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No. That is not right, not even close.
Column I looks to be his expect return based on the dividends in Column K.
Column K is the actual betting market at the time with takeout incorporated.
For example look at Runner #2. He makes the horse 7/1 (12.5% win prob) and the market has a price of 8.3/1. This is a profitable play into the actual market.
There is no need for anything you have done. It is pointless busywork. But if you felt the need to do it Column L should have referenced Column J, not Column I as it (column J) is a comparison to the market probabilities with no takeout applied.
Last edited by iamt; 05-28-2023 at 09:16 PM.
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