Re: What I Don't Understand About Last-Second Program Betting (916 Views)
Posted by:
Mathcapper (IP Logged)
Date: June 15, 2017 11:54AM
TGJB Wrote:
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> "Normalized times of past races".
To me that implies raw times, not necessarily speed/performance figures. But it's hard to fathom they wouldn't be adjusting for track surfaces.
The term "normalized" doesn't necessarily mean they're making those adjustments. They normalize all of their factors. It just means they put them on a scale from 0.0 to 1.0 so that they can add up all the factors on a apples-to-apples basis.
And it's still only one term in their 80+ factor model, unless they're weighting that factor to a much greater extent than the others, which is possible.