Mitch wrote:No other horse is trading at below 4 (don't want to back short odds-on if anything's close to it!)
COUNTIF(F5:F50,"<4")<2
Are you aware of the SMALL & HIGH functions in EXCEL. If you put some random numbers in A1:A10 (not neccesarily in order) and use =SMALL(A1:A10,3), the '3' will find the 3rd smallest number, similarly =HIGH(A1:A10,3) will find the 3rd largest number.