How can I calculate the cutoff for a given payout structure?

M

Mike_25

Guest
For payout structures where prizes are given to a set number of finishers, the cutoff determines which players qualify for those prizes. To calculate the cutoff you must know two things: the total number of prizes and the total number of entries. Take the number of prizes you want to award and divide that by the total number of entries. This gives you the percentage of players who will get prizes. Then multiply that percentage by the total entries to get the cutoff number. Any player at that position or higher will qualify for a prize.
 
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