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Racehorse TALK
Racehorse TALK » Racing Talk » Betting, Tips & Ratings » Topic: Head-to-Head Betting
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Author Topic: Head-to-Head Betting  (Read 215 times)
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dubbledee
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Original Post 2011-Sep-30, 04:32 PM

Several of the corporates and Betfair are now offering head-to-head betting, usually involving a couple of fancied runners.

Anyone got thoughts on the formula used to frame a HTH market using the win odds of the two contenders?

unsure
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jfc
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2011-Oct-01, 05:46 AM

Several of the corporates and Betfair are now offering head-to-head betting, usually involving a couple of fancied runners.

Anyone got thoughts on the formula used to frame a HTH market using the win odds of the two contenders?

unsure


The orthodox formula is:

=COUNT(A:A)/HARMEAN(A:A)*A1

An illustration of why that is wrong for virtually any type of multinomial contest is in my previous post.


The favoured runner will be an Under.
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Wenona
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2011-Oct-01, 09:00 AM

There's some posts about this going on in the Computer Calculations thread if anyones interested.
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dubbledee
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2011-Oct-01, 09:49 AM

Thanks, guys.
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monologue
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2011-Oct-01, 10:12 AM

The orthodox formula is:

=COUNT(A:A)/HARMEAN(A:A)*A1

An illustration of why that is wrong for virtually any type of multinomial contest is in my previous post.


The favoured runner will be an Under.


can you please hang on while I take my socks off.....they interfere with my counting. shy
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