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# Example of Money Sharing in New Payment System

An example of how money is shared on Confirmets is shown below.

Assuming Confirmbets has

100 Basic Subscribers who paid, for example, \$20 for subscription (= \$2000) and

100 VIP subscribers who paid, for example, \$40. (= \$4000)

We will assign 40% of Total basic plan (\$2000) = \$800 to be shared with top gurus of the 1.5 and 2.5 odds challenge across the month.

We will then assign 40% of Total VIP plan (\$4000) = \$1600 to be shared with top gurus of the 1.5, 2.5 and 4 odds challenge across the month.

Total daily pot from Basic subscribers will, therefore, be = (\$800/30 days) \$26.67 while

Total daily pot from VIP subscribers will, therefore, be = (\$1600/30 days) \$53.33.

Since Basic Payment is shared between only the 1.5 and 2.5 odds category, we will split the daily pot into 2 – i.e. \$26.67/2 = \$13.33

And since VIP Payment is shared between the 1.5, 2.5 and 4 odds category, we will split the daily pot into 3 – i.e. \$40/3 = \$17.78

We will now add both amounts to give the total amount available to the top performing experts per category.

1.5 Odds category daily pot = \$13.33 + \$17.78 = \$31.11

2.5 Odds category daily pot = \$13.33 + \$17.78 = \$31.11

4 Odds category daily pot = \$17.78 (because no money is allocated from basic subscribers for 4 odds)

Using our sharing formula, this will mean:

1.5 Odds Top performing experts will get

• First Position (30%) = 30% of \$31.11 = \$9.33 every day an expert’s prediction is selected.
• Second Position (25%) = 25% of \$31.11 = \$7.78 every day an expert’s prediction is selected.
• Third Position (20%) = 20% of \$31.11 = \$6.22 every day an expert’s prediction is selected.
• Fourth Position (15%) = 15% of \$31.11 = \$4.67 every day an expert’s prediction is selected.
• Fifth Position (10%) = 10% of \$31.11 = \$3.11 every day an expert’s prediction is selected.

2.5 Odds Top performing experts will get

• First Position (30%) = 30% of \$31.11 = \$9.33 every day an expert’s prediction is selected.
• Second Position (25%) = 25% of \$31.11 = \$7.78 every day an expert’s prediction is selected.
• Third Position (20%) = 20% of \$31.11 = \$6.22 every day an expert’s prediction is selected.
• Fourth Position (15%) = 15% of \$31.11 = \$4.67 every day an expert’s prediction is selected.
• Fifth Position (10%) = 10% of \$31.11 = \$3.11 every day an expert’s prediction is selected.

4 Odds Top performing experts will get

• First Position (30%) = 30% of \$17.78 = \$5.33 every day an expert’s prediction is selected.
• Second Position (25%) = 25% of \$17.78 = \$4.44 every day an expert’s prediction is selected.
• Third Position (20%) = 20% of \$17.78 = \$3.56 every day an expert’s prediction is selected.
• Fourth Position (15%) = 15% of \$17.78 = \$2.67 every day an expert’s prediction is selected.
• Fifth Position (10%) = 10% of \$17.78 = \$1.78 every day an expert’s prediction is selected.

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