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-   -   Adjusting Prices (http://forums.ozmium.com.au/showthread.php?t=13582)

Shaun 27th May 2006 01:09 PM

Adjusting Prices
 
I need information on adjusting prices after scratchings, if you were using the pre-post paper market how would you adjust the price if the fav was removed before the race

jfc 27th May 2006 01:43 PM

If your actual odds are in Column A

Then the "normalised to 100%" odds can be shown in Column B as

=A1/COUNT(A:A)*HARMEAN(A:A)

(replicating for all runners)


Simply delete any scratchings at any time and the thing will still work.

Shaun 27th May 2006 02:51 PM

Can i set that to any % market i i need it to replicate the Tab or Bookie market

jfc 27th May 2006 03:15 PM

Quote:
Originally Posted by Shaun
Can i set that to any % market i i need it to replicate the Tab or Bookie market



simply multiply/divide that expression appropriately:

eg: divide it by 1.20 if you want to frame to a 120% market.

Shaun 27th May 2006 03:35 PM

Thanks mate works a treat

Bhagwan 29th May 2006 07:36 AM

Go to
Ozracetools

There is a free market reframer program there which can be set to any percentage.
Plus some other punting tools.

Cheers.


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