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How do poker sites make money?
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[QUOTE="mogadown, post: 980201, member: 45379"] [b]Full tilt Point System[/b] Lets take a look at Full Tilts Point system and the "Iron Man" Freerolls. Point System - You get 1 FTP per $1 Rake from every pot that you are playing in at a table. So if there are 9 people at a table there are 9 points awarded for a $1 rake. With Full tables FT actually makes $0.11 per point. (tables that arent full say 5 ppl, there are 5FTP's awarded per $1 so that would be $0.20/pt, but we'll keep it with fuller tables) Gold Freeroll - You need to accumulate 100FTP's for 25 days in the month in order to qualify for a $20,000 Freeroll. (Thats 2500 points in one calander month) 2500 X $0.11 = $275. Last month there were 503 players in the Gold Freeroll. 503 X $275 = $138,325. Full Tilt made $138,325 (at a minimum) off of 503 players and reward them with offering up $20,000 back in a freeroll. (Thats still a profit of $118K). These were all "Minumums". You can also achieve "Gold" status by getting 200pts for 20 days in a month. (Thats 4,000 pts X $0.11 = $440) Trust me... These sites make a LOT of money. [/QUOTE]
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