I need help managing rakes please. My league rakes 15% of all buyins, rebuys, and addons. We would like to split the total rake in the following manner:
$39.99 (one time) -- TD Software
10% of Remainder -- End-of-Season Points Leader
90% of Remainder -- End-of-Season Main Event
I would like the ability to display each of these separately, so my league members can see exactly where all the money is going. Should I just use one rake and split out the total somehow in the stats, or should I use a separate rake for each purpose? In either case could someone please help me with the formulas, and how to accomplish these goals?
The difficulty in this method is that while the TD does have a fixed rake, it's per-tournament and it sounds like you're raking into a season-long bucket. If you knew exactly how many tournaments there would be, you could set the Fixed Rake for each tournament to be $39.99 divided by the number of tournaments. Then you'd be sure to collect that amount by the end of the season. However, that's supposed to come out of the 15% of all buy-ins, rebuys, and add-ons, which you can't really know ahead of time. So, I'd say you're likely going to need to do some math to calculate this stuff, and not separate rakes.
You could co-opt the Overall Scores columns to calculate this, but the rows on the Stats columns are meant to be per-player, so it looks funny. For example, I configured the Stats page to show the Overall Score 2 and Overall Score 3 columns, then renamed the Overall Score 2 column to "End-of-Season Points Leader" and Overall Score 3 column to "End-of-Season Main Event". In my Stats Profile, I set the Overall Score 2 formula to
(allTotalTotalRake - 39.99) * .1 and the Overall Score 3 formula to
(allTotalTotalRake - 39.99) * .9. This shows the correct values (I think), it's just that it shows the same values on every line of the stats.
I would also like to host a knock-out tournament later in the season. I want the house to contribute (from the rake) $5 for each player who buys in to the knock-out tournament. I am thinking that I should add $5 to the buyin cost and then add $5 for each player to the house contribution. Can TD add a per-player house contribution, or do I have to do this manually by multiplying the number of players by $5 myself and then entering that amount into the house contribution field? In either case, how can I have this house contribution subtracted from the total rake so that it will be reflected in the stats?
Thanks a bunch for your help with this, and thanks for developing the best poker league management software on the market!
Hmmm... so, you're raking but then turning around and adding [at least part of] that rake back into the pot? It definitely will have to be manual, because the House Contribution is a scalar value only - not a formula of any kind. I'm wondering where this will show up that matters. If you just
don't add $5 to the rake and
don't set the House Contribution field, you'll get the same results (and the correct rake will be there for stats). That leaves only the House Contribution field itself. Are you displaying that to players somewhere? If so, you can always just mock-up your layout to display "House Contribution" of whatever you want. In fact, you can use an
<expression> token to add it in real-time, like this:
<nobr>House Contribution: <expression text="buyins * 5" format="money" precision="2"></nobr>Does that work?