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Originally Posted by wac
Im sorry if this is a stupid question but it has bothered me for awhile. When you are handicapping and you are assigning odds to the horses is there a total that you should have when you get done? Should they all add up to 100? i've read some things that say it should add up to 120. Excuse my ignorance on this.
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As mes says, if you are assigning probabilities as a handicapping tool, then those probabilities should add to 100%.
I have an Excel spreadsheet that at the click of a button will adjust a preliminary odds set up or down until the probabilities total 100%. I offered that program (for free) to Derby Trailers some time ago. Let me know if you'd like a copy.
--Dunbar