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
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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
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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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