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mcatdog
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01-07-2006, 03:20 AM
Post subject: Using PokerStars FPP as "rakeback"
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#1 (permalink)
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4-of-a-Kind
Join Date: Oct 2005
Location: St. Louis
Posts: 3,654
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I have been playing lots of $25+2 Turbo SNG's on PokerStars lately and I will definitely accumulate enough frequent player points (FPP) by the end of the month to become a SilverStar VIP. Once I become a SilverStar, each SNG is worth 15 FPP. You can redeem 13500 FPP for a ticket to the Sunday $200+15 which works out to 12 percent rakeback on each SNG, if you are a SilverStar.
Is there a more cost-effective use of FPP? I don't really want to play in the Sunday $200+15. I'd rather just take 215 T$ but I don't think PokerStars lets you do that.
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outphase
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Full House
Join Date: Apr 2005
Posts: 949
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I'm pretty sure you can take the T$215 and sell it to cashmanbrian.com if you need cash or you can play more sngs
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Quote:
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Originally Posted by lambchopdc
Lets stop talking ABC poker and move on to D, E, and F.
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edudlive
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Full House
Join Date: Jul 2005
Location: 100NL 6max
Posts: 623
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Just unregister from the Sunday, and you'll be credited with $215 T$
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(16:02:25) Fleece: u think ur liked now?
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mcatdog
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4-of-a-Kind
Join Date: Oct 2005
Location: St. Louis
Posts: 3,654
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http://www.pokerstars.com/FPPStore/500Ktourney.html
"Note: tickets are non-transferable, non-exchangeable and non-refundable."
PokerStars explicitly set up the FPP rewards program as an alternative to cash rakeback. I'm pretty sure I'm not allowed to exchange the ticket for 215 T$ the way I would be allowed to do so if I won a satellite. If I want actual cash (which I do), my best bet would be to buy one of the Dell $2000 gift cards and sell it on eBay, or maybe do the same with a bunch of iPod Nanos. I think this is what I will do because I really don't think I'm ready to play in the Sunday $215.
The problem is I doubt I could get 100% value for these items on eBay.
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bigspenda73
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Straight Flush
Join Date: Jul 2006
Location: Pwnsylvania
Posts: 7,545
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Bump cuz I want to know what you found out about this. Just want to know if you can make the entry into real T$ on the site. Also, does that money then have to be spent on tournaments?
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Harry
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Full House
Join Date: May 2006
Location: Philly
Posts: 722
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http://www.pokerstars.com/fpp/store/...l/vip-bonus-3/
?
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PSU Class of 2011 weeeeeeee!
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Renton
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Straight Flush
Join Date: Jan 2006
Location: Atlanta, GA, USA
Posts: 5,991
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um if you play any hands at all u should become platinumstar in no time at all
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johnny_fish
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4-of-a-Kind
Join Date: Sep 2005
Location: donkaments weeeeeeeeeeee
Posts: 2,186
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Take the cash bonusses, it's about equivalent to 19% rakeback for Platinum, 26% Supernova.
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Renton
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Straight Flush
Join Date: Jan 2006
Location: Atlanta, GA, USA
Posts: 5,991
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Quote:
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Originally Posted by johnny_fish
Take the cash bonusses, it's about equivalent to 19% rakeback for Platinum, 26% Supernova. |
no way, really?
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mcatdog
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4-of-a-Kind
Join Date: Oct 2005
Location: St. Louis
Posts: 3,654
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Yes, 19% for platinum and 26% for supernova sounds about right. LOL at me back in January playing Donk N Gos and being excited about reaching SilverStar.
If you actually want the merchandise or the gift certificates, they're a much better value for your fpp's than than the cash bonuses are, probably because PokerStars gets good deals for buying the merchandise in bulk. At some point you run out of things to get from the store though. I already bought the LCD television and the digital camera. After I get the DVD player and the monitor there's not much else worth spending the points on, other than the cash bonuses.
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Jimmy Mac
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Full House
Join Date: May 2005
Location: Drinking your milkshake.
Posts: 950
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You could use the FPPs to enter in satellite SnGs to the sunday mill, win a ticket and unregister. Then you could turn the T$ into real $ by playing SnG's.
Bit longwinded though.
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swiggidy
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4-of-a-Kind
Join Date: Sep 2005
Location: Waiting in the shadows ...
