Last week saw Full Tilt Poker unveil its latest software update that included two major innovations for the world’s second largest online poker room. The two new additions to Full Tilt Poker include Ring Game Tickets, where players can purchase cash-value based tickets that are usable to buy into cash games at the site, as well as private tournaments which allow Full Tilters to create private, password-protected, tournaments.
Ring Game Tickets
Ring Game Tickets can be purchased in the Full Tilt Poker Points Store as well as the Iron Man Store and come in five denominations:
- $10 Ticket – 250 FTP’s to clear
- $25 Ticket – 625 FTP’s to clear
- $50 Ticket – 1,250 FTP’s to clear
- $100 Ticket – 2,500 FTP’s to clear
- $200 Ticket – 5,000 FTP’s to clear
Once a ticket is purchased the value of the ticket is accessible, but only to buy into ring games –players cannot cash-out the value of the ticket until it’s cleared—once you reach the requisite number of FTP’s to clear your ticket the money is put directly into your Full Tilt account.
Furthermore, tickets can rise or fall in value based on how you fare at the poker tables –up to a maximum of $500—which means if you purchase a $100 ticket and win $200 that money is added to the ticket value, not to your Full Tilt Poker account until you clear the ticket.
Private Tournaments
Private tournaments on Full Tilt Poker give players the option of creating a customizable, private, tournament that is password-protected. You can schedule a tournament to run up to five times, either daily, weekly, or monthly before you need to create another tournament.
Obviously the private tournaments are an effort to compete with PokerStars wildly popular Home Games Leagues, but in terms of execution Full Tilt Poker’s Private Tournaments fall well below PokerStars and their options available. Most notably is the need to have a password for each tournament instead of players joining a league like at PokerStars.
In terms of customization, the tournament creator can choose from shootouts, cashouts, rebuys, Rush Poker and freezeout tournaments. Additionally players can set the blind structure and starting chips to virtually any format they choose, and buy-ins for private tournaments at Full Tilt Poker can range from $1 up to $1,000.
For more information on Full Tilt Poker’s new offerings you can visit their website at www.FullTiltPoker.com.
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Written by Steve Ruddock on April 14th, 2011