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Old Jan 12, 2006, 04:22 AM // 04:22   #1
Frost Gate Guardian
 
Join Date: Feb 2005
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Default Analysis of Tai Pei trip [America]

Expected Prize Earnings
20% probability of first place*:
.20($50000/8)=$1250
40% probability of second place finish*:
.40($25,000/8) = $1875
30% probability of 3rd or 4th place finish:
.3($10000/8) = $375
10% probability of 5th or 6th place finish:
.1($2500/8) = $31.25
-------------------------------------------
Expected Earnings/person in TaiPei: $3531.25 (*Assuming [WM] is clear favorite to win)

Expenses
Cost of Guild Wars Game 6 months ago: $50.00
Plane Ticket to Tai Pei for 7 days: $1000
Passport: $100
Lodging, Single Occupant: $600
Entertainment, Living it up: $400
Food: $200
-------------------------------------------
Total Expense: $2350


Expected Prize Money from Taipei Trip Less Expenses and .30% Capital Gains Tax: .70($3531.25-$2350.00) = $827.00;


Not bad for playing a video game. Of course the press coverage and playing for your country are priceless. Now go bring home first place and spend that money here in America.
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Old Jan 12, 2006, 04:26 AM // 04:26   #2
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Guild: Fifteen Over Fifty [Rare]
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Unfortunately for your calcuations, Anet pays for travel expenses also.
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Old Jan 12, 2006, 05:49 PM // 17:49   #3
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Join Date: Sep 2005
Location: Boston
Profession: N/W
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I would say fortunately for his calculations. since now they get even more money.

I now wish I had tried harder to get into a better guild though. ah well
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Old Jan 12, 2006, 11:37 PM // 23:37   #4
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Join Date: Aug 2005
Guild: Black Rose Gaming
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Also not every country has a capital gains tax.
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