Total Classified Finishers
To finish first…..
Whilst going through some of the data I’m collecting for the research on both my TCF and SC projects a couple of things stood out. There were also a number of interesting figures which I would not have predicted off the top of my head. There is nothing to be read into the following points but I thought I’d share them.
The sample I am using is from the start of the 2007 season which means it includes 62 races and a total of 3770 laps! In those races we have seen……
TCF: Total Classified Finishers
As explained in an earlier post I’m going to change the format of the blog to look into aspects of the F1 markets from a statistical point of view. I suppose my aim is to try and price up some of the markets which would therefore indicate what prices are value and those which aren’t. At the same time I will be learning/teaching myself some more complex maths to help achieve this so it’s going to be a long and slow process but I hope it will make for a more interesting blog than ‘I done this, I think his’.
The first investigation I would like to conduct needs to be simple so the maths doesn’t get too complicated and to keep it short as a little introduction. Diving straight in to looking at what price the man on pole should be is tempting but it’s never going to work – it would be trying to run before I can walk. The ‘Total Classified Finishers’ markets offer an interesting investigation as the they are more dependent on statistical data rather than any sporting ability and offer only two outcomes. The two outcomes is the biggest reason for starting with these markets as the choice of ‘Over’ or ‘Under’ make it far simpler than Red Bull, Ferrari, McLaren…….
