I don't claim that my formula is perfect by any means, but it gives you a pretty good ballpark figure.
There are of course anomalies, such as the Medoc Marathon having a high dropout rate, because of the amount of wine consumed.
If a race has strict entry criteria, and still has a high dropout rate, then I know I am in for a tough ride.
Edited: 04/04/2013 at 10:27