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Ken’s rating proposal - 635 people are now displayed

Posted By: Taper_Mike
Date: Monday, 30 December 2013, at 11:29 a.m.

In Response To: Ken’s rating proposal - 635 people are now displayed (Mr Majestyk)

Fair Buy-back Rate

The difference between a player’s equity at the initial draw, and his equity after losing in Round 1 of Main gives the amount of equity he has lost. This is the amount of equity he is repurchasing in a buy-back.

Equity( Lost ) = Equity( Initial Draw ) – Equity( After Losing Round 1 of Main )

The quotient of these two gives the fair buy-back rate:

Fair Buy-back Rate = Equity( Lost ) / Equity( Initial Draw )

I am sending you an example calculation I made a couple of years ago.

Mike

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