Horse Racing Data Distribution
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- Posts: 5
- Joined: Wed Apr 15, 2009 4:53 pm
Hi all, can anybody suggest the best data distribution for horse racing? I'm going to incorporate some confidence intervals within a chart, but can I assume the data is distributed normally or is there a better distribution to use? What distribution do Bet Angel charts use? Thanks, FC.
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- Posts: 18
- Joined: Sun Apr 04, 2010 6:13 pm
The distriubtion is also bounded at the lower end which will need to be accounted for. i.e. the lowest limit for odds is 1.0