[errolgibbs]

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

[str]

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

Rarely will a horse run for the same purse each time.
There really is no set formula.
If the horse ran through it's conditions in a typical progression , the 1st win was probably far less than it's 3rd or 4th win. But... the horse could have made more money finishing 3rd than in the wins depending on the type of race it ran in.
It is impossible to guess the correct answer.
The horses form usually shows the purse they run for.
Rule of thumb is 60%, 20%, 10% , 5% of purse distribution for the first 4 finishers.
I will need more info to break it down better than that.
Hope that helps.