Quote:
Originally Posted by Dave Schwartz
Normalize it to 100%.
That is, add up the numbers and divide each score by the sum of the scores in the race.
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So, I was correct that you divide each final rating by the sum of all the ratings in the race? If so, then these are the probabilities for each horse:
#1 -- 72.65 ---- 0.076589914
#2 -- 101.06 --- 0.106536888
#3 -- 104.32 --- 0.109981423
#4 -- 87.72 ---- 0.09247253
#5 -- 89.90 ---- 0.094780224
#6 -- 10.20 ---- 0.01074802
#7 -- 75.89 ---- 0.080008831
#8 -- 79.96 ---- 0.084296919
#9 - 105.25 --- 0.110960109
#10 - 77.95 --- 0.082172241
#11 - 73.84 --- 0.077847444
#12 - 69.82 --- 0.073605457
But, the odds those probabilities result in are not logical. They range from 8/1 to 13/1, except for the #6 horse who gets 92/1 odds.