How to Calculate TO WIN amount
The TO WIN amount is how much this position will pay out if it wins. The TO WIN amount is calculated using the quantity of the order and the odds / probability of the order. The simplest way to calculate this is take the quantity (staked amount) divided by the probability. For example:
Example Order Details:
Quantity (stake) | 100 |
Odds | -100 |
Probability | 50% |
TO WIN | $200 |
The Calculation:
Quantity / Probability = TO WIN AMOUNT
100 / 0.5 = $200
How to Calculate ESTIMATED EARNINGS amount
The EST. EARNINGS amount is the profit you will receive if this position results in a win. The EST. EARNINGS amount is calculated using the TO WIN amount, the quantity (staked amount) and the processing charge. For example:
Example Order Details:
TO WIN | $200 |
Quantity (stake) | 100 |
Earnings Before Processing | $100 |
Processing Charge | 1.5% ($1.50) |
EST. EARNINGS | $98.50 |
The Calculation:
(TO WIN - Quantity) * (1 - Processing Charge) = EST. EARNINGS
(200 - 100) * (1 - 0.015) = $98.50
The reason we call it 'Estimated' earnings is because not all positions will be subject to the processing charge. Read below for more information on the processing charge.
What is the processing charge
Processing Charge is a 1.5% charge on accepted, winning positions. These charges allow us to increase our charitable support to causes our community cares about, continue to process orders in our marketplace, instant deposit/withdrawals, wallet security and the growth of the community to provide more liquidity and higher payouts.
Each winning position will incur this charge throughout the month. Depending on your player tier level (freemium / premium), you are eligible for a processing charge rebate at the end of each month. The rebate will equal the amount of charges collected within your free limit. The free limits are based on your tier and are listed below:
Player Tier | Free Gross Earnings* | Maximum Rebate |
FREEMIUM - Free | $100 | $1.50 |
PREMIUM - Subscribed | $750 | $11.75 |
What are Gross Earnings?
Gross Earnings are the sum of earnings from all winning positions for a player in a single month.
Quantity | TO WIN | Processing Charge | Result | EARNINGS | Charged |
100 | 200 | 1.5% | WIN | $98.50 | $1.50 |
10 | 20 | 1.5% | LOSE | -$10 | $0 |
20 | 40 | 1.5% | WIN | $19.70 | $0.30 |
10 | 20 | 1.5% | WIN | $9.85 | $0.15 |
GROSS EARNINGS / CHARGED | $128.05 | $1.95 |
In the above example, the user's gross earnings (earnings of all winning positions) for the month were $128.05 and they were charged $1.95 on those positions. The rebate is calculated by taking the lessor of your maximum rebate or the total charge collected. Below are the rebates the user would received based on their tier
Player Tier | Maximum Rebate | Rebate Received |
FREEMIUM - Free | $1.50 | $1.50 |
PREMIUM - Subscribed | $11.75 | $1.95 |
*No Processing charges are taken on a losing position or positions that are unfulfilled that return to your wallet.