Thad: Yes, there is such a statistical formula. If you have patience enough to compile data from the ponds and the players, you can get some optimized bids.
I don´t use such formula because this is juste a game, not work. So why bother?
(hide) If you only look at some of the discussion boards on a regular basis you can add them to your favourite boards list by going to the Board page and clicking "Add to my favourite boards". (pauloaguia) (show all tips)