WHAT IS MARKUP?
Ethan Brandenburg avatar
Written by Ethan Brandenburg
Updated over a week ago

Markup is the premium, or "fee", that a person charges for their time, knowledge, and experience when participating in an event. This concept is similar to the way that any other skilled professional charges for their services. There are several different factors that go into the calculation of markup, including how many participants are in the event, how skilled those participants are perceived to be, the buy-in amount, and the estimated size of the prizepool. In addition, markup is a percentage (%) that is displayed as a decimal.
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Example: If a player is selling at 1.15 markup, that would be a 15% premium added to the cost of the event entry. Using a $100 buy-in event for this example, a 1% stake at no markup (1.00) would cost the buyer $1. This same piece at a 1.15 markup would cost $1.15.

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