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Originally Posted by Some_One
A couple of examples assuming using the final Show% totals (I know it'll be slightly different when making the bet at 2 MTP, but I only have final data).
First the SB CT Classic where SB ran out with 89.8% of the show pool, if you proportional bet to show based on the final percentages, returned a loss of 16%.
Secondly, AP's Ark Derby where AP won with 73.8% of the show pool returned a loss of 5%
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Both of these examples, the favorite does not have enough money bet on it. You need a large enough negative show pool for it to work. You probably need the favorite to have about 95% of the show pool.
I used to have a spreadsheet that calculated show prices, although it was not 100% accurate due too unknown factors that affect net pool wagering prices. If I can find it I could play around with it and see when proportional betting would work.
