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Official FTP Relaunch Thread (OP updated October 26, 2012) Official FTP Relaunch Thread (OP updated October 26, 2012)

10-17-2012 , 07:14 PM
Quote:
Originally Posted by djle2
PS fanboy here and I think what PS is doing is wrong regarding affiliates.

We work and earned our money to deposit into PS. Affiliates earned the money they got and it was also deposited on PS. PS was required to pay all player balances.

I really don't see how PS can get around to not paying affiliates money if this was escalated. Not even accounting how much an affiliate is able to with draw when he lost or transferred money from his account.

Im sure before PS decided to do this, they checked with the lawyers first but I hope this gets escalated or causes a big enough commotion for this to be righted.

Also pretty good idea to wait before allowing affiliates to get a cut of the pie as when it opens, so many people will already reopen and open new accounts.

Pokerstars never bought Full Tilt as a company. Just there assets, and Non U.S poker player liabilities. If you want to get paid ask the old FT or Howard and Bitar. As I understand it Pokerstrategy is doing just that.
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-17-2012 , 07:17 PM
Guess this is the place to state my displeasure at Stars' handling of FTP's rakeback reward system.

FTP flat 27% rakeback + iron man + black card was really awesome, and to switch to a reward system near identical to Stars has pissed me off quite a bit. I guess they thought the needed to simplify it or something, but that's so ******ed. Average players loved the 27% RB. They could grind loads at micros or whatever and get a weekly payment into their account, which feels like far more of a bonus than grinding points. Big grinders loved the iron man + black card promotions. It was a great way of making customers feel valued, and it really wasn't overly complicated.

Sigh, rant over.
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-17-2012 , 07:17 PM
Quote:
Originally Posted by jschell
A player/affiliate does the following:
- Makes $10,000 playing
- Makes $10,000 from affiliate earnings
- Transfers $10,000 from affiliate account to player account (the only way to withdraw) resulting in $20,000 balance.
- Withdraws $10,000, leaving $10,000 balance.

How much is available for withdrawal?
Shyam, can you address this, please? Obviously people in this situation are going to feel slighted if they end up with nothing.
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-17-2012 , 07:49 PM
Quote:
Originally Posted by EasyMoney92
Guess this is the place to state my displeasure at Stars' handling of FTP's rakeback reward system.

FTP flat 27% rakeback + iron man + black card was really awesome, and to switch to a reward system near identical to Stars has pissed me off quite a bit. I guess they thought the needed to simplify it or something, but that's so ******ed. Average players loved the 27% RB. They could grind loads at micros or whatever and get a weekly payment into their account, which feels like far more of a bonus than grinding points. Big grinders loved the iron man + black card promotions. It was a great way of making customers feel valued, and it really wasn't overly complicated.

Sigh, rant over.
Yeah - FTP´s reward system actually was quite easy to understand tbh. Yet i have to put in a lot of effort to figure out how much i can optimally get with Supernova...
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-17-2012 , 09:28 PM
Quote:
Originally Posted by jschell
A player/affiliate does the following:
- Makes $10,000 playing
- Makes $10,000 from affiliate earnings
- Transfers $10,000 from affiliate account to player account (the only way to withdraw) resulting in $20,000 balance.
- Withdraws $10,000, leaving $10,000 balance.

How much is available for withdrawal?
your balance will be 0 because they will deduct those 10k affiliate earnings
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-17-2012 , 09:36 PM
Quote:
Originally Posted by jschell
A player/affiliate does the following:
- Makes $10,000 playing
- Makes $10,000 from affiliate earnings
- Transfers $10,000 from affiliate account to player account (the only way to withdraw) resulting in $20,000 balance.
- Withdraws $10,000, leaving $10,000 balance.

How much is available for withdrawal?
I think this situation wont be especially common. Since the rakeback transfers were made in the name of the player account I think most (at least the bigger affiliates) refrained from playing on it. At least we were told by our affiliate manager not to.

There will obviously be a lot of instances where there has been play on accounts that were receiving affiliate payments, but they would very rarely have been receiving commissions of this size.
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-17-2012 , 11:59 PM
Hey Shyam, a few members have been chatting in the other thread about this issue. What if I referred a friend through the FTP website, not an affliate, and got the 100$ or so bonus and never cashed that out. What will happen to that 100$? Also, what if after that RAF I won a significant amount of winnings from the table. What would happen to that money?

