GLOBAL POKER INDEX - WSOP 2014 | Page 36

HOW THE GPI FORMULA WORKS T THE GPI FORMULA he Global Poker Index (GPI) is the world’s leading authority on poker player rankings and results. Central behind the GPI is the revolutionary formula it employs to determine where players fall on the continually updated global leaderboard. The GPI tracks the results of every poker player in the world for the past three years, in qualifying tournaments with 21 or more entrants (speciality events and freerolls are not counted). It uses a unique set of formulas that take into account the age of the results, the difficulty of the field and field sizes. From this it generates the most accurate live tournament player rankings available today. Poker players receives a GPI score for every qualifying tournament they cash in. These scores fall into one of six time periods, each of which covers a half-year based on the tournament’s start date. These are called GPI Aging Periods. The sum of the player’s largest five scores for each of the two Aging Periods in the most recent year and their four largest scores for the four Aging Periods prior to that makes up their total GPI score. GPI SCORES ARE CALCULATED BY MULTIPLYING A BUY IN FACTOR, FINISHING FACTOR AND AGING FACTOR BUY-IN FACTOR Calculated by dividing the buy-in (US$ equivalent) by 1,000 MONEY MATTERS FINISHING FACTOR Calculated by dividing the field size by the player’s finishing position The Buy-In Factor is the GPI’s measure of relative difficulty, and it presumes that larger buy-in events draw a more skilled field. It’s calculated by dividing the US dollar equivalent of the buy-in (plus fee) by 1,000. This results in a Buy-In Factor of 1.0 for a $1,000 tournament, with Buy-In Factors being larger or smaller than 1.0 depending on whether the buy-in is larger or smaller than $1,000. This calculation uses a logarithmic function to take into account the fact that the incremental increase in the skill set of the field diminishes as the buy-in amount increases. For example, the percentage increase of the Buy-In Factor between a $1.5k event and a $2k event is much greater than the percentage increase between a $19.5k and a $20k event. All tournaments with a buy-in larger than $20k are treated as $20k events and all tournaments with a buy-in smaller than $400 are treated as $400 events. AGING FACTOR A multiplier that weights results by how recently they were played FIELD SIZE The GPI’s Finishing Factor measures how the player has performed relative to the rest of the field. It is calculated by dividing the field size by the player’s finishing position. This also utilises a logarithmic function to further refine the score. For the purpose of the Finishing Factor, any tournaments with a field size larger than 2,700 players will be treated as if the field was 2,700. RECENT RESULTS COUNT MORE The Aging Factor is a multiplier that gives more points to tournaments that have been played recently. This rewards both recent success and consistency over time. Each Aging Period has a different multiplier that is applied, and that multiplier decreases as you move back. The GPI tracks results over three years with six Aging Periods. Utilized together for every tracked player’s results, this patent-pending formula is what generates the GPI’s authoritative leaderboards. 36 Global Poker Index 2014 WSOP 36_HowGPIWorks_5dw.indd 36 19/05/2014 15:17