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
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