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microprediction committed Mar 4, 2023
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A fast, scalable numerical algorithm for inferring relative ability from multi-entrant contest winning probabilities.

Published in SIAM Journal on Quantitative Finance ([pdf](https://github.com/microprediction/winning/blob/main/docs/Horse_Race_Problem__SIAM_updated.pdf))
Published in SIAM Journal on Quantitative Finance ([pdf](https://github.com/microprediction/winning/blob/main/docs/Horse_Race_Problem__SIAM_updated.pdf)) although actually the algorithm implemented here is just a little sneakier now.

![](https://i.imgur.com/83iFzel.png)

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### Like parimutuels?

You'll love my book [Microprediction: Building An Open AI Network](https://mitpress.mit.edu/9780262047326/microprediction/) published by MIT Press.
Support my open source work. Buy [Microprediction: Building An Open AI Network](https://mitpress.mit.edu/9780262047326/microprediction/) published by MIT Press.


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