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Topic: FML Bets Formula (Read 1588 times)
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FML|Mage
FML Bets Season 1 Winner
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FML Bets Formula
«
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!
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