Hi Bhagwan,

Firstly can I say thanks to you sir for your invaluable contributions here over the years and also your endeavours to remain level headed amongst the 'noise', from time to time.

It is also my intention to add some learnings here of my own in good time, but I am not expecting to catch up to you any time soon!

My question regards SR as follows...

Assuming that 1st and 2nd favorites come in approx 50% of the time in any one race over the longer term, how to calculate the effective SR if I target the first 2 favorites and find a system that consistently eliminates the 'false' favorite of the 2 (Say 67-75% of the time)?

Would I be left with a SR that lies somewhere between 40-50%?

LG