Players who want to sell stakes/actions, including multiple re-entries into a tournament, must use Multi-Entry Staking.
Multi-Entry Staking will use Share Dilution to share the prize with buyers when there are additional entries.
The buyer's share will be diluted depending on the number of re-entries of the seller. For example, If the buyer initially bought 20% of the share, and the seller re-enters after getting knocked out, increasing the seller’s total entries to two entries, the buyer’s share will be diluted to 10%. In the case of a third re-entry, the buyer's share will be diluted to 5%.
Bounty Payments will be determined according to the final share dilution. Bounty Payments shares will be paid out when the seller is eliminated or wins the Bounty Tournament.
Sellers' selling their action with the Multi-Entry Staking option enabled will have an icon displayed, and will be sorted to the top of the list for more visibility.
Formula:
(Original Stake / Tournament Buy-in * Markup)
Example:
A Seller enters a $100 Buy-In with 1.5x Markup. A Buyer stakes $75.
After three subsequent knock-outs and re-entries, the staking percentage would look as follows:
$100 Buy In and 3 Re-Entries (+$300)
- Original Equity: 75 / (100 * 1.5) = 50%
- Post Dilution Equity : 75 / (400 * 1.5) = 12.5%