Posts: 3,777
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Quote:
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Originally Posted by Jimmy Mac
You could use the FPPs to enter in satellite SnGs to the sunday mill, win a ticket and unregister.
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I'm pretty sure you can't do this
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(\__/)
(='.'=)
(")_(")
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Pelion
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4-of-a-Kind
Join Date: Sep 2005
Posts: 3,206
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I thought you could buy cash for FPPs from the VIP FPP store
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gabe: Ive dropped almost 100k in the past 35 days.
bigspenda73: But how much did you win?
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swiggidy
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4-of-a-Kind
Join Date: Sep 2005
Location: Waiting in the shadows ...
Posts: 3,777
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Quote:
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Originally Posted by Pelion
I thought you could buy cash for FPPs from the VIP FPP store
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Yes, but the $285 GoldStar bonus is 25k FPP.
The $215 tourney ticket is 13.5k FPP.
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(\__/)
(='.'=)
(")_(")
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givememyleg
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WHO YA GONNA CALL?!??
Administrator
Join Date: Nov 2005
Location: ISHPERMING MISHIGEN
Posts: 5,040
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Quote:
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Originally Posted by swiggidy
Quote:
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Originally Posted by Jimmy Mac
You could use the FPPs to enter in satellite SnGs to the sunday mill, win a ticket and unregister.
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I'm pretty sure you can't do this |
You can.
Only problem with it though is you're spending tons of FPP to try and sate into it and you may never make it. It's 1500 for a 9 person sng/winner take all. So basically you're not just trading for "rakeback" you need to win the sng.
You can read more about Poker-Stars FPP's here and more about how this can work as a Poker-Stars Rake-back.
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givememyleg
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WHO YA GONNA CALL?!??
Administrator
Join Date: Nov 2005
Location: ISHPERMING MISHIGEN
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Quote:
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Originally Posted by johnny_fish
Take the cash bonusses, it's about equivalent to 19% rakeback for Platinum, 26% Supernova. |
How is this figured out? It's really as high as 26%?
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"The Dragon in My Garage" by Carl Sagan
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swiggidy
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4-of-a-Kind
Join Date: Sep 2005
Location: Waiting in the shadows ...
Posts: 3,777
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Quote:
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Originally Posted by givememyleg
Quote:
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Originally Posted by swiggidy
Quote:
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Originally Posted by Jimmy Mac
You could use the FPPs to enter in satellite SnGs to the sunday mill, win a ticket and unregister.
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I'm pretty sure you can't do this |
You can.
Only problem with it though is you're spending tons of FPP to try and sate into it and you may never make it. It's 1500 for a 9 person sng/winner take all. So basically you're not just trading for "rakeback" you need to win the sng. |
I meant buy a ticket for 13k points, then un-register for $T. Cuz you can buy straight in with FPP.
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(\__/)
(='.'=)
(")_(")
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givememyleg
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WHO YA GONNA CALL?!??
Administrator
Join Date: Nov 2005
Location: ISHPERMING MISHIGEN
Posts: 5,040
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Quote:
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Originally Posted by swiggidy
Quote:
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Originally Posted by givememyleg
Quote:
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Originally Posted by swiggidy
Quote:
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Originally Posted by Jimmy Mac
You could use the FPPs to enter in satellite SnGs to the sunday mill, win a ticket and unregister.
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I'm pretty sure you can't do this |
You can.
Only problem with it though is you're spending tons of FPP to try and sate into it and you may never make it. It's 1500 for a 9 person sng/winner take all. So basically you're not just trading for "rakeback" you need to win the sng. |
I meant buy a ticket for 13k points, then un-register for $T. Cuz you can buy straight in with FPP. |
Then you need to learn how to read!!!
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Get your own badge! Click profile at the top and FTR Badge from the left nav.
"The Dragon in My Garage" by Carl Sagan
I say onto you, I've felt the dragon! I felt the touch of his tail, the breath of his fire, and I know without a shadow of a doubt that the dragon exists!
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swiggidy
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4-of-a-Kind
Join Date: Sep 2005
Location: Waiting in the shadows ...
Posts: 3,777
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Quote:
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Originally Posted by givememyleg
Then you need to learn how to read!!!
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(\__/)
(='.'=)
(")_(")
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Jager
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Full House
Join Date: Aug 2006
Posts: 754
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19%/26% doesn't seem right...
