Re: Coming up with a Ranking formula for KotZ
Net amount of money won is great, but it does favor frequent players.
Another formula you might consider is
(average percentage of top pay out -
entrance fee/top payout)*Sqrt( number of games).
For example: Assume a player plays in four tournaments with an entrance fee of $1 and top pay out of $100. Assume that he win $10 in one tournament. Then his rating would be
( 2.5% - 1% )*Sqrt(4) = 3%.
|