Distribution Of Prize Pool

Last updated 1 year ago

Distribution Of Prize Pool

The distribution of the prize money in our paid entry tournaments is determined by a set of rules and regulations established by the platform. The number of entrants plays a crucial role in determining the prize distribution, and as the number of entrants grows, the prize structure becomes more dynamic and complex. The platform is constantly monitoring and evaluating the situation to ensure that the prize distribution remains fair and competitive for all participants. By carefully analyzing the tournament data and player behavior, we aim to create a thrilling and rewarding experience for all players.

The prize money in paid entry tournaments is calculated by subtracting a small commission fee from the prize pool. The formula for the distribution of the prize money is:

Distribution = Prize Pool - Platform Commission

For instance, let's take the previous example of the Prize Pool being 8000 Matic. The commission fee in this case would be 10% of the Prize Pool, which comes out to be 800 Matic. So, the distribution of the prize money will be:
Distribution = 8000 - 800 = 7200 Matic
Therefore, a total of 7200 Matic will be distributed among the top players who have performed exceptionally well in the tournament, and the distribution will be done as per the rules and regulations set by the platform.

Scenarios of Prize Pool distribution

To preserve the competitive integrity of our tournaments, a minimum engagement criterion has been set. Should the number of games played in any tournament fall short of five, the prize pool will not be distributed as standard. Instead, the entire pool will be awarded to the top-ranking player, post the deduction of a 10% platform operations fee.

Example:
Consider a scenario where the prize pool is $1,000. If a tournament concludes with less than five games played, instead of canceling the event, the prize is allocated to the leading player. From the $1,000, a 10% operations fee of $100 is deducted for platform maintenance, leaving the victor with a reward of $900. This ensures that even in cases of lower participation, excellence is still recognized and rewarded accordingly.

Maintaining the thrill and fairness of our tournaments is paramount, which is why we've set a minimum activity level. If the number of games played reaches up to 9, the event retains its competitive spirit but adjusts its reward structure. Under these circumstances, the prize pool is not returned but instead allocated to the top three contenders, post a 10% subtraction for platform operations. 1st Player - 1/2 of the total pool amount 2nd Player - 1/4 of the total pool amount 3rd Player - 1/4 of the total pool amount

Example:
Imagine a tournament where the prize pool accumulates to $2,000. If only 9 games are played, the rewards are distributed to the top three players after a 10% platform fee is applied. Here’s how it breaks down:
The platform retains $200 for operational costs.
The remaining $1,800 is divided among the top players.
The 1st place player receives half of this amount, equating to $900.
The 2nd and 3rd place players each receive a quarter of the pool, amounting to $450 apiece.
This revised distribution ensures that even with fewer games, players are still incentivized to compete, and top performers are duly rewarded.

To uphold the competitive integrity of our tournaments, we've set a clear standard for participation. If a tournament's prize pool exceeds the number of games played, a fair and incentivizing reward structure is activated. Specifically, the top 50% of eligible players will receive their share of the prize pool, after a 10% subtraction for platform operations. Within this top 50%, the highest 10% of players will have their rewards calculated through Arithmetic Progression, while the subsequent 40% will benefit from a distribution formula that ensures each receives a reward greater than their initial entry fee.

Example:
Consider a tournament where the prize pool is $5,000, but only 160 games are played.
The platform deducts a 10% operations fee, totaling $500, leaving a prize pool of $4,500.
The top 10% of players, which in this case would be the top 16 players, have their rewards calculated by Arithmetic Progression making sure that the top player gets more amount from the prize pool. For simplicity, let's say the first place gets $500, and each subsequent player gets $30 less than the player above them, so the second place gets $470, the third gets $440, and so on until it reaches the 16th place.
For the next 40% of players, which would be the 17th to 64th place, the rewards are determined by the formula Winning Amount / 2. If the 17th to 64th place players are to receive more than their entry fee, and assuming an entry fee of $10, the calculation would be (($4,500 - rewards for the top 10%) / number of players in the 40%) / 2. If the top 16 have already been allocated $2,920 through Arithmetic Progression, there would be $1,580 remaining for the next 48 players. According to the formula, each of these players would receive ($1,580 / 48) / 2 = approximately $16.46, which is greater than the $10 entry fee.
In this scenario, the distribution mechanism ensures that the top performers are rewarded for their skill and engagement, while the rest of the winning bracket also receives a return on their entry, thereby promoting a satisfying tournament experience for a larger portion of participants.

To maintain the competitive spirit and fairness of our tournaments, Gaming Arcade has established guidelines for prize distribution in scenarios where the prize pool is lower than the number of games played. In such cases, the remaining pool amount, after deducting a 10% platform operations fee, is allocated to the top eligible players which are derived using a carefully formulated distribution method: [(Top Players / Entry Price)] / 2 This formula ensures that the rewards are equitably shared among the most successful participants.

Example:
Let's consider a tournament where 1150 games are played, but the prize pool is $1,000.
First, a 10% operations fee is deducted from the prize pool, which amounts to $100. This leaves $900 in the pool for distribution.
According to our formula and policy, the top 50% of players are usually eligible for the prize. In a tournament with 1150 games, this equates to the top 575 players.
For simplicity, let's assume the entry price per game was $1. Applying the formula, the reward for each top player is calculated as follows: [(575 / 1)] / 2 = 287.5
In instances where the number of eligible winners is a fraction, as in our case of 287.5, we round down to the nearest whole number.
Now, the top 287 players are eligible to receive rewards in the tournament.
In this scenario, despite the prize pool being smaller than the number of games played, the top eligible players receive a fair share of the rewards, ensuring a balanced and engaging tournament experience.

