How to calculate prize money when there are ties?

touque

Board Regular
Joined
Jan 22, 2009
Messages
107
I am making a golf tournament pool and I am using the prize money for our points. I have listed the prize money for each position but there are always ties.
there are 53 golfers from row 2 to 54.
i have the positions (1 to 53) listed in column K (K2:K54)
Position amounts (1st to 53rd) listed in column L (L2:L54)
score for the player in column M
calculated rank in column N (which is correct)
and the supposed money for the golfer in column O (O2:O54)

I had a sheet from a couple of years ago and the function worked great but this year it is not. Every golfer has a lower amount.
 

Excel Facts

How to find 2nd largest value in a column?
MAX finds the largest value. =LARGE(A:A,2) will find the second largest. =SMALL(A:A,3) will find the third smallest
Here is the function I have right now. I dont get errors but all amounts are lower than what they should.

=IFERROR(AVERAGE(OFFSET($L$2,MATCH(N4,$K$2:$K$54,0),0,COUNTIF($N$2:$N$54,N4),1)),0)
 
Upvote 0
Timely question. The player order is current for the Masters; the scores are made up.

A​
B​
C​
D​
E​
F​
G​
1​
Name
Score
Rank
Prize
Place
Prize
2​
Patrick Reed
197​
1​
$1,980,000.00​
1​
$1,980,000​
3​
Rory McIlroy
201​
2​
$1,118,800.00​
2​
$1,118,800​
4​
Jon Rahm
202​
3​
$748,000.00​
3​
$748,000​
5​
Rickie Fowler
203​
4​
$528,000.00​
4​
$528,000​
6​
Tommy Fleetwood
204​
5​
$418,000.00​
5​
$440,000​
7​
Bubba Watson
204​
5​
$418,000.00​
6​
$396,000​
8​
Henrik Stenson
205​
7​
$368,500.00​
7​
$368,500​
9​
Marc Leishman
206​
8​
$330,000.00​
8​
$341,000​
10​
Cameron Smith
206​
8​
$330,000.00​
9​
$319,000​
11​
Dustin Johnson
207​
10​
$286,000.00​
10​
$297,000​
12​
Jordan Spieth
207​
10​
$286,000.00​
11​
$275,000​
13​
Justin Thomas
208​
12​
$253,000.00​
12​
$253,000​
14​
Justin Rose
211​
13​
$212,666.67​
13​
$231,000​
15​
Louis Oosthuizen
211​
13​
$212,666.67​
14​
$209,000​
16​
Jason Day
211​
13​
$212,666.67​
15​
$198,000​
17​
Matt Kuchar
212​
16​
$187,000.00​
16​
$187,000​
18​
Jimmy Walker
213​
17​
$170,500.00​
17​
$176,000​
19​
Bernd Wiesberger
213​
17​
$170,500.00​
18​
$165,000​
20​
Charley Hoffman
214​
19​
$154,000.00​
19​
$154,000​
21​
Tony Finau
215​
20​
$143,000.00​
20​
$143,000​
22​
Matthew Fitzpatrick
216​
21​
$127,500.00​
21​
$132,000​
23​
Adam Hadwin
216​
21​
$127,500.00​
22​
$123,000​
24​
Russell Henley
218​
23​
$105,600.00​
23​
$114,400​
25​
Si Woo Kim
218​
23​
$105,600.00​
24​
$105,600​
26​
Kevin Kisner
218​
23​
$105,600.00​
25​
$96,800​
27​
Satoshi Kodaira
219​
26​
$84,700.00​
26​
$88,000​
28​
Hideki Matsuyama
219​
26​
$84,700.00​
27​
$84,700​
29​
Francesco Molinari
219​
26​
$84,700.00​
28​
$81,400​
30​
Haotong Li
220​
29​
$74,800.00​
29​
$78,100​
31​
Daniel Berger
220​
29​
$74,800.00​
30​
$74,800​
32​
Paul Casey
220​
29​
$74,800.00​
31​
$71,500​
33​
Zach Johnson
221​
32​
$66,550.00​
32​
$68,200​
34​
Ryan Moore
221​
32​
$66,550.00​
33​
$64,900​
35​
Adam Scott
222​
34​
$62,150.00​
34​
$62,150​
36​
Jhonattan Vegas
223​
35​
$55,412.50​
35​
$59,400​
37​
Rafa Cabrera-Bello
223​
35​
$55,412.50​
36​
$56,650​
38​
Fred Couples
223​
35​
$55,412.50​
37​
$53,900​
39​
Bernhard Langer
223​
35​
$55,412.50​
38​
$51,700​
40​
Webb Simpson
225​
39​
$48,400.00​
39​
$49,500​
41​
Bryson DeChambeau
225​
39​
$48,400.00​
40​
$47,300​
42​
Branden Grace
226​
41​
$42,900.00​
41​
$45,100​
43​
Tiger Woods
226​
41​
$42,900.00​
42​
$42,900​
44​
Kiradech Aphibarnrat
226​
41​
$42,900.00​
43​
$40,700​
45​
Martin Kaymer
227​
44​
$37,400.00​
44​
$38,500​
46​
Xander Schauffele
227​
44​
$37,400.00​
45​
$36,300​
47​
Kyle Stanley
228​
46​
$34,100.00​
46​
$34,100​
48​
Doug Ghim
230​
47​
$31,900.00​
47​
$31,900​
49​
Tyrrell Hatton
231​
48​
$21,615.00​
48​
$30,140​
50​
Chez Reavie
231​
48​
$21,615.00​
49​
$28,600​
51​
Brian Harman
231​
48​
$21,615.00​
50​
$27,720​
52​
Phil Mickelson
231​
48​
$21,615.00​
$10,447,260
53​
Ian Poulter
232​
52​
$0.00​
54​
$10,447,260.00

