OZmium Sports Betting and Horse Racing Forums

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- - Odds (http://forums.ozmium.com.au/showthread.php?t=15530)

Benny

4th March 2007 04:04 PM

Odds

Can someone please help? I'm trying to work out the place % at a quater the win odds for different prices from $2.00 to $10.00.

Is there a formula that i can use.

benny

AngryPixie

4th March 2007 04:17 PM

For a field of 8 or better

100/(((Win price-1)/4)+1)

eg 100/((($2-1)/4)+1) = 80%

Use this as a rough guide only as the price is rarely a quarter of the win price

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