Currently I am earning 30,000 VPPs per month. I am at Platinum Star so that is 75,000 FPPs per month, for 50,000 I can get $650, that is equal to $975/ mo. I have paid $4350 in rake so far which is equal to 22.4%. If I include the current $150 reload bonus, I get 25.9%.
If I was a Supernova, I would earn 105000 FPPs per month. This would entitle me to the $1500 bonus, paying $4350 in rake gives 34.5% rakeback, plus the $150 gives 37.9%.
As long as Stars continues to give these bonuses and offers a monthy reload, I think this could be the way to go.
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"It is impossible for you to learn what you think you already know."
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Miffed22001
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Straight Flush
Join Date: Jun 2005
Location: Marry Me Cheryl!!!
Posts: 8,181
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i turn over a tonne more in rb $$$ playing on other sites.
There are so many better deals if people go out and look, especially for a player who may not spend the majority of their time on stars or be able to raise their status to a level that makes picking up the rb worth it
Fwiw, the stars rb deal is better for bigger stakes players because it basically allows free entry into tournaments that mid stakes players want to be in regularly (if they play mtts). I think it sucks for smaller stakes players because the likelyhood of winning a big mtt on stars is quite small (3k fields versus 500 fields on other networks) and the fpps are better as a cash bonus per month into the br, or simple cashout amount per month.
Sure, getting a couple of free shots at getting in the sunday million from simply grinding away is a pretty decent offer, but thats only worth it if you can make a decent cash IMO, and losing the fpps > cash versus trying to cash in the million is a bad decision IMO.
If you arent playing 200nl you should be taking cash handouts not entering big mtts IMO.
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THaC
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Flush
Join Date: Dec 2005
Location: Carey, Ohio
Posts: 389
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Quote:
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Originally Posted by givememyleg
Quote:
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Originally Posted by swiggidy
Quote:
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Originally Posted by Jimmy Mac
You could use the FPPs to enter in satellite SnGs to the sunday mill, win a ticket and unregister.
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I'm pretty sure you can't do this |
You can.
Only problem with it though is you're spending tons of FPP to try and sate into it and you may never make it. It's 1500 for a 9 person sng/winner take all. So basically you're not just trading for "rakeback" you need to win the sng. |
The 5400 FPP satellite is a 10-man satellite and 4 people get the seat. If you have ANY knowledge of SNGs you can win a majority of these and then you can unregister from the million and get the T$
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Renton
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Straight Flush
Join Date: Jan 2006
Location: Atlanta, GA, USA
Posts: 5,991
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i like full tilt better, where i get my 32% rakeback in cash, and on top of that im saving up points for the plasma tv 
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DaNutsInYoEye
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4-of-a-Kind
Join Date: Apr 2004
Location: St. Louis
Posts: 1,921
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Quote:
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Originally Posted by Renton
i like full tilt better, where i get my 32% rakeback in cash, and on top of that im saving up points for the plasma tv |
I'm pretty sure they take money out of your rakeback when you purchase from the store.
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TheXianti: (Triptanes) why are you not a thinking person?
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Renton
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Straight Flush
Join Date: Jan 2006
Location: Atlanta, GA, USA
Posts: 5,991
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no way, seriously?
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zook
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4-of-a-Kind
Join Date: Mar 2006
Posts: 3,676
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Quote:
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Originally Posted by Renton
no way, seriously?
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I read that somewhere too.
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lolzzz_321
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NO YOU
Join Date: Oct 2004
Location: My ice is polarized
Posts: 2,797
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Being an affil for FT poker, yes this is true 
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2_Thumbs_Up
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Flush
Join Date: Apr 2006
Location: Sweden
Posts: 271
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There is a new VIP status at Pokerstars, Supernova Elite with a 400% FPP bonus.
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d0zer
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Moderator
Join Date: Jul 2007
Posts: 2,518
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sweet bump spammer!
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Keith
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Full House
Join Date: Nov 2008
Posts: 1,335
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Quote:
Originally Posted by d0zer
sweet bump spammer!
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has a spam post been deleted or is this just ironically funny!!!!!
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d0zer
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Moderator
Join Date: Jul 2007
Posts: 2,518
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Quote:
Originally Posted by Keith_MM
has a spam post been deleted or is this just ironically funny!!!!!
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let's go with the latter?
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