[AusRace] BFSP
L.B.Loveday
lloveday at ozemail.com.au
Tue Feb 25 17:42:20 AEDT 2020
I've said I don't trust the computation of BFSP; here's a little preliminary
back-up from my collection of 4,894 prices from 15/2/2020-23/2. That's
limited data but will quickly increase.
1002 were exact $ values, being 20% compared to an expected 1%. That is so
far outside normal expectation that I can't think of a rational reason other
than manipulation or providing misleading figures.
It's not because the higher prices are rounded - the 10 highest prices are:
511.84
557.25
567.44
571.09
580.88
592.44
604.27
668.85
671.44
833.61
the 10 lowest prices are:
1.23
1.30
1.30
1.36
1.39
1.51
1.52
1.53
1.53
1.54
Of the 3,892 prices that are not exact $ values, 850 were to 10 cents ala
TAB (eg 1.30 as above), being 22% compared to an expected 10%.
If I get around to it, I'll conjure up a theoretical (it has to be
theoretical as BF don't provide data to enable checking) example of how the
calculations can be rigged to favour certain people, including BF.
LBL
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