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Calculating purchase amount when buying stake/action
Calculating purchase amount when buying stake/action
T
Written by Tech
Updated over a year ago

First, calculate the Total Buy-in as follows:
Buy-in + Fee + Bounty (if applicable) = Total Buy-in
Then input the Total Buy-in into the following formula as follows:
(Total Buy-in / 100) * Markup * Share % = Total Purchase Amount of Stake

For example:
Total Buy-in = $23.75 Buy-in + $1.25 Fee = $25
Markup = 1.4
Action bought is 10% out of 45% of a particular player's shares.

Then the calculation will be as follows:

Total Purchase Amount of Stake = (25 / 100) * 1.4 * 10 = $3.50

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