New info regarding the FTP rewards program.

I just received the following email:

We would like to share some pre-launch information with you about the changes planned to Full Tilt Pokerís existing loyalty program offering.

Full Tilt Poker will re-open on Tuesday, November 6th. On that day, a comprehensive player rewards program will be introduced, which will replace the Iron Man Challenge, Black Card and affiliate-paid rakeback programs.

The way in which players are rewarded will be greatly simplified, with eligible players receiving weekly cash payments. These payments will be based on the number of Full Tilt Points accumulated, at a rate of up to $2.50 for every 100 Full Tilt Points earned.

The weekly payments will differ from affiliate-paid rakeback in that the amounts you receive will not be reduced as a result of the various marketing costs you incur (for example, if you spend points in the Full Tilt Store) or other fees.

We will send you more information on the introduction of our new player rewards program, and on the transition of players from the Iron Man Challenge and Black Card programs, on Tuesday, November 6th. If you are eligible to receive the 2011 Iron Man Mid-Year Bonus, it will be credited to your account upon re-launch.

We look forward to welcoming you back to Full Tilt Poker.

Full Tilt Poker