Sometimes when comparing the results of one system with the results of another system, it can be hard to say which system is really better. I wanted to find a way to compare system results which incorporates the number of selections, the number of winners and the prices of the selections.

I didn't want to just want to look at the strike rate and the profit on turnover of the system results at face value because (as we know) one system can be focused on just favourites and another can be focused on just longshots. So I have developed a spreadsheet for this purpose. It is an adaption of the USCF (United States Chess Federation) rating formula.

Attached Files

uscf.xls (27.5 KB, 531 views)