Excel - non vba code - Calculate Prize Money by Place

Richard2542

Board Regular
Joined
Apr 27, 2017
Messages
102
Office Version
  1. 365
  2. 2013
Prizes are award to individual players by Flight; 5 places are paid, in the event of a tie, the prize money is distributed between the players and rounded to the nearest whole dollar amount; i.e., Player 3, 4 and 5 are tied for 2nd place – the prize award for 2nd place is $6, 3rd place is $5 and 4th place is $3 – the 3 players that are tied for 2nd place would each receive $4.66 or $5 each (thus eliminating 3rd and 4th place winners) – 5th place would receive a prize.
The player’s place has already been determined by using the RANK Function. And shows:
Player 1 – 1st place, Player 3 – 2nd place, Player 4 – 2nd place, Player 5 – 2nd place; Player 6 – 5th place
I need a non vba formula to calculate the winning prize $’s per winning player by Player Flight.
 

Excel Facts

Which came first: VisiCalc or Lotus 1-2-3?
Dan Bricklin and Bob Frankston debuted VisiCalc in 1979 as a Visible Calculator. Lotus 1-2-3 debuted in the early 1980's, from Mitch Kapor.
Something like this?


Book1
ABCDEFGH
1PlayerScoreRankPrizePrizesAmount
21100110110
32506026
43902535
54902543
65902551
768051
Sheet1
Cell Formulas
RangeFormula
C2=RANK(B2,$B$2:$B$7)
D2=IFERROR(ROUND(SUM(OFFSET($H$2,MATCH(C2,$G$2:$G$6,0)-1,0,COUNTIF($C$2:$C$7,C2)))/COUNTIF($C$2:$C$7,C2),0),0)


I'm not sure how Flight works into this. Do you have another column, say E, with a Flight number? Are the rankings by Flight number? Is the prize money the same for each flight?
 
Upvote 0
Eric...the rankings pertain to each flight - the flights are determined the by the player handicap and the same prize amount is distributed to players within each flight. I do believe that you have captured the essence of my problem with your example. I am very appreciative for this and will test the formula within my workbook over the next week...thanks so much.
 
Upvote 0

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