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mozzie789

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There is a race meeting with a number of races.

Each race has horses entered and each horse has a (saddlecloth) number, 1….x, with x being the number of horses entered in each race.

Each horse has a known probability of winning a race (reflected in its price).

So, if there were 7 races in a meeting and saddlecloth no.3 won each race, then 21 would be the Total Winning Saddlecloth Number.

To simplify the overall market offered, there would be 3 brackets of numbers to choose the total from - for example, in a meeting with 7 races the brackets might be (7-26), (26-45) & (45+). Dead heat winners would have saddlecloth numbers averaged.

Each race has horses entered and each horse has a (saddlecloth) number, 1….x, with x being the number of horses entered in each race.

Each horse has a known probability of winning a race (reflected in its price).

**I’d like to set a market where the winner is determined by adding the saddlecloth numbers of the winners of each race for the whole race meeting.**So, if there were 7 races in a meeting and saddlecloth no.3 won each race, then 21 would be the Total Winning Saddlecloth Number.

To simplify the overall market offered, there would be 3 brackets of numbers to choose the total from - for example, in a meeting with 7 races the brackets might be (7-26), (26-45) & (45+). Dead heat winners would have saddlecloth numbers averaged.

**How would I determine the probability of each bracket occurring? Also, how would I determine the totals to include in the brackets (for a relatively equal chance of each bracket winning)?**
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