Author Rating Calculation on Oracula

In our last article, we looked in detail at how a player’s rating is calculated. Let’s now go deeper into calculating the author’s rating, where:

Unique bet — the first bet of the participant of an event

Actual event — an event the outcome of which is not yet resolved, but has already approved by the moderators

avg_sum_bets — average total bets of all current events at the moment of event completion

avg_amount_bets — average amount of unique bets on all actual events at the moment of event completion

sum_bets — total bets on the author’s event

amount_bets — amount of unique bets on the author’s event

avg_rating — average rating of the website, calculated as the arithmetic average of all users’ ratings

current_rating — current rating of the event’s author is set in 1000 after the resolution to the first event

  • Formula for calculating the rating of the author of an event:
  • Formula if res_coef > 1 and the current_rating < avg_rating:
  • Formula if res_coef > 1 and the current_rating > avg_rating:
  • Formula if res_coef <= 1 and the current_rating < avg_rating:
  • Formula if res_coef <= 1 and the current_rating > avg_rating:

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