Horse Racing Investment ratio optimisation

May 2010
1
0
Hello
I have a horse racing program and would like to optimise the investment on categories showing the higher profits.
I wish to establish optimum ratio for each category. Taking into consideration that smaller investment amounts are too small a sample to be reliable in which case an arbitrary ratio needs to be applied
Can anyone help me with a formula to achieve this?
Please refer to attachment
Thank you in advance
Ian
 

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