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Found a few old posts around the internet asking this and I've never seen a satisfactory answer.
You can use the sbr calculator to work out the number for simultaneous non correlated events as a starting point I guess, which is the best I can offer. Hopefully someone smart can add to that |
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Cheers - it does seem difficult to work out alright
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if you know how to use excel solver you could do it numerically.... 3 outcomes (lose, place, win) and maximise log bank
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i wish i could Martinch
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