harville 1.0

Date Added: September 06, 2013 | Visits: 216

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The basic Harville method for estimating place, show, quinella, exacta and trifecta probabilities from win probabilities. Used and abused by bookmakers and punters the world over.There are many valid critiques of this formula. Most recently "Explaining the Favorite-Longshot Bias: Is it Risk-Love orMisperceptions" by Erik Snowberg and Justin Wolfers. See also"discounted harville formula" (google).

Requirements: No special requirements

Platforms: Matlab

Keyword: Favoritelongshot, Formula, Formulaquot, Google, Justin, Misperceptionsquot, Quotexplaining, Recently, Risklove, Snowberg

Users rating: 0/10

License: Shareware

Size: 10 KB

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