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  31-Mar-13, 18:01   #1
How much money is Full Tilt Poker losing? +1 
Btownd87 

Joined: Apr '09
Location: Canada
Age: 29 (M)
Posts: 162
I was just looking in the lobby on Full Tilt Poker and the FTOPS main event, which has a $600+$40 buyin and currently has just under 1800 entrants has a guaranteed prizepool of $2,000,000. I used a calculator to add up the total from all buyins and its only $1,147,520. That's a loss of over $850,000!!!. holy smokes, it must be a bad day at the Full Tilt headquarters. lol Thumbs Down

On the other hand, if you can still get in it (late registration is closing soon) then you may be able to win a huge prize.

FYI.

UPDATE: sorry late registration will be open awhile longer. get it while u can, if u can.

Edited by Btownd87 (Sunday, March 31, 2013 @ 18:04 GMT)


     
  31-Mar-13, 18:22   #2
  0 
ILI_002 

Joined: Mar '10
Location: Greece
Age: 47 (M)
Posts: 505
hi, i think somehow you missed the part that it's a RE-ENTRY tourney my friend (with max Entries=5), and it's got 4 hours of registration.
You start with 7500 chips and 45 minutes later the average chips are 7680, which basically means
that there's no difference, the tourney structure is very slow, and there are going to be a lot more registrations until closing time!
i don't know if the 2 million prize will be covered, but i think it's going to be very close
with many players losing and re-entering.. we'll just wait & see Smile

     
  31-Mar-13, 18:44   #3
  0 
Btownd87 

Joined: Apr '09
Location: Canada
Age: 29 (M)
Posts: 162
true. i've never played a re-entry tourney so i'm not sure how it works.
its an hour later almost and theres 2103 entries for a grand total of $1,348,480
Two more hours of late registration also.
I'd be shocked if they crack $2,000,000 to be honest, i see it being more like $1,750,000

     
  31-Mar-13, 22:13   #4
  0 
Weenie 
Joined: Aug '12
Location: Slovakia
Age: 29 (M)
Posts: 678
lol you are really worry about FT that they are losing money? Big Smile btw you still didnt count re-entries in that tourney. If someone used re-entry it means that he paid next buy-in but number of players is same... And if there are 5 re-entries possible I think they are way over 2,000,000 Smile

     
  31-Mar-13, 22:14   #5
  0 
ILI_002 

Joined: Mar '10
Location: Greece
Age: 47 (M)
Posts: 505
latest recap:
4 & 1/2 hours later, 3625 entries... and still registering

2,175,000$ prize pool Shock
well, i guess some people wanted so badly to play at this event Cool

Well done FullTilt, you're officially the 2nd best poker room again! Thumbs Up

     
  1-Apr-13, 02:53   #6
  0 
3pokeronly 

Joined: Jul '12
Location: New Zealand
Age: 51 (M)
Posts: 233
ILI_002, to clarify FT is still the 2nd best ONLINE poker room.

The White House a ahem.. Gentleman's Club in New Zealand where the dealer always starts with a pair ( o) (o), this can lead to a straight and sometimes a bit of a flush, try to go during the week tho as during the weekend it is often a full house.

3P

     
  1-Apr-13, 03:27   #7
  0 
jessthehuman 

Joined: Apr '09
Location: Australia
Age: 32 (M)
Posts: 6441
If it is a rebuy then they'll crack $2M easily.

     
  1-Apr-13, 05:57   #8
  0 
demodawggy 

Joined: Feb '12
Location: Canada
Age: 56 (M)
Posts: 5680
I can't see any fairly large sized poker site EVER losing money...

They're just AWASH in cash! Some of the smaller ones with poor service and a bad name would go under fast,..but certainly not Full Tilt




     
  14-Apr-13, 23:44   #9
  +1 
Peter7878 

Joined: Dec '12
Location: Bulgaria
Age: 39 (M)
Posts: 1022
Hi Btownd87,

The poker sites never lose. They always win a lot of money. Do you know that per year how many billions they win? A lot of billions of $. The world is in crysis, but the online poker and casinos are never in crysis.

This tournament has a lot of re entries. Also the biggest tournaments have 2 hours late registration, hundreds, thousands of rebuys.

Do you know who are the owners of PokerStars? The Jewish family of Isai Scheinberg.
Do you know who are the owners of Titan Poker? Also Jews. You know that the Jews are the richest people in the world.

So, don't worry about the poker sites losses. They have billions of winning. I am telleng you this because I know it for sure. I worked for the online poker industry few years ago.

Here you can see the photo of the owner of PokerStars. Smile
Good luck at the tables! And think about your success!


Best regards,
Peter7878

Edited by Peter7878 (Sunday, April 14, 2013 @ 23:55 GMT)


     
  15-Apr-13, 00:14   #10
  0 
Greenmohave 

Joined: Jan '11
Location: United States
Age: 52 (M)
Posts: 3361
Yeah, Fulltilt needs to get the U.S. players back on the site to bring it back up to where it was prior to the scandal. After understanding the full story I think there wouldn't have been such a big deal if it wasn't for Lederer being such a snake, but it is what it is.

Just miss playing on the site!

     
  15-Apr-13, 02:48   #11
  0 
RoninHarper 

Joined: Nov '12
Location: Canada
Age: 48 (M)
Posts: 4440
Posted by Greenmohave:
Yeah, Fulltilt needs to get the U.S. players back on the site to bring it back up to where it was prior to the scandal. After understanding the full story I think there wouldn't have been such a big deal if it wasn't for Lederer being such a snake, but it is what it is.

Just miss playing on the site!


G'day Green

I am really confused here mate.
Don't you actually like snakes?
Perhaps I have confused you with another mobster but I would think by your avatar that I have the right member. If Lederer is a snake should you not like him a little more? Smile

I know I am being an arse Smile just trying to have a little fun mate.
Be cool and best of luck to you.

Ronin Cool

     
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