31st October 2004, 01:45 PM
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Banned
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Join Date: Jan 1970
Posts: 879
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Quote:
On 2004-10-30 18:07, woof43 wrote:
Hi
In greyhound racing its very important not only to find avg. time but also the Standard Deviation for each dog, then you can use the Normdist within Excel to formulate your probabilities.
All you would need to do is know the avg win time for that grade an track an use that as the Mean figure in the formula.
I prefer to use Monte Carlo simulations as i invest in exotics as well as win/place.
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hi woof43, dont suppose you could advise where one might be able to obtain the average grade win times you mention.
thanks if you can
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