28th May 2007, 02:35 PM
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Member
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Join Date: Dec 2006
Posts: 33
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Quote:
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Originally Posted by savage
Hi Burrah
The way I came up with $1.2 was adding up 20 strikes & dividing by number of races multiply by 2
I agree that it is very aggressive.
Can you tell me how to establish a proper divisor?
Thanks
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Add up your twenty winner odds, then divide by 20 to give you your average decimal odds.
Then divide those 20 winning races by the total number of races, this will give you your strike rate.
Then convert your average decimal odds into a percentage chance.
(1/decimal price) x 100 = % chance
Worked example: 2.50
1/2.50 x 100 = 40%
hopefully your strike rate and percentage are close.
Generally the divisor is 6 or if you want a less agressive divisor make it around 12
1.2 x 5 = 6
2.5 x 4 =6
3 x 2 = 6
3.5 x 2 = 7
1.10 x 10 = 12
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