Quote:
Originally Posted by fergwrx
Sorry for the lack of communication...The main reason this has not been paid out is because I am maxed out on stars xfer's which is where all the money is. Also, I dont know how to calculate the payouts.
I sold $19,545 on 2p2 and $10,455 on another site (PTP) the payouts are 2 competely different systems.
There was $22,100 in buyins and a cash for $32,653 in cashes. So, a $10,553 profit.
Here is the %'s owned....
pokerchap-6%
mobills- 5%
fitzcat-5%
NHFunkii-5%
jimmyc123-5%
tufat23-5%
George Lind III-15%
leemur-8.33%
How do I calculate these which were sold at 20% markup?
I just went and reread the first few posts in this thread where everyone was trying to clarify how the payouts would work. You seemed to know what was going on earlier, so I don't understand the confusion.
With that said, my interpretation of what you said (using your words earlier in this thread) it looks like you first owe everyone their stakeback (everything they sent initially) PLUS 83.33% of the profits ($10,553 x .88333 = $8794) adjusted according to their % share. So for example you would owe mobills everything he sent you initially + $439.70 ($8794 x .05).
I might be way off. There was a clusterfck of posts in the beginning trying to clarify this and it got a little confusing.
Hope that helps all parties involved. Best of luck.