DET FAQ00001- What do the 62% and 88% numbers represent? 62:2 * 88:4
... means (respectively) that it takes 2 horses (in the AI Line) to reach 62 and 4 horses to reach 88%. ...continues below the graphic.
The 62 addresses the NUMBER of LOW ODDS horses.
That is, a "normal" race will take precisely two horses to accumulate to 62% or greater of the money in the pool.
NORMAL 62 is 2 horses.
(i.e. most common)
Not add up to but to reach 62%.
Thus, if the favorite had 40% of the pool, and the 2nd choice had 25% of the pool, the race would be a 62:2.
If the top 3 favs were: 25%, 20% and 18% the race would be a 62:3.
_______________________________ The 88% addresses the NUMBER of LOW + MID-PRICED horses.
NORMAL 88 is 4 horses.
(i.e. most common)
The 88% typically represents the horses who are handicappable.
That is, if one of those horses wins the race, you should be able to figure out why.
_______________________________
To gain a better understanding, think of the ramifications of each of those outputs.
Imagine two handicappers talking about each race configuration below.
62:1
"I'm solid on the Fav."
"Yeah, only horse who can win." 62:2
"I like the #1. He's the Fav."
"I think the 2nd choice has a great chance." 62:3+
"Who do you like?"
"I don't know. There are 3 really good horses." 88:1 (The projected Fav would have to have at least 88% of the pool.)
"This race is like Secretariat in the Belmont Stakes."
"Yup." 88:2
"I see a a solid 2-horse exacta here."
"Heck, these two are so good they could win the trifecta by themselves." 88:3
"It's really a 3-horse race."
"Yes, I wouldn't be expecting a big price." 88:4
"This race is very playable."
"I agree. We've got a shot at a medium price." 88:7+
"I really have no idea who is going to win this 12-horse race on the turf."
"Yeah, there are like 7 or 8 horses that might win."