So I will take off the max ping and I will see what happens. And the max rate if I read it coprrectly would be 128 X 8+=1024? That does not seem right.

Well, how many players are you going to have? If your upload is 128, I would suggest no more than 8. So, i'll give you an example. If you had 8 max players, and a 128 upload cap, your formula would look like this:

128 / (8 X 8) = 2

2 = 2000, it's to the nearest 1000th

So, if your answer came out 3.124, like mine, you round the maxrate to 3100.