How do I calculate the actual amount that I would like to stake a player?
How do you calculate the total purchase amount when staking the action of a player?
- First, you would have to calculate the total buy-in as follows:
Buy-in + Bounty (if applicable) = Total Buy-in
- Then you would input the total buy-in into the following formula as follows:
(Total Buy-in / 100) * Markup * Share % = Total Purchase Amount
- For example,Total Buy-in = $25
Markup = 1.4
Let’s say you bought 10% out of 45% of a particular player’s shares.
Then the calculation will be as follows:
Total Purchase Amount = (25 / 100) * 1.4 * 10 = $3.50