Star Power


Stock - Probability Game Promotion

If you would like to add secondary prizes to your promotion (in addition to the insured Grand Prize), please use the following formulas to determine your secondary prize payouts. These prizes are paid by your company/organization. You may choose to add a policy called "over-redemption" insurance. This policy covers any prizes above what probability states will occur. The approximate cost of over-redemption is about 10% of the prize values. Email or call 708.488.8300 for a quote.


Prize Level
Qty
X
Odds
X
Prize
=
TOTAL
Grand Prize (6 out of 6 stars) - Grand Prize(s) Paid by WP's Underwriter
1st (5 out of 6)
Qty of each prize
X
0.000093
X
Prize amount
=
TOTAL Expected Secondary Prize Costs
2nd (4 out of 6)
X
0.00333
X
=
3rd (3 out of 6)
X
0.0416
X
=
4th (2 out of 6)
X
0.2
X
=
5th (1 out of 6)
X
0.5
X
=
6th (0 out of 6)
X
0.333
X
=