Equation for Strength of Tournament discussion
As I said, the equation is simple, we just need a dollar value for the points that a person invests in the tournament.
If you had to guess, what is the conversion of 140 points to dollars? Looking at your redeem cost (580=$1 Carbon) that would make an opt-in cost about $.25.
So, the equation would probably be total winnings/(total opt-ins*.25)=ROI
I would probably suggest setting a minimum number of tournaments to qualify. Say 5/week or 20 tournaments to qualify for the monthly leaderboard?
Equation for Strength of Tournament discussion
Quote:
Originally Posted by
Zab
Im thinking the formula would be something like:
For our stats:
- Get the AVG % of all the players ITM %
- Take the total # of players (Not just opted in, the total #)
- What place did you finish at
Lets assume the ITM % is 30% and there are 35 players and you got 8th place
A quick idea for the formula would be:
Players * ITM% * Your Place = Your Strength (Lowest is better)
35 * 30 * 8 = 84 Strength Of Tournament
ITM% = 40% how would that change it
35 * 40 * 8 = 112 Strength of Tournament
Let say theres only 30 players in and 30% ITM
30 * 30% * 8 = 72 Strength of Tournament
So ya, if you muck up and take 25th place.. lets see
30 * 30% * 25th = 225 Strength of Tournament
sounds good.
Equation for Strength of Tournament discussion
Quote:
Originally Posted by
gefishy
If you are saying that lower is better, this scenario doesn't work. If 40% are ITM the tournament should be stronger not weaker. You show a 40% ITM tournament with a 112 Strenght of Tournament and a 30% ITM with a 84 making that appear stronger. Maybe you meant to say that higher is better?
I was thinking it would be strength of the tournament (The field you are playing against) vs how you finish = your rating
So ya, we're on the same page.
And yes my Math is off.. lemme see
A quick idea for the formula would be:
Players * ITM% * Your Place = Your Strength (Lowest is better)
35 * 30 * 8 = 84 Strength Of Tournament
ITM% = 40% how would that change it
35 * 40 * 8 = 112 Strength of Tournament
I could do
Players in Tourneys + ITM % + Where you placed (Backwards) so if theres 30 people in, then 1st place = 30 pts, 2nd place = 29 pts etc
Equation for Strength of Tournament discussion
Quote:
Originally Posted by
Zab
I was thinking it would be strength of the tournament (The field you are playing against) vs how you finish = your rating
So ya, we're on the same page.
And yes my Math is off.. lemme see
A quick idea for the formula would be:
Players * ITM% * Your Place = Your Strength (Lowest is better)
35 * 30 * 8 = 84 Strength Of Tournament
ITM% = 40% how would that change it
35 * 40 * 8 = 112 Strength of Tournament
I could do
Players in Tourneys + ITM % + Where you placed (Backwards) so if theres 30 people in, then 1st place = 30 pts, 2nd place = 29 pts etc
OK,
I think I may still be confused here. What exactly would that final Strength of Tournament number mean?
If I am reading it correctly, when you say "Strength of Tournament" you mean a number of points assigned to your finishing spot relative to the average quality-of-play of the rest of the field?