Full Tilt Poker Relaunches With Lowest Rakeback System

Full Tilt Poker Relaunches With Lowest Rakeback System November 5, 2012 November 6, 2012 Tim Glocks https://www.poker-online.com/author/tim
Posted on  Nov 5, 2012 | Updated on  Nov 6, 2012 by Tim Glocks

Full Tilt Poker recently announced that it will be relaunching on the 6th of this month much to the delight and dismay of the site’s pre- existing members and its critics respectively. In the past few days and weeks, Full Tilt Poker has been making announcements about changes to its rake back system and VIP Program by sending out emails to all of its players.

However, the Full Tilt Poker site also announced that all American players would not have access to any real money poker games.

An email to players explained this:

Full Tilt Poker is back online for play-money games. As someone who has enjoyed the play-chip tables on Full Tilt Poker in the past, we are pleased to welcome you back, following a successful re-launch. The Rational Group, which owns and operates PokerStars, acquired assets of Full Tilt Poker in August 2012 and appointed new senior management to re-open and operate the site. Please note that we will not offer real money online poker in the U.S. until such time as there is regulation and licensing permitting this. As such, only our play-money games are available to U.S. residents. Our agreement with the U.S. Department of Justice allows for PokerStars and Full Tilt Poker to apply for relevant gaming licenses if and when they are made available. We look forward to the opportunity to provide real-money online poker to U.S. players in the future. Thank you – and welcome back on Full Tilt Poker.

According to Shyam Markus, Full Tilt’s poker room manager, the new and revamped VIP structure will offer players an opportunity to get only up to 30 percent rakeback while playing at the site. What’s more, Full Tilt Poker will only give players a maximum of 35 percent rakeback when the “happy hour” promotions are going on.

In an effort to bring in its old and new player traffic and make up for its overall problems and scandal since black Friday, one would expect the site to be putting forward one of the best rakeback offers in the in the online poker community. However, it is offering one of the lowest. Even PokerStars provides more than 71 percent rakeback for its Elite VIP players.

We don’t intend to compete for that particular group of players with our rewards program. Which isn’t to say we don’t intend to compete for any of that group at all

Tim GlocksAuthor

Tim Glocks is a retired professor, he currently contributes to Poker-Online.com. Tim enjoys playing poker and has taken it up as a hobby since his retirement. He has taken part in many online tournaments and has become a veteran in a short space of time. Visit Tim’s google + page here