Another thing I don't understand is why are we going to receive our rakeback if all rakeback came from an affliate? lol
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-18-2012 , 04:27 AM
Quote:
Originally Posted by jschell
A player/affiliate does the following:
- Makes $10,000 playing
- Makes $10,000 from affiliate earnings
- Transfers $10,000 from affiliate account to player account (the only way to withdraw) resulting in $20,000 balance.
- Withdraws $10,000, leaving $10,000 balance.

How much is available for withdrawal?
wow, this thread is apparently troll free at the moment...
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-18-2012 , 04:42 AM
Quote:
Originally Posted by Readyourmind
i read some where its 2,50$/100 fpp?

if your a micro stakes player it should be possible to get 2,50$ a week
the amount of players with reading comprehension problems in this topic is insane.

UP TO $2,5/100FPP

that means that is the max you can get, but you can also get less.
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-18-2012 , 05:19 AM
There's an interesting article on QuadJacks about the paying affiliates email.

Here it is

It talks about this bit of the email:
For those accounts where player funds are commingled with funds derived from affiliate earnings, The Rational Group will only be making the portion of the funds relating to your previous player activity available for withdrawal.
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-18-2012 , 06:57 AM
I don't really care if I get a few % less weekly rakeback at the end. What I hope is that they won't merge the systems together in some way so that you could grind SN/SNE on FT, which would be terrible IMO.

The second thing is that I am afraid of is that FTP 2 won't do anything against the rampant bumhunting. With that I mean all players INSTANTLY sitting out when the fish busts (now even at lower stakes). Pokerstars always ignored these kind of problems (like ratholing shortstackers and dealt rakeback system) until old FTP stepped in and made the first step. The old FTP was always willing to give up rake short term to fix flaws in the system which could be terrible for the ecology longterm and I am afraid that won't be the case under the influence of Pokerstars, because I doubt they will allow FTP to put PS under pressure like they did in the past with the ratholing shortstacker story.

Sure FTP's management was terrible, but it really payed off to have poker players making the decisions from a gameplay point of view. FTP was catering to people who are passionate about poker and PS is catering to people who are passionate about FPP.
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-18-2012 , 10:12 AM
Quote:
Originally Posted by CRAI
I don't really care if I get a few % less weekly rakeback at the end. What I hope is that they won't merge the systems together in some way so that you could grind SN/SNE on FT, which would be terrible IMO.

The second thing is that I am afraid of is that FTP 2 won't do anything against the rampant bumhunting. With that I mean all players INSTANTLY sitting out when the fish busts (now even at lower stakes). Pokerstars always ignored these kind of problems (like ratholing shortstackers and dealt rakeback system) until old FTP stepped in and made the first step. The old FTP was always willing to give up rake short term to fix flaws in the system which could be terrible for the ecology longterm and I am afraid that won't be the case under the influence of Pokerstars, because I doubt they will allow FTP to put PS under pressure like they did in the past with the ratholing shortstacker story.

Sure FTP's management was terrible, but it really payed off to have poker players making the decisions from a gameplay point of view. FTP was catering to people who are passionate about poker and PS is catering to people who are passionate about FPP.
considering how winrates are really declining we should be fighting to keep everything!!!!

The rake is astronomically high, they arent lowering rake they are lowering our rewards. It is disgusting
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-18-2012 , 11:07 AM
Quote:
Originally Posted by wotutalkinabaaat
considering how winrates are really declining we should be fighting to keep everything!!!!

The rake is astronomically high, they arent lowering rake they are lowering our rewards. It is disgusting
Rakeback is one of the reasons winrates are so low now.
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-18-2012 , 11:13 AM
Quote:
Originally Posted by wotutalkinabaaat
considering how winrates are really declining we should be fighting to keep everything!!!!

The rake is astronomically high, they arent lowering rake they are lowering our rewards. It is disgusting
So far what we heard about the promotion is very reasonable and they will probably offer something very similar. I also see value in fish getting rakeback. As someone who plays for a living I am much more concerned about the long term effects like gameplay decisions. If the room turns into something that is like Pokerstars (24 tablers timing out, sitout bumhunting, table blocking, ratholing) my job will get much more boring and I will have to force myself to get my old volume in. A good gameplay expirience is so much more worth than 1-5% rakeback difference (if there will be a difference at all).
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-18-2012 , 11:20 AM
You guys really think the fishes will run back to FTP when it opens?
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-18-2012 , 11:37 AM
Quote:
Originally Posted by FDSaussure
Rakeback is one of the reasons winrates are so low now.
Rake and education are the reason win rates are so low. For players to get out of microstakes they need to be beating games in excess of 10-15bb/100 in most cases more in plo. As the average player becomes more educated this becomes more and more difficult.


