W. Benter’s paper, “Computer Based Horse Race Handicapping and Wagering Systems:

[iamt]

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......

[headhawg]

Originally Posted by iamt

No. That is not right, not even close...

There is no need for anything you have done. It is pointless busywork..

He obviously doesn't care that it's pointless; all of his "research" is, what with moving goalposts and obvious errors. In fact, I think he gets off when people call him out on his mistakes so he can post a reply and up his post count.

[formula_2002]

Originally Posted by iamt

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......

All my extended columns are , as you are, correct. My conclusion was not. There are 4 profitable plays. Thank you for your time and effort.

[davew]

OMG, you should sell those 3 books on amazon and realize your gain.