Online T20 Cricket Management Game | Hitwicket
Online T20 Cricket Management Game | Hitwicket

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Playing U20?? In Profit or Loss

Sunil_Singh (InsomniacS)
76 months ago
Its U20 6 fever all Over......



I have 5 bowlers eligible for that......And I am so excited to play the tournament.....Started seaching for batsmen and WK to complete the team.....
But I am confused as to what skill level batsmen and WK I should buy??Higher skill means u pay higher






So, I just tried to analyse why I should play the tournament.Answers were:
1. Earn Experience for my players who will be long term in the team
2. Earn money by participating in the toruney
3. Earn money by Winning matches
4. Earn money by coming in the the top 4
5. More matches so more fun

Other than Experience for my players and fun rest all reasons were to earn more money......So how much money will I earn by playing the tourney?And If I invest in batsmen and wk will I be able to earn that moeny back from the tourney.

So It was very important for me to find out whether playing the tourney is a 'SMART INVESTMENT' or a 'LOSS'


Well, I am not sure whether I suceeded in finding that out.......Why don't u decide yourself by doing this simple calcualtions?

I just know that to know this there is simple formula


Profit or Loss = Earnings - Investment

Note : People may calculate ROI(return on investment) but will be in % and will be tough to judge as not every one will invest the same amount of money.

So, What can be your earning and how much?




1. Earn money by participating in the toruney - For every match u play u get 200K
2. Earn money by Winning matches - For every match u win u get 250K
3. Earn money by coming in the the top 4
  • 15M for the winner.
  • 10M for the runner-up.
  • 7M for 3rd place.
  • 5M for 4th place.


So what can be your Investment and how much?





1. Investment on Long term players(Players you are training for long or will keep for a long term in your team) :
This will be nil bcos they will be playing in your main team already....Even they are not eating your money as salaries as playing for league matches

2. Investment on players for Short term(Players you are buying esp. for playing U20)
You investment will be
a. How much price you pay to buy them - How much price approx. you sell them later
b.Their salaries from the day u buy them to the day u sell them

So, for my case lets calculate playing U20 will be 'Profit or Loss'



I am assuming that I will not reach the knock-outs......
So will play only seven matches(i dont know how many matches this year but assuming) and win atleast 3 out of 7

So, Earnings will be 200*7=1400K + 3*250 = 2150K

Coming back to the original querry:
"But I am confused as to what skill level batsmen and WK I should buy??"

I need to buy the 6 players :
If i buy players 6 players total of 1500K,pay them total 300K salary till sell them and are sold back in total 200K

So, I invested = 1500+300-200=1600K

So, my Profit or loss will be

2150-1600 = 550

Finally I am in min. profit of 550K..........What about you??



Regards,
Sunil Singh

Team





NOTE : THE INTENTION OF THIS POST IS NOT TO MAKE ANYONE REALIZE THEY ARE DOING OR DID ANY MISTAKE...THIS IS PURELY FOR PPL WHO WANT TO CHECK FINANCIAL ADEQUACY


Comments

kunjumani
75 months ago
Marked as spam, points have been deducted accordingly. Show Comment
kunjumani
75 months ago
Marked as spam, points have been deducted accordingly. Show Comment
kunjumani
75 months ago
Marked as spam, points have been deducted accordingly. Show Comment
PrInCe VYas (maxwell titan kings)
75 months ago
It is profit
kunjumani
75 months ago
will get experiance for playins by playing this
PrInCe VYas (maxwell titan kings)
75 months ago
Marked as spam, points have been deducted accordingly. Show Comment
PrInCe VYas (maxwell titan kings)
75 months ago
Yaa players will get experience
Sunil_Singh (InsomniacS)
75 months ago
Yes kanjumani
PrInCe VYas (maxwell titan kings)
75 months ago
Marked as spam, points have been deducted accordingly. Show Comment
PrInCe VYas (maxwell titan kings)
75 months ago
Sunil you are in which league

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