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Thread: Purse Value
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Old 02-24-2014, 11:32 PM   #7
mkkash
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Join Date: Nov 2013
Posts: 42
Quote:
Originally Posted by Errol
I'm trying to remember the formulae for figuring the average purse value a horse has been racing for.

Example: Eleven starts this year and earned $42,690.
42,690. divided by 11 = 3881 per race.

But I want to know the average purse size.

The horse has:
2 wins; 1 place; 4 shows & 3 4th place finishes.

There is a factor for each 1st, 2nd, 3rd & 4th place finish which Divided into the $42,690 will give the average purse size the horse was running for. This was a powerful factor years ago (no it did not make a flat bet profit).

I will appreciate any help thank, you so much.

Vaya Con Dios
Errol
The total is 10 not 11 so divide the total prize money by 10.

MKK
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