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So, I have a little over 137K points. I also have rakeback. I have played a few of those 1800 point sngs for $26 tokens with good success. Do those tournies take away from rakeback?
What's the best use of my points? -
Every use of a FTP point counts against Rakeback. It counts $0.005 (1/2 penny) per point against your gross rake accumulated. Assuming you are getting 27% rakeback, each point would count $0.00135 per point. Entering an 1800 fpp sng would count deduct $2.43 against the rakeback you already earned. Still a good use to enter these considering your buy-in would be about $2.43 to win $26 in a 1 out of 3 assuming you are about the same level as other players. When buying things in the FTP store, use the calculations above to see if its worthwhile.
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Also noteworthy is that you can use FTP points to enter FTOP, MiniFTOPs (running next 2 weeks), and the weekly double duece.
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Sell your points. $3.50/1000ftp.
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It's worse than that. The total prizepool is deducted from only those players who have affiliate accounts. If you're the only guy in the SNG with rakeback you have the entire thing deducted from your MGR.
Originally Posted by wackyJaxon
Every use of a FTP point counts against <a href='http://rakeback.pocketfives.com' target='blank'>Rakeback</a>. It counts $0.005 (1/2 penny) per point against your gross rake accumulated. Assuming you are getting 27% rakeback, each point would count $0.00135 per point. Entering an 1800 fpp sng would count deduct $2.43 against the rakeback you already earned. Still a good use to enter these considering your buy-in would be about $2.43 to win $26 in a 1 out of 3 assuming you are about the same level as other players. When buying things in the FTP store, use the calculations above to see if its worthwhile.
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Yeah it does because the only way to sell them (as far as I know) is by purchasing something from the store and having it shipped to whoever is buying them from you. There's a thread on "the other" forum where you can do this.
Originally Posted by Duffy08
does selling points count against <a href='http://rakeback.pocketfives.com' target='blank'>rakeback</a>?
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I think you should just keep playing the token sngs.
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It's like 1.10/1000ftp, somewhere around there, that deducts from your rakeback. Using points on anything other than tokens affects your rakeback anyway tho, so selling them is the best option.
Originally Posted by Duffy08
does selling points count against <a href='http://rakeback.pocketfives.com' target='blank'>rakeback</a>?
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