Aussie says that the average winning price is $8.60 which to me translates to close to a 10% strike rate for winners once the tab take of approx 16% is considered. This agrees with UB's test site which gives an overall win strike rate of 10.4%. Knowles says the overall strike rate is 17.5% and I have seen other widely varying values around. Can anyone with a reasonable database give a good value for average win and place strike rates? Actually I would love to see the corresponding standard deviations as well.

Is it that the average horse only wins one race in ten?