FFA Masters League

General => General Discussion => Topic started by: FML|Mage on June 06, 2013, 07:06:45 pm

Title: FML Bets Formula
Post by: FML|Mage on June 06, 2013, 07:06:45 pm
Since this will take a little bit of page to explain, I figured I would create a new post with it somewhere else and link to it.  The basic formula for figuring out the winnings is:

Money Won* = Money Bet x [(Total Money Bet on the Match Overall)/(Total Money Bet on Winner)]

*Money Won is presumptive of the fact that the person you bet on actually wins.

Example Match

Worpex
Mage
Ugri
PBM


Player A bets 25 on Worpex
Player B bets 37 on Worpex
Player C bets 61 on Worpex
Player D bets 78 on Mage
Player E bets 13 on Mage
Player F bets 19  on Ugri
Player G bets 26 on Ugri
Player H bets 90 on Ugri
Player I bets 17 on PBM
Player J bets 46 on PBM

Total Points Bet = 412

Total Points Bet on Worpex = 123
Total Points Bet on Mage = 91
Total Points Bet on Ugri = 135
Total Points Bet on PBM = 63

Odds on Worpex. 3.35:1

Odds on Mage 4.53:1

Odds on Ugri 3.05:1

Odds on PBM 6.54:1

Scenario A) Worpex Wins

Player A wins 84
Player B wins 124
Player C wins 204

Total Winnings = 412

Scenario B) Mage Wins

Player D wins 353
Player E wins 59

Total Winnings = 412

Scenario C) Ugri Wins

Player F wins 58
Player G wins 79
Player H wins 275

Total Winnings = 412

Scenario D) PBM Wins

Player I wins 111
Player J wins 301

Total Winnings = 412

If anyone has any more questions, please feel free to ask me about it here!