The formula in D2 is

=IFERROR(SUM(INDEX($G$2:$G$51, C2):INDEX($G$2:$G$51, MIN(C2 + COUNTIF($C$2:$C$53, C2) - 1, ROWS($G$2:$G$51)))) / COUNTIF($C$2:$C$53, C2), 0)
 
Upvote 0
WORKED PERFECTLY! THANK YOU!
After looking at my original it looks like the top prize of $1.98M was not factored in! I have no idea why!
Thanks a million shg!
 
Upvote 0
I have a similar question as I am trying to calculate prize money for when there are ties but with a bit of variation. I have my prizes organized in rows, but also in columns depending on the number of players. As you can see I am only playing out the top 4 max, regardless of the number of players.

BCDEFGH
4​
PlyrsPurse1st2nd3rd4th5th
5​
1​
5​
5​
6​
2​
10​
10​
7​
3​
15​
15​
8​
4​
20​
15​
5​
9​
5​
25​
15​
10​
10​
6​
30​
20​
10​
11​
7​
35​
20​
10​
5​
12​
8​
40​
20​
10​
10​
13​
9​
45​
20​
10​
10​
5​
14​
10​
50​
20​
15​
10​
5​
15​
11​
55​
25​
15​
10​
5​
16​
12​
60​
25​
20​
10​
5​
17​
13​
65​
25​
20​
15​
5​
18​
14​
70​
30​
20​
15​
5​
19​
15​
75​
30​
20​
15​
10​
20​
16​
80​
30​
25​
15​
10​
21​
17​
85​
35​
25​
15​
10​
22​
18​
90​
35​
25​
20​
10​
23​
19​
95​
40​
25​
20​
10​
24​
20​
100​
40​
30​
20​
10​
25​
21​
105​
45​
30​
20​
10​
26​
22​
110​
45​
35​
20​
10​
27​
23​
115​
45​
35​
25​
10​
28​
24​
120​
50​
35​
25​
10​
29​
25​
125​
50​
35​
25​
15​
30​
26​
130​
50​
40​
25​
15​
31​
27​
135​
55​
40​
25​
15​
32​
28​
140​
55​
40​
30​
15​
33​
29​
145​
60​
40​
30​
15​
34​
30​
150​
60​
45​
30​
15​

Not every player will be present every week. What formula can I use for column D to have to below amounts correct?

ABCD
1 Name Score Place Prize
2Bob Barker
3Brandon Redmond653 $ 5.00
4Chris Wojciechowski621 $ 22.50
5Corey Selig
6Darrin Harrison653 $ 5.00
7Derek Evans621 $ 22.50
8Jack Dickman708
9Jacob Forsten708
10Johnny Cupp708
11Michael McGinnis
12Ryan Herzog696
13Shaun Adkins708
14Shayne Shroyer653 $ 5.00
15Thomas Cupp696
16Will Goeringer7412
 
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