt rakeback compensated black card requirements:

6-max = 182500 * .17 - .27 * (182500 * .17) = $22648.25
9-max = 182500 * .11 - .27 * (182500 * .11) = $14654.27

But then you also have iron man. This is much more difficult to calculate since it depends on how long you've had it for. I'll just do this for myself. I'm in the 30s which means I'll hit the max bracket during the next 12 months.

500 points per day gives a bonus of 2 iron man medals per day. Max bracket gives 900 iron man medals per month. And then there's 100 bonus medals per month or the freeroll. For simplicity I'll consider the bonus medals. So that's a total of 900*12 + 365*2 + 100*12 = 12,730 medals for a total of 12,730/3,000*600 = $2546 in bonuses. But these bonuses are taken from rakeback so the actual figure is 2,546*(1-.27) = 1858.58. Then there is $1000 in midyear/yearend iron man bonuses which are not taken from rakeback. For a total of $2858.58 from Iron Man.


==========================================

This gives a final tally of:

Full Tilt rakeback and ironman compensated black card requirements:

6-max = 182500 * .17 - .27 * (182500 * .17) - 2858.58 = $19,789.67
9-max = 182500 * .11 - .27 * (182500 * .11) - 2858.58 = $11,796.17

Poker Stars Supernova MGR requirements:

6-max = 100000 * .18 = $18000
9-max = 100000 * .17 = $17000

So a bit tougher than supernova at 6-max, much easier than supernova for 9-max.

Of course what matters now is the rewards you can purchase with your points. I'm really curious about this as I'm sitting on about half a million points as I'm sure many others are as well.

Actually it would probably be more clear to state it as:

Stars Supernova:

6-max: you pay $18,000 in MGR
9-max: you pay $17,000 in MGR

Full Tilt Black Card:

6-max: you pay $31,025 in MGR and receive $11,235.33 back in rakeback and other non blackcard benefits.

9-max: you pay $20,075 in MGR and receive $8,278.83 back in rakeback and other non blackcard benefits.

or wait actually i guess the live donkament players might need to swipe/show their black card to get access to the special FTP suites or whatever. but it doesnt appear to have much actual use for the rest of us

Actually can somebody double check my numbers? If I didn't make a mistake that means you by default get 41.2% rakeback at full ring on FTP for 500 points per day, and 36.2% for 6-max. And that's BEFORE accounting for any FTP points/black card bonuses. That would make bare bones FTP before points better than super nova.

cant wait to check all the goodies on Sept 30th

looks interesting

why are ppl making calcs without any idea what it is. This is ftp, its prob like 500 extra dollars a year lol

I did the calculations since I was curious how valuable the rewards would need to be to compare to supernova. Much to my surprise bare bones FTP already appears to be worth more than supernova. Although it somehow feels like this shouldn't be right but I can't find a flaw in my numbers. And one thing FTP does do well is their promotions. 2 $600 iron man bonuses per year, $300 for playing a week of rush poker, etc.