Gunny

I love Karen Knowles too but only when she was on Young Talent Time.

Put this in Excel

=LN("Number of races")/-LN((1-"Strike rate as a decimal"))

For a 35% strike rate over 10000 races

=LN(1000)/-LN((1-0.35))

Longest out would be 21.38

Sorry missed a zero

=LN(10000)/-LN((1-0.35))

22% strike rate on 1 factor alone really does go to show whats important to developing a winning system.

And considering Malcolm tests over hundreds of thousand of races.

Cheers
darky

Thanks very much, much appreciated!!

Yes Darky, realistic gamblers need to be familiar with the theory of probability and large numbers. I cannot understand people gambling on gold lotto which has a probability of winning first division equal to 0.000000 correct to 6 decimal places (1/83,000,000). Apparently, anyone who drives to buy their ticket is twice as likely of having a fatal road accident!
gunny72

Yes, but what are the chances of that happening if you purchase your ticket online?


:D

Cripe Ocho,
Thats Flash Punting .
Online indeed.