Odds movement calculation help
I have brain freeze
and internet search freeze thus my apologies in advance. Would any of forum members be kind enough to show me the calculation for odds movement either steaming or drifting
3/1 into 6/4 as a percentage move is? HELP
8/1 out to 20/1 as a percentage move is? HELP
I just can not think and would be extremely grateful for help. Many thanks.
I think what you're looking for are the
Pct = 100 / (odds + 1)
3/1 = 100 / (3 + 1 ) = 25%
2/1 = 100 / (2 + 1 ) = 33%
3/2 = 100 / (1.5 +1)= 40%
So, a horse who was bet down from 3/1 to 3/2 would see an
in percent of pool of 15% (i.e. 40 - 25 = 15).
Hope this helps.
Many thanks thats exactly what I was looking for. Many thanks for replying it is very much appreciated.
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