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Thread: Purse Value
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Old 02-25-2014, 09:06 PM   #15
mkkash
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Join Date: Nov 2013
Posts: 42
You Got IT Right

Quote:
Originally Posted by Errol
I knew I was wording my request wrong.
I know the approx distribution.

There are factors for each win, 2nd, 3rd and 4th. You multiply each win, 2ed etc. total the factors and divide (or multiply) the total into the total winnings for the year or both years.

The result is the approx value the horse has been running purse wise.

And yes, I believe the Kelco Class Calculator used a similar algorithm.

Vaya Con Dios
Errol
Let's try this:
AVERAGE PURSE VALUE: Using the purse distribution formula (.60 x wins, .20 x seconds, .12 x thirds and .06 x fourths OR local circuit purse payout percentages times earnings)

Let us know how it works.

MKK
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