Raging Torrent won the $200,000 Malibu Stakes by 1 1/4 lengths on Thursday ... Thorpedo Anna, the favorite to earn Horse of the Year honors after winning six of seven races this year, has ...

So, a horse that is 4/1 becomes 100/(4+1 ... which works out the win % and the per-place % for the race in question. The each-way over-round will be the average of those two.

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