10th July 2012, 01:11 AM
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Member
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Join Date: Jan 1970
Location: Western Australia
Posts: 3,456
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With your second question your second option was correct, add up the prices of all your winners then divide this amount by the total wins.
Lets say i had 20 winners and there combined win prices equaled $80
$80/20 = average price $4.00
Some people will also remove the highest priced and lowest priced winner and divide the total remaining by 18 this would only need to be done if you had 1 large priced winner.
I think there is a formula for taking in to account the high and lower prices but i can't remember where i seen it.
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