Enter the percentage share bought, the total buy-in cost, and the markup percentage into the calculator to determine the total poker markup.

## Poker Markup Formula

The following formula is used to calculate the total markup paid by an investor in a poker tournament.

PM = BIC * (1+MP/100) * PS/100

• Where PM is the total poker markup paid by the investor (\$)
• BIC is the total buy in cost (\$)
• MP is the markup percentage (%)
• PS is the percentage of the winning bought by the investor (%)

## What is a Poker Markup?

Definition:

A poker markup is a premium paid by an investor that has bought a percentage of winnings of a player by buying a percentage of the buy-in.

## How to calculate Poker Markup?

Example Problem:

The following example outlines how to calculate the total paid by an investor in a poker player.

First, determine the total buy-in-cost. In this example, the buy-in-cost is \$10,000.00.

Next, determine the percentage of winnings the investor bought in. In this case, the investor bought 10% of the winnings.

Next, determine the markup percentage. The markup percentage for this investor is 15%.

Finally, calculate the total amount paid by the investor for the 10% of winnings.

PM = BIC * (1+MP/100) * PS/100

PM = 10000 * ((1+(15/100)) * (10/100)

PM = \$1,150.00