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How Much is the ChipGuide Worth?

I have been asked how much the ChipGuide is worth in the past and thought it would be a good time update the answer. First, something is only worth what someone is willing to pay for it and so far no one has asked to buy it. But, I can calculate approximately how much it would cost for someone to build the ChipGuide:

Items on the ChipGuide: 347,566
Average time to process an item (for both submitter and Admin): 5 minutes (could be more or less, but on average)
Total time to process items: 1,737,830 minutes or 28,964 hours
At $20/hour, that would be: $579,280

Casinos on the ChipGuide: 33,081
Average time to process an item (Admin): 5 minutes (could be more or less, but on average)
Total time to process items: 165,405 minutes or 2,757 hours
At $20/hour, that would be: $55,140

Website Development Time: 3,000 hours @ $50/hour: $150,000 (database design and programming, 17 years)
Website Development Costs (software licenses and server): $20,000 (over 17 years)

Totals
Process Items - $579,280
Process Casinos - $55,140
Website Programming - $150,000
Website HW & SW - $20,000
Total - $804,420

No one was paid for their work, it was all done on a volunteer basis. But, if someone were to buy (or just take?) the ChipGuide content, this is how much "value" they would be getting.

Messages In This Thread

How Much is the ChipGuide Worth?
Offer to buy enclosed
Re: How Much is the ChipGuide Worth?
Re: How Much is the ChipGuide Worth?
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