Nothing you do is self explanatory, and all the columns in the world doesn't fix that you don't understand what you're presenting.
Column K is the actual win dividends for the race. These are net of takeout.
Column G is Benter's probabilities
Column H is the win prices normalised to create a probability form the market. (it doesn't serve much purpose other than to exist and show the differences to Benter's
Column I is the expected return based on Benter's probabilites for a $1 investment on each runner into the Win Dividends (again this is net of takeout).
At this point (as Benter Did) everything can end. There are four runners that a $1 investment placed into win market would produce an expected profit.
Again (with a bit of rounding for Benter's prices):
Benter, The Actual Win Dividends Net of Takeout:
2: 7/1, 8.3/1
5: 14/1, 18/1
8: 6/1, 8.2/1
9: 50/1, 59/1
Four profitable plays......
Last edited by iamt; 05-29-2023 at 12:33 AM.
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