Guest Jonny1723 Posted May 14, 2004 Share Posted May 14, 2004 Hello, Can anyone tell me how Book Value is worked out please ? Cheers. J. Quote Link to comment Share on other sites More sharing options...
Norfolk Enchance Posted May 15, 2004 Share Posted May 15, 2004 Re: Book Value Do you mean the bookies overround? If you do, I'll give you an example: 3 horse race Horse 1 = 5/2 or 3.5 Horse 2 = 4/1 or 5.0 Horse 3 = 4/7 or 1.57 1/3.5 = 0.28571 1/5.0 = 0.20 1/1.57 = 0.63694 Add these together and we get 1.12265 - a 112% book Quote Link to comment Share on other sites More sharing options...
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