Merriguy, I included the smiles in races where there were multiple selections when an accident was encountered. For example, if there were 4 selections and an accident of $9.00 occurred, then the liability on the accident was $8.00, but the 3 other horses then reduced the total liability.

However, I did make an error in my calcs for these races. I reduced the total liability by 0.95 units per smile and not by 1.00 units. According to my revised calcs an extra 2.75 units should be added to my original results which makes it 100.60 units, but unfortunately it shows an overall loss of 5.71 units.