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%GWC per pip in close, short races

Posted By: Matt Cohn-Geier
Date: Wednesday, 17 March 2010, at 10:09 p.m.

In Response To: %GWC per pip in close, short races (Chuck Bower)

By Trice's formula, point of last take is around 27 - 5 = 22 / 7 = 3 pips behind.

4 pips would be about 50%. 3 pips corresponds to about 78%. So 7 pips corresponds to about 28% or each pip worth about 4%.

Though as everyone has mentioned it is not uniformly distributed.

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