Oops, missed this from a few days ago:
For
Full Tilt Poker:
Today's update (available within the hour) is the launch of the new Black Card program.
I'd like to give a quick (or maybe not so quick) rundown on the promotion, focusing mostly on how the new Black Card leaderboards will be calculated.
Before we get to that, first some basic details that will hopefully answer some of the questions you've had about the promotion:
How do I earn Black Card status?Black Card is the new top tier in the Edge program. It's earned based off of your 100 day rolling FTP average, with a 500 FTP average required.
What do I get for being Black Card?There are three main benefits to Black Card:
- You can convert your FTPs to cash at a rate of 200 FTPs per $1. There are two ways you will be able to do this. First, you can set it up so you automatically convert all FTPs earned for the week to become cash at the same time as your Edge Reward (and have it be added to your Edge Reward). The second option is to manually convert any amount of your current FTPs as a one-off thing.
- You will earn double FTPs as long as you are opted-in to the Edge Leaderboards.
- You will be eligible to compete in the Black Card Leaderboards to become a "Black Card Pro."
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What do I get for being a Black Card Pro?Three things:
- You become "red" on the site and get a "Black Card Pro" avatar
- 100% Edge Rewards (aka rakeback)
- A $20K prize package (either FTOPS/MiniFTOPS entries or a bonus, your choice)
http://www.fulltiltpoker.com/edge/black-card/sponsorshipWhat are the Edge Leaderboards?The monthly Edge Leaderboards replace our current monthly leaderboard system and greatly expand it. Instead of only having monthly MTT, SNG, and Heads-Up SNG leaderboards, we will have all of those plus an additional set of ring game leaderboards, for a total of 15 different leaderboards. The top 25 players from each leaderboard will get an "Edge Boost", granting them one Edge level higher for the following month than they had at the end of the previous month. The top 3 from each leaderboard will also win a small cash prize.
What are the Black Card Leaderboards?Black Card Leaderboards are where Black Card members compete to become a Black Card Pro. There are 11 Black Card Leaderboards. They run for 6 months, and at the end of the 6 months, the top player from each leaderboard will win the 6 month Black Card Pro sponsorship.
More details can be found here:
http://www.fulltiltpoker.com/edge/black-cardSo that's the basics. On to the details of the leaderboards themselves –
Monthly Edge LeaderboardsHere is the list of the 15 monthly Edge Leaderboards:
- NL/PL Hold'em High (Above $1/$2)
- NL/PL Hold'em Low (Up to $1/$2)
- PL Omaha High (Above $1/$2)
- PL Omaha Low (Up to $1/$2)
- Rush Ring Games High (Above $0.50/$1)
- Rush Ring Games Low (Up to $0.50/$1)
- Heads-Up Ring Games (All stakes)
- All Other Ring Games (All stakes)
- SNG High ($26 buyin and up)
- SNG Low (Up to $26)
- Heads-Up SNG Highest ($50 buyin and up)
- Heads-Up SNG High ($20-$49)
- Heads-Up SNG Medium ($5-$19)
- Heads-Up SNG Low (Below $5)
- MTT (All)
Each leaderboard uses one of three different scoring systems. All 8 ring game leaderboards use one system, the 4 HU leaderboards use a second, and the SNG/MTT leaderboards use a third.
SNG/MTT Leaderboards: The SNG/MTT leaderboard calculation is exactly the same as it existed in the monthly leaderboards previously.
Ring Game Leaderboards: The 8 ring game leaderboards use an entirely new scoring system (created with the help of the feedback we received here) and works like this:
You score points on the leaderboard based on your record vs. each player in the game and stake level you're playing. The number of points you get are based on three factors: How many big blinds you're up on that player at the end of the month, what stake level you were playing, and whether or not that player you beat was in the top 100 of that leaderboard the previous month.
Capping the number of points you can win off a single opponent should encourage players to play as many different players as possible. We also hope giving a bonus for beating players who were on the previous month's leaderboard will encourage some players to "take a shot" at some of the better players. The stakes multiplier was needed because there are fewer "different" players to play against at the higher stakes, and the competition is obviously tougher up there.
There is no crossover between the leaderboards. This means that if you're playing Heads-Up NLH (even at a table with more than 2 seats) that hand counts towards the Heads-Up leaderboard only and not the NLH leaderboard. If you're playing PLO Rush, it counts towards the Rush leaderboard only.
HU SNG Leaderboards: The HU SNG Leaderboards work similarly to the Ring Game leaderboards, but instead of needing to win a certain number of BBs from each opponent, you need to be a certain amount of SNGs "up" on that opponent to earn base leaderboard points.
For both the Ring Game and HU SNG Leaderboards, the "previous month bonus" obviously won't be in effect for July since there is no previous month results to go off of, but that will start up in August.
The exact details of each scoring system can be found here:
http://www.fulltiltpoker.com/edge/monthly-leaderboards/rulesBlack Card LeaderboardsBlack Card Leaderboards feed off of the monthly Edge Leaderboards. If you have Black Card status, your top 4 monthly Edge Leaderboard scores will be added together to form your full 6 month Black Card Leaderboard score. This means you can take 2 months off for whatever reason and not be unduly punished in the leaderboard.
There isn't quite a 1:1 mapping from monthly Edge Leaderboards to Black Card Leaderboards (some Edge Leaderboards won't have enough players with Black Card status to make it an interesting and competitive leaderboard), and the full list of 11 Black Card Leaderboards looks like this:
- NL/PL Hold'em High (Above $1/$2)
- NL/PL Hold'em Low (Up to $1/$2)
- PL Omaha High (Above $1/$2)
- PL Omaha Low (Up to $1/$2)
- Rush Ring Games High (Above $0.50/$1)
- Rush Ring Games Low (Up to $0.50/$1)
- Heads-Up Ring Games (All stakes)
- Other Ring Games (All stakes)
- SNG (All stakes)
- Heads-Up SNG (All stakes)
- MTT (All)
More details relating to the Black Card Leaderboards can be found here:
http://www.fulltiltpoker.com/edge/black-card/leaderboardsIt's important to note that we don't expect everything in these leaderboards to be perfect immediately. We will rely on your feedback on how we can improve the systems for the next running (starting in January) to make sure we really are rewarding the "best" (however that's defined) players on the site.
I'm personally pretty excited to see how this will work out. I hope we'll see some great battles in at least a few of the leaderboards. I predict at least a couple will be wide open to start, so it'll be interesting to see who wants to fight for it.
Game on!