Quote:
Originally Posted by that_anon_pgc
That link of the formula doesnt work for eu Luke
Roll Forward (No Players in the Money)
If a tournament is cancelled and we do a "roll forward" before the players are in the money, we refund each remaining player his tournament fee (and knockout bounty if appropriate), and then divide up the prize pool based on the following formula:
50% of the award pool is distributed evenly among all remaining players
50% of the award pool is distributed proportionally according to the chip count
Here's an example:
You were in a $33 ($30 entry +$3 tournament fee) buy-in tournament (with rebuys). There were initially 200 players, and with rebuys the total prize pool was $9000. Suppose at the time of cancellation there were 100 players remaining, and your chip count was 37,500. The total chips in play were 300,000.
Prize pool to be divided equally: $9,000.00/2 = $4,500.00
Prize pool to be divided based on chip count: $9,000.00/2 = $4,500.00
Your share in money equally divided: $4,500.00/100 = $45.00
Your share based on chip count: $4,500.00 x (37,500/300,000) = $562.50
Your tournament fee refunded: $3.00
Total money refunded to your account: $610.50
Note that if you bust out before the tournament is cancelled, you receive no refund.
When we do a "roll forward", all refunds are in cash (not T$).
Roll Forward (Players are in the Money)
When a tournament is cancelled, and players have already reached the money, we refund each remaining player his tournament fee (and knockout bounty if appropriate), and then divide up the prize pool based on the following formula:
Each player receives the minimum prize not yet awarded at the time of cancellation
The remainder of the award pool distributed is distributed proportionally according to the chip count
Here's an example:
When the tournament was cancelled, there were 15 players remaining, and your chip count was 37,500. The total chips in play were 300,000. The remaining prize pool was $11,000.00 and the minimum prize was $250.00.
Prize pool to be divided equally: $250.00 x 15 = $3,750.00
Prize pool to be divided based on chip count: $11,000.00 - $3,750.00 = $7,250.00
Your "minimum prize" share: $250.00
Your share based on your chip count: $7,250.00 x (37,500/300,000) = $906.25
Your tournament fee refunded: $3.00
Total money refunded to your account: $1,159.25
Note that if you bust out before the tournament is cancelled, you receive no refund of your entry fee. Of course, if you placed in the money before the tournament was cancelled, you keep that money.