I am considering buying a cash bonus on full tilt.

I understand that while im clearing the bonus i will be getting 27% less of it than usual due to the fact I have rakeback. The bonus clears at $0.04/full tilt point earned usually so i guess its basically clearing at $0.03/point for me - can anyone tell me what this equates to in effective rakeback?

Clearing the bonus at a $0.04 rate is the equivalent of 56% rakeback when combined with rakeback so the additional benefit from the bonus is 29% once deductions have been made.

Note that due to bonuses be cleared by the dealt method and rakeback from the contributed method, numbers may vary a bit depending on style of play.

Regards,
Craig

I have a very related question and chose not to make a new thread. I'm kind of confused by all these matters anyway. I have around ~500,000 FT points right now and would like to cash most of them out through a black card bonus. My options are
- $2,000 bonus
- $1,000 bonus now and $1,000 later (this wastes about $80 assuming my rake back is unaffected)
- $0 now, cash out when I leave the site (hopefully in a few months)

So my question is as follows: will a cashout now affect future rakeback earnings? I know rakeback is 27% but I haven't bothered to calculate if I've been getting exactly that, and OP and others are leading me to believe that having a lot of FT points gives you more rakeback. Am I interpreting them correctly?

Or is it that the advertised $2K cash bonus is actually less money? Or neither?

Thank you.

Also, what is meant by 'clearing the bonus'?

The bonus is not immediate, so you can't "cash out" when you are leaving the site. You purchase the bonus, then receive it in increments while you earn points by playing.

A cashout and using your points will affect future rakeback earnings because both are deducted from your MGR. It's still recommended you use the points because FTPs/bonuses+rakeback >>> rakeback. In the case of the $2k bonus, because it's deducted from MGR, the bonus is worth around 73% of its value.

Regards,
Craig

i understand the bonus is unlocked at a rate of $0.04/point earnt. is that base points, or do multipliers mean i unlock the bonus quicker?

It's all base points. Happy hour, black card status, durrr challenge multipliers, etc do nothing for clearing bonuses.

So if someone gets the 2k bonus and has rake back the bonus will only be worth ~$1460, and while clearing the bonus you effectively will not be getting any rake back payments?

Correct, but you can remove the ~, as it's worth exactly $1,460.

FYP.

^^^^
So you still get rake back but not as much? Do you know what % less you get or is it situation dependent.

You may or may not get rakeback payments while clearing a bonus...Bonuses clear via the dealt method -vs- rakeback is calculates via the weight contribution...If you are tight enough it's possible for your cleared bonus to eat up all your MGR or large percentage of it..

It would be less by 27% of whatever bonus you cleared in a given week.

You can look at it 1 of 2 ways. 1.) You get a $2000 bonus and do not get $540 in rakeback. 2.) You get a $1460 bonus and you still get exactly the same rakeback as always.

Your post sounds like you took the worst of both options and combined them. That's simply not the case. The bonus is always good. You're going to make more than you would with just rakeback.

I noticed a Sony Vaio is available for a few more points than I currently own. Unlike the $2,000 bonus, no mention is made in the item description of a rate of clearance. Does this mean that purchasing this item will not affect my rakeback? Am I allowed to resell it on Craigslist or Ebay?

Thank you again.

Wait, what? Clearance has nothing to do with deductions - as it says in the sticky, items you purchase in the store are deducted from your rake at a rate of $4/1K FTPs. And just like anything else you own, you can do whatever you like with your Vaio.

You don't have to "clear" a store purchase. They just send it to you (after they jerk around for a few weeks). However, it will still hit your MGR. I don't remember the rate off hand but it should be posted by your rakeback affiliate.

The rate was posted above by Bobo -- $4 for every 1k points (or $0.004 per FTP). Once you purchase the item and receive it, you can do whatever you want with it.

Regards,
Craig