Stars and now FTP's system means you have to play more for points to get your %rakeback. Flat rakeback means you can play how ever much you want and get your %.


Quote:
Originally Posted by CRAI
So far what we heard about the promotion is very reasonable and they will probably offer something very similar. I also see value in fish getting rakeback. As someone who plays for a living I am much more concerned about the long term effects like gameplay decisions. If the room turns into something that is like Pokerstars (24 tablers timing out, sitout bumhunting, table blocking, ratholing) my job will get much more boring and I will have to force myself to get my old volume in. A good gameplay expirience is so much more worth than 1-5% rakeback difference (if there will be a difference at all).
what I am about to say is mostly conjecture as we dont know how hard it will be to achieve levels in this new system. But from pokerstars (and the industry in generals recent actions) previous actions I would assume they will gain from this, this will mean regs losing far in excess of what the fish will gain. I therefore dont care if the fish go from getting 1-2% rakeback to 8%.

I agree that gameplay is more valuable and one of the great things about FTP was an absolute max of 16 tables was great.

But VIP clubs are toxic to the environment.
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-18-2012 , 01:03 PM
Quote:
Originally Posted by d0nk3y
You guys really think the fishes will run back to FTP when it opens?
FTP was always a bit tougher than Stars at low and midstakes (debatable I know, but most regs agree on this) and I think it will even tougher in the first months, but hopefully it will get to normal someday.

What I expect are alot more thinking regulars willing to give action instead of just take take take and sitout like on Stars. I am not necessarily seeking the toughest opponents, but I had the most fun at FTP.
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-18-2012 , 01:17 PM
oh... i just found something new to root for... FTP please do NOT increase table cab, or even reduce it...
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-18-2012 , 03:14 PM
Quote:
Originally Posted by FDSaussure
Rakeback is one of the reasons winrates are so low now.
I assume you mean top-heavy VIP systems or selectively allocated rakeback. Rakeback itself doesn't discriminate which would make your statement equivalent to the absurd: "Lower rake is one of the reasons winrates are so low now." That's one of the biggest pities about what Stars is doing to FTP. FTP with their reasonable rewards and relatively easy to hit iron man, not to mention flat 27% rakeback (although that was unfortunately 'discriminatory'), was one of the only sites where a casual player could actually last a while with lower effective rake.

Don't forget the slightly worse than average pre-rake players are the ones most crippled by high rake. A player that loses at -1bb/100 pre-rake (which is going to be quite a bad player) can lose in excess of -20bb/100 at some games and stakes on a site like Stars/FTP due solely to the rake. That's a player who in a rakefree game like a homegame would be able to play 1000 hands on, average, with a certain deposit. With that same deposit in the highly raked online games he lasts, on average, 50 hands. People like to say casual players don't understand the rake, but it doesn't take a genius to see when you're lasting for 50 hands vs hundreds of hands. Of course he probably thinks its due to rigging, cheating or whatever else - of course not those few cents to couple of bucks taken per hand. But it doesn't change the fact he's probably not going to put up with 'it' for too long. Giving that player some rakeback wouldn't really fix the problem but would at least be a small bandage on it.
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-18-2012 , 05:31 PM
One thing i wish they had in ftp was a find team pro feature like pokerstars has
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-18-2012 , 06:06 PM
Has anyone, who had all their money in a pending withdrawal, been contacted by FTP yet to verify their account yet?

Also, Shyam regarding the above, when are we likely to receive contact from you/FTP about our money. Do you have any updates on this yet? We are now less than 3 weeks away from launch and I had hoped to hear something by now.
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-18-2012 , 09:54 PM
It's been 10 days since the last update. Please update now
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-18-2012 , 11:40 PM
Quote:
Originally Posted by CLS63AMG
Has anyone, who had all their money in a pending withdrawal, been contacted by FTP yet to verify their account yet?

Also, Shyam regarding the above, when are we likely to receive contact from you/FTP about our money. Do you have any updates on this yet? We are now less than 3 weeks away from launch and I had hoped to hear something by now.
nope ive not received any mail. And im really eager to know too
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-18-2012 , 11:46 PM
love FTP
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote
10-19-2012 , 03:58 AM
Come on Shayan! VIP Info now! We want it!
Official FTP Relaunch Thread (OP updated October 26, 2012) Quote

      
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