Bailey, coincidentally there was discussion on it today, here is the thread
http://forum.therx.com/showthread.php?t=378542
Formulas are:
For Favorites using $100 units:
100/((100/ML)+1) = how much to play on the money line
then play all winnings from the money line play on the -1.5 line
For Dogs using $100 units:
100/((ML/100)+1) = how much to play on the money line
then play all winnings from the money line play on the -1.5 line
I set up the formula in excel so that the ML reference is a cell and all I have to do is input the ML and it automatically calculates how much I play. If this doesn't make sense, respond and I will answer any questions.
http://forum.therx.com/showthread.php?t=378542
Formulas are:
For Favorites using $100 units:
100/((100/ML)+1) = how much to play on the money line
then play all winnings from the money line play on the -1.5 line
For Dogs using $100 units:
100/((ML/100)+1) = how much to play on the money line
then play all winnings from the money line play on the -1.5 line
I set up the formula in excel so that the ML reference is a cell and all I have to do is input the ML and it automatically calculates how much I play. If this doesn't make sense, respond and I will answer any questions.