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Last updated 1 year ago

The prize money in paid entry tournaments is calculated by subtracting a small commission fee from the prize pool. The formula for the distribution of the prize money is:

Distribution = Prize Pool - Platform Commission

For instance, let's take the previous example of the Prize Pool being 8000 Matic. The commission fee in this case would be 10% of the Prize Pool, which comes out to be 800 Matic. So, the distribution of the prize money will be:
Distribution = 8000 - 800 = 7200 Matic
Therefore, a total of 7200 Matic will be distributed among the top players who have performed exceptionally well in the tournament, and the distribution will be done as per the rules and regulations set by the platform.

Scenarios of Prize Pool distribution

To preserve the competitive integrity of our tournaments, a minimum engagement criterion has been set. Should the number of games played in any tournament fall short of five, the prize pool will not be distributed as standard. Instead, the entire pool will be awarded to the top-ranking player, post the deduction of a 10% platform operations fee.

Example:
Consider a scenario where the prize pool is $1,000. If a tournament concludes with less than five games played, instead of canceling the event, the prize is allocated to the leading player. From the $1,000, a 10% operations fee of $100 is deducted for platform maintenance, leaving the victor with a reward of $900. This ensures that even in cases of lower participation, excellence is still recognized and rewarded accordingly.

Maintaining the thrill and fairness of our tournaments is paramount, which is why we've set a minimum activity level. If the number of games played reaches up to 9, the event retains its competitive spirit but adjusts its reward structure. Under these circumstances, the prize pool is not returned but instead allocated to the top three contenders, post a 10% subtraction for platform operations. 1st Player - 1/2 of the total pool amount 2nd Player - 1/4 of the total pool amount 3rd Player - 1/4 of the total pool amount

Example:
Imagine a tournament where the prize pool accumulates to $2,000. If only 9 games are played, the rewards are distributed to the top three players after a 10% platform fee is applied. Here’s how it breaks down:
The platform retains $200 for operational costs.
The remaining $1,800 is divided among the top players.
The 1st place player receives half of this amount, equating to $900.
The 2nd and 3rd place players each receive a quarter of the pool, amounting to $450 apiece.
This revised distribution ensures that even with fewer games, players are still incentivized to compete, and top performers are duly rewarded.

To uphold the competitive integrity of our tournaments, we've set a clear standard for participation. If a tournament's prize pool exceeds the number of games played, a fair and incentivizing reward structure is activated. Specifically, the top 50% of eligible players will receive their share of the prize pool, after a 10% subtraction for platform operations. Within this top 50%, the highest 10% of players will have their rewards calculated through Arithmetic Progression, while the subsequent 40% will benefit from a distribution formula that ensures each receives a reward greater than their initial entry fee.

Example:
Consider a tournament where the prize pool is $5,000, but only 160 games are played.
The platform deducts a 10% operations fee, totaling $500, leaving a prize pool of $4,500.
The top 10% of players, which in this case would be the top 16 players, have their rewards calculated by Arithmetic Progression making sure that the top player gets more amount from the prize pool. For simplicity, let's say the first place gets $500, and each subsequent player gets $30 less than the player above them, so the second place gets $470, the third gets $440, and so on until it reaches the 16th place.
For the next 40% of players, which would be the 17th to 64th place, the rewards are determined by the formula Winning Amount / 2. If the 17th to 64th place players are to receive more than their entry fee, and assuming an entry fee of $10, the calculation would be (($4,500 - rewards for the top 10%) / number of players in the 40%) / 2. If the top 16 have already been allocated $2,920 through Arithmetic Progression, there would be $1,580 remaining for the next 48 players. According to the formula, each of these players would receive ($1,580 / 48) / 2 = approximately $16.46, which is greater than the $10 entry fee.
In this scenario, the distribution mechanism ensures that the top performers are rewarded for their skill and engagement, while the rest of the winning bracket also receives a return on their entry, thereby promoting a satisfying tournament experience for a larger portion of participants.

To maintain the competitive spirit and fairness of our tournaments, Gaming Arcade has established guidelines for prize distribution in scenarios where the prize pool is lower than the number of games played. In such cases, the remaining pool amount, after deducting a 10% platform operations fee, is allocated to the top eligible players which are derived using a carefully formulated distribution method: [(Top Players / Entry Price)] / 2 This formula ensures that the rewards are equitably shared among the most successful participants.

Example:
Let's consider a tournament where 1150 games are played, but the prize pool is $1,000.
First, a 10% operations fee is deducted from the prize pool, which amounts to $100. This leaves $900 in the pool for distribution.
According to our formula and policy, the top 50% of players are usually eligible for the prize. In a tournament with 1150 games, this equates to the top 575 players.
For simplicity, let's assume the entry price per game was $1. Applying the formula, the reward for each top player is calculated as follows: [(575 / 1)] / 2 = 287.5
In instances where the number of eligible winners is a fraction, as in our case of 287.5, we round down to the nearest whole number.
Now, the top 287 players are eligible to receive rewards in the tournament.
In this scenario, despite the prize pool being smaller than the number of games played, the top eligible players receive a fair share of the rewards, ensuring a balanced and engaging tournament experience.