MMM: Iron Man 2

In my first Iron Man post I had briefly touched on FTP's Iron Man promotion which rewards frequent players. Today's mail is looking for more details about the program.

Mr. Cowboy,
What is this Iron Man thing that I've been hearing about? The name kinda rings a bell but I don't understand what it's all about.

Robert D. Jr.
Hollywood, CA

Hello Robert,

You know I'm still kinda getting the thing figured out myself but I'll tell you what I think I know about the program. The idea is to accrue Full Tilt Points on a frequent basis. You get one full tilt point (or fraction thereof) for each dollar of rake taken at the table you are at as long as you are dealt a hand. So if you have players shoving all in every hand you can just sit and collect Full Tilt Points while waiting for a premium hand that you want to gamble with.

If you acquire enough points often enough in a month then you achieve a level of status depending on the points and the frequency. For example, 25 days of 50 points is good enough for silver status but so is 15 day of 200 points per day. More days and/or more points will elevate your status. Furthermore you get increasing amounts of medal rewards for chaining together consecutive months. This is FTP's way to keep you on the site. With the medals you can purchase items from the Iron Man shop like clothing, more Full Tilt Points, cash, or tournament tokens. They also sell Iron days and Iron months so if you are not able to play for an extended amount of time you can pay to retain your status.

I was surprised to find out that I ended up with 95 medals at the end of March when I was only expecting 40. 40 of the them were just the base amount and since I'm opting out of the freerolls I got an extra 40 for that. It took some researching but I found out that I got an extra 15 because in February I played each day so I get a medal for their "One-a-Day" portion of the Iron Man challenge. That is good for a freeroll as well and/or more medals if you opt out. 95 is way better than the 40 I was expecting and that should be 105 next month due to the escalating medal schedule.

I was disappointed to find out that the tournament tokens that you can buy from the Iron Man store can not be directly converted to cash. But there are some $24+$2 tourneys which are supposed to be fairly soft and with flat payouts so I plan on entering those to generate cash from my Iron Man medals. Yes, you can directly buy cash with medals but you are dinged by a poor conversion ratio and I believe it works against your rakeback as well. From everything I've read the tourney tokens are the way to go.

It's not like getting 33% rakeback but the extra bonuses add up and help defer the differences between FTP's 27% and other sites even though it means you have to follow the will of FTP in order to get them.

Hope that helps!
Sushi Cowboy