Total Free Money Earned

Redeems: $280,439

BTC Rate: $97702.98

Page 1 of 3 123 LastLast
Results 1 to 10 of 32

Hybrid View

  1. #1
    PokerOwned Master gefishy's Avatar
    Join Date
    Mar 2011
    Posts
    347

    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?

  2. #2
    PokerOwned Master gefishy's Avatar
    Join Date
    Mar 2011
    Posts
    347
    Quote Originally Posted by gefishy View Post

    So, the equation would probably be total winnings/(total opt-ins*.25)=ROI
    This equation would be for each user.

  3. #3
    Elite PokerOwned Member
    Join Date
    Feb 2011
    Posts
    631
    OMG my brain hurts after reading this.... lol
    Last edited by gefishy; 07-13-2011 at 04:13 PM. Reason: didn't change anything... meant to "reply with quote"

  4. #4
    PokerOwned Master gefishy's Avatar
    Join Date
    Mar 2011
    Posts
    347
    Quote Originally Posted by JBrazon View Post
    OMG my brain hurts after reading this.... lol
    I heart math. Maybe that shoulda been my major... Regardless, when this is figured out we should have a pretty freakin' solid ranking system. It's a pain now, but it will make for solid data later

  5. #5
    Zab
    Zab is offline
    PokerOwned Admin Zab's Avatar
    Join Date
    Feb 2008
    Posts
    7,256
    ya I think that works.. Total players * ITM % avg * your place inverted

    I'll setup a leaderboard all time ranking system + weekly contest (Min 7 tourneys to qualify)
    "And Shepherds we shall be. For thee, my Lord, for thee.
    Power hath descended forth from Thy hand. Our feet may swiftly carry out Thy commands.
    So we shall flow a river forth to Thee And teeming with souls shall it ever be.
    In Nomeni Patri Et Fili Spiritus Sancti."
    http://www.youtube.com/watch?v=7_AtUXdXA_s

  6. #6
    PokerOwned Master gefishy's Avatar
    Join Date
    Mar 2011
    Posts
    347
    Quote Originally Posted by Zab View Post
    ya I think that works.. Total players * ITM % avg * your place inverted

    I'll setup a leaderboard all time ranking system + weekly contest (Min 7 tourneys to qualify)

    Pff, that wasn't so hard

    I would suggest that we run a test with this first before rolling it out. Make sure the data works before losing too many points...

    Maybe create a page for it like you would if it were live but don't let anybody access it yet. Let the numbers run for a week and then check it to see if it makes sense?

  7. #7
    PokerOwned Master gefishy's Avatar
    Join Date
    Mar 2011
    Posts
    347
    I'm creating a simulation right now with 25 fake members and 5 tournaments to see what happens. I will post it up here when I am done.

    Strike that, the simulation is taking too long. Not doing it anymore
    Last edited by gefishy; 07-13-2011 at 06:24 PM. Reason: Not doing simulation anymore

  8. #8
    PokerOwned God
    Join Date
    Jan 2011
    Posts
    1,596
    Quote Originally Posted by Zab View Post
    ... I'll setup a leaderboard all time ranking system + weekly contest (Min 7 tourneys to qualify)
    I just kinda quick scanned this the first time thru ... too much math ... not that I suck at math.

    Anyways, am I reading this right? 7 tourneys in one week to qualify. 7 tourneys * 145 point = 1015 points a week minimum.

    Or are you saying 7 tourney for the all time board (not the weekly board)?

    I crashed this party late lol... I have some other input if you want it

  9. #9
    PokerOwned Master gefishy's Avatar
    Join Date
    Mar 2011
    Posts
    347
    There needs to be some sort of minimum or else the numbers won't be any good. Considering there are 3 tournaments a day (soon to be four) and 7 days a week that is 21-28 tournaments. This system would be good for the regulars, but do what I do: Use the donkey betting and last longer bets to make points. If you are pretty decent at poker, you may have to do very few surveys to pull 7 a week!

    Quote Originally Posted by bmeelneg View Post
    I just kinda quick scanned this the first time thru ... too much math ... not that I suck at math.

    Anyways, am I reading this right? 7 tourneys in one week to qualify. 7 tourneys * 145 point = 1015 points a week minimum.

    Or are you saying 7 tourney for the all time board (not the weekly board)?

    I crashed this party late lol... I have some other input if you want it

  10. #10
    PokerOwned God
    Join Date
    Apr 2011
    Posts
    2,111
    Really donīt understand what you are talking about, lol

Page 1 of 3 123 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •