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#1
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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 |
#2
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Puntz
I'm fairly sure that the TABs show the gross pool figure so your calc should be correct. |
#3
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Quote:
It would have to be a nett figure to be correct. To be sure ring them and get it from the horses mouth. |
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