Here's the formula for Place "Expectation". "Wi" is the amount bet on the horse to win and "W" is the amount in the Win pool. "Pi" is the amount bet on the horse to place and "P" is the amount in the Place pool. Of course, you work from inside each pair of parenthesis outward.
Last edited by mick; 07-11-2018 at 03:43 PM.
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