Scoring System
The scoring system is designed to reflect your trading performance based on player stock price fluctuations driven by user activity. Here’s how it works:
Each player starts with an initial listing price, which is calculated using a predefined formula that works by taking into account various statistics of a player like Batting strike rate, bowling strike rate, etc.
A player’s stock price fluctuates based on trading activity
Example: If Virat Kohli’s current price is 100 Cx and a user places a buy order for 105 Cx, which gets matched with a sell order, the trade executes at 105 Cx. Now, 105 Cx has become the new stock price for Virat Kohli.
In short, the player prices dynamically adjust based on market activity, ensuring a fair and real-time trading experience.
Net Profit or Net Loss for Player in Portfolio = (Current Player Stock Price − Stock Buy Price) × Number of Stocks Held
Example:
If you bought 10 stocks of Virat Kohli at 500 Cx each and his price rises to 700 Cx:
Net Profit = (700−500) × 10 = 200 Cx
Conversely, if the price drops to 400 Cx: Net Loss = (400−500) × 10 = −100 Cx
Net Profit or Net Loss for Player in Portfolio = (Current Player Stock Price − Stock Buy Price) × Number of Stocks Held
Example:
If you own, 5 stocks of MS Dhoni at 800 Cx each and 10 stocks of Hardik Pandya at 120 Cx each.
Your portfolio value is:
(5 × 800 Cx) + (10 × 120 Cx) = 5200 Cx
You can sell stocks at any time to lock in profits or minimize losses. Profits from selling stocks contribute to your winnings and available funds in the wallet.
Example: If you sell 5 stocks of a player at a profit of 20 Cx per stock, you will earn 100 Cx
CricX isn’t about luck like other fantasy leagues. Your success comes from spotting a player’s potential. Even on a bad day, you won’t lose money if they have long-term potential.
Bengaluru, Karnataka, India
+91 9811785566
support@cricx.co.in
Disclaimer: This platform is not affiliated with, endorsed by, or associated in any way with any international, national, or domestic sports bodies or franchises, including but not limited to the International Cricket Council (ICC), the Board of Control for Cricket in India (BCCI), or any other leagues or teams.
This is a skill-based platform that involves an element of financial risk. Please trade responsibly at your own discretion. Participation is at the user’s sole risk.
