MULTI-DAY EVENT STAKING (WHAT IS ADJUSTED STACK MARKUP AND HOW IS IT CALCULATED)?

In multi-day events, where players can play more than one Day 1 event and bring their biggest stack forward to the Final Day, or where they can bring multiple Day 1 stacks forward to the Final Day. This is where you will find 'Adjusted Mark-up.'

WHY IS THE MARKUP ADJUSTED?

As players are selling their action midway through an event, every player's stack size will be different, with those at the head of the field having an advantage over those players with a smaller stack. This is where Adjusted Mark Up comes in. Adding a premium to players whose stacks are larger. Please note that you can only sell action on a Final Day if your starting stack is larger than the original starting stack for the event.

HOW DOES IT WORK?

There is a formula to calculate the adjusted markup, which makes it fair for all players and increases exponentially the more chips you have relative to the original starting stack in the tournament.
The formula here is (Final Day Chips/Day 1 Starting Chips) = Adjusted Stack Markup

The example in the image below is for a $500 entry event where the player started with 25,000 chips and has 420,000 chips after Day 1. He is only selling 10% on StakeKings allowing backers to purchase the action with no additional markup added to it. The calculation for this adjusted stack markup package breaks down like this:

16.8 is the adjusted stack markup
16.8 ($500 entry fee) (1.0) = $8400
This means that every 1% at no markup would cost $84

CAN A PLAYER ADD MARKUP ON TOP OF THE ADJUSTED STACK MARKUP?

Yes, a player could hypothetically add additional markup to the adjusted stack markup, however we strongly advise players from doing this in order to provide complete transparency on the adjusted stack markup that is listed. At this time it will be rare for you to see an adjusted stack markup with additional markup applied to it on StakeKings.

Here is a brief example of how this would work:
If the player sets their markup to 1.5, you would need to multiply the adjusted markup by 1.5 to get this player's true cost of buying action.
So if this were a $100 buy-in event with an adjusted stack markup of 43.81, to buy 1% ($1) of the player's final day action would cost $1*(1.5 markup*43.81) = $65.72 per $1 of action