neteller points

[Sponger15SB]

i was wondering if any of you guys have ever though of sort of "pooling" all your neteller points together. just have a few 2+2er's enter every point they have into a drawing and then if somebody wins they just split it up amongst the people who are involved.

not that i'd want to enter any drawings yet as i only have 100,000 neteller points, but i'm guessing there has to be tons of you guys out there with hundreds of thousands of points if not a million, and you could sure stack the deck in your favor if you pooled your points.

[LondonBroil]

643,028 points!

[Thythe]

628,950 points

[MrFroggyX]

215,740 points.

[LondonBroil]

Ok, so looking at their monthly giveaway, it's pretty close to the drawing, so I'll take the 43,073 entries and bump it up to say 59,880 by the drawing time.

I put in my 600,000 points for 120 entries making it 60,000 total entries and giving me a 0.2% chance of winning the $3,000.

So my entries which I've saved for 4 months are worth $6?

[Fraubump]

I suppose one could buy in and cash out of cardrooms every day with your whole available bankroll to accumulate more net points, but it doesn't seem to have much ev.

[Audi]

Currently there are:

Weekly Draw Draw Date: May 30, 2004
Prize: $500.00 USD
Total Entries: 15998
Cost to enter: 1000 NETPoints

Bi-Weekly Draw Draw Date: Jun 6, 2004
Prize: $1000.00 USD
Total Entries: 5123
Cost to enter: 2500 NETPoints

Monthly Draw Draw Date: May 31, 2004
Monthly Jackpot: $3000.00 USD
Total Entries: 43509
Cost to enter: 5000 NETPoints

Maybe the bi-weekly draw would be the best to chase?

I currently have 1.4million points!

1.4mill = 1400 entries to the $1000 draw
or 560 entries to the bi-weekly.

Guesstimate a pool of 15million points required to have a 50% chance of winning??!

Comments? /images/graemlins/smile.gif

Can't seem to find the list of previous winners at the website, but I recall there were a few names who had won the monthly draw on more than one occassion?

[Vehn]

921,780

[Inthacup]

1,549,605 points

[Baulucky]

I have never heard of a 2+2 'er winning anything at neteller. I have the gut feeling this neteller points thingy is a scam of some sort.

[Inthacup]

I know 2 people from various contacts etc. that have won a drawing. I feel pretty confident that it's not a scam.

[shandrakor]

Hard to be a scam when it doesn't actually cost anything to enter /images/graemlins/smile.gif

[Ohio Guy]

I just dump all my points every week into whichever pool has the best payout...am I making some sort of mistake by not saving them?

I guess I do lose the opportunity to say I have 10 kagillion ponts on this site, but is there really any difference between having 1 20% shot, and 200 .1% shots?

[poker-penguin]

[ QUOTE ]
but is there really any difference between having 1 20% shot, and 200 .1% shots?

[/ QUOTE ]

That's one for the probability geeks. I mean 200 .1% shots you might win twice!

Personally, I have so damn few neteller points, that I just throw them in a draw at random. I figure they are basically worthless.

Although if I had 6 million of them like some of you seem to, maybe I'd feel differently.

[MicroBob]

[ QUOTE ]
I suppose one could buy in and cash out of cardrooms every day with your whole available bankroll to accumulate more net points, but it doesn't seem to have much ev.

[/ QUOTE ]


if 600k points is worth a whopping $6 in terms of tourney entries as was determined earlier in this thread...then each transaction back and forth i'm guessing is going to be in the neighborhood of $0.10 perhaps.

yippee!!!!!


i have 378k pts btw.


yeah....i had thought of this as well.
would be kind of hilarious to try to build up points that way.

[Phishy McFish]

Hasn't it already been discussed here that no one has ever known anyone to have actually WON one of these drawings??