
8th May 2013, 09:57 AM
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Member
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Join Date: Jan 2012
Posts: 282
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Win and Place Pools formula
Fine tuning part of a selection method, how to determine amount of money on each runner.
Is this simply dividing the Current Win Pool by Odds on offer ?
Win Pool: $100,00.00
TAB: 1: Win: $4.50
is the formula:
100,000.00 / 4.50 ?
= 22222.22222
or are there other considerations such as TAB take Etc ?
Thanks
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