View Single Post
  #500  
Old 26th March 2005, 02:00 PM
Chrome Prince Chrome Prince is offline
Member
 
Join Date: Jan 1970
Posts: 4,367
Default

Quote:
Originally Posted by Heavyweight

Still having trouble finding a way to compress the prices to make them realistic.


Heavyweight, I assume you are adding up the rated points and then dividing each horse's points by the total to get a percentage and then a price.

Try this:

Instead of for example having one horse at 100 and the next at 98 and so on, start from the bottom, the horse with the least points.

Now calculate the difference between scores rather than the scores.

Example:

1.Stratum 100
8.Fashions Afield 98
2.Domesday 95
9.Mnemosyne 94
3.The Rhine 88

Do this:

1.Stratum 12
8.Fashions Afield 10
2.Domesday 7
9.Mnemosyne 6
3.The Rhine 1

So your prices will be compressed better.

This would be the result

1.Stratum $3.00
8.Fashions Afield $3.60
2.Domesday $5.14
9.Mnemosyne $6.00
3.The Rhine $36.00

I've only used hypothetical figures, and not the whole field, but you get the general idea.

If your figures are stil a little off, you can add a small bonus to the top scores, like top ranked x 1.5, 2nd top ranked X 1.4 etc. Play around with it until you get something that resembles a TAB market.
__________________
RaceCensus - powerful system testing software.
Now with over 402,000 Metropolitan, Provincial and Country races!
http://www.propun.com.au/horse_raci...ng_systems.html
*RaceCensus now updated to 31/05/2024
Video overview of RaceCensus here:
http://www.youtube.com/watch?v=W821YP_b0Pg
Reply With Quote