New Player Welcome Package
All new players will also be given a $2.25 tournament ticket and 10 entries into the weekly $5,000 new depositor freerolls. These items are on top of the deposit bonus and are absolutely free!
Clearing the Bonus
To clear the bonus, play real money cash games or tournaments and collect Full Tilt Points (FTPs). The bonus will clear at a rate of $.04 for every Full Tilt Point earned. The entire bonus will take 15,000 FTPs to clear which can be quite difficult for micro-stakes players, but you have 120 days to do so before it expires.
Releasing the Bonus: Incremental
The bonus is released in increments instead of all at once, which is great for smaller stakes players because it's not all or nothing. The bonus will automatically be released into your account in increments of $20, or 10% of the total amount, whichever is smaller. Assuming the full $600 bonus, this means that every time you collect 500 FTPs, $20 will be deposited into your account until the full $600 is released.
Earning Full Tilt Points
Full Tilt Points are now earned through a dealt contributed method. This basically means you earn FTP's based upon the amount of rake you contributed to a pot. For example, in a 9 handed game that you contributed $50 of a $100 pot you would have paid $1.50 in rake (50% of the pot in a $3 capped rake pot) and thus would earn 15 FTPs for your contribution to the rake. If you contributed $30 of a $90 pot you would have paid $1 in rake (33.33% in a $3 capped rake pot) you would earn 10 FTPs. You must be dealt into a hand as well as have had contributed to the pot to earn FTPs.
Tournament and Sit-N-Go players will earn 10 FTPs for every $1 paid in tournament fees. There is no cap on FTPs earned for a single tournament, for example you would earn 1,000 FTPs for playing in a $5500+$100 Heads Up Sit-N-Go.
Clearing Rates
The chart above shows an estimation of how many hands it takes to clear the bonus based on the stake, and total tournament fees. Breaking it down based on tournaments, this bonus worth exactly 40% rakeback, since you get $600 back after paying $1,500. The % will vary a but on cash but is around 30-40%.
Make sure you have enough time to invest during the next 120 days before starting the bonus! It will take the average $50NL player 75,000 hands, so that comes out to about 4,400 hands per week. The average $100NL player will be a little easier at about 2,750 hands per week. Remember, these are minimum amounts, if you can, shoot for more!