Help needed with Horse Racing Forumla

rileybro

New Member
Joined
Nov 7, 2011
Messages
7
Hi Guys

I am hoping to include a formula which would estimate the % horse B would beat horse A based on a single run time for horse A and multiple run times for Horse B. The spreadsheet is set up as described below

Column A2 - Horse A's run time
Column B2:B10 - Horse B's run times
Column C2:C10 - % Likelihood of Horse B's run time occurring

I was hoping to then include the % likelihood that horse B would beat Horse A's run time in Column D2.

Therefore if Horse A's run time was 27.00 and Horse B has two run times faster than that say 26.9 & 26.95, both of which occur 5% of the time. I would need the formula to show 10% in Column C2.

I hope that makes sense.

Any help would be appreciated.

Thanks
 

Excel Facts

How to calculate loan payments in Excel?
Use the PMT function: =PMT(5%/12,60,-25000) is for a $25,000 loan, 5% annual interest, 60 month loan.

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