Speed Ratings In Horse Racing

Looking At Races Differently Can Make A Profit

When reading articles about analyzing horse racing you will always find the writers saying that you ‘mustn’t follow the crowd’ or to ‘do things differently’ or something similar. They then go on to outline a method that is not particularly different to anything else that you have ever read!

What they are saying is correct. You do want to do things differently. It is by doing things differently that you will find your edge and by finding your edge you will also find your profit.

Over the course of this article I want to plant some seeds for ways of analyzing a race that you may have never of thought of before. It is these ideas that will ultimately help you to look at a horse race differently to everyone else betting on it and find your long-term profit.

All races have different conditions and they also have different types of runners. This is what determines how you should analyse them. There is less point focusing on speed in a race that is 3 miles long, you would be better off focusing on pace and stamina (for example).

I would like to focus on sprint races as it is something I have been teaching quite a lot recently and with increasing all-weather racing I feel that it is going to be something that you can use in the future.

With sprint races we can focus on speed as our analysis. This in itself is not different but there are many ways to look at a horse from a speed perspective. Some of these can include:

Speed class based on speed figures of winners in previous races

Projected speed

Speed ratings

Collateral speed form

Speed improvements

These are just a few possibilities and I can guarantee that out of the list above, speed ratings will be the only one that has a lot of people using it and even with this you can look at the actual speed ratings in different ways to other people.

However the perspective I would like to focus on here is Speed Improvements. It stands to reason that a runner that is improving in speed has every chance of improving its speed in the race it is about to run.

All you now need to do is simply to find out if the horse has the required speed to compete in the race to make your final selections, but I am getting ahead of myself. Let me go back a bit and investigate how I do this.

First of all I look at each runners last 8 speed figures. I am looking for horses who have a general trend of improvement. This does not mean that I expect them to increase in every single race but that the overall trend of the last 8 races is upwards.

You are now already ahead of most punters because you are focusing on runners who have shown a recent improvement rather than just narrowing your search down to those with the highest figure. A horse that has shown recent improvement would have every reason to continue this trend.

Speed figures, although normally adjusted for these factors, can change for a runner depending on the distance and going. This makes it better for us just to consider the last 8 races that match a similar distance and going condition as the race we are analyzing.

Already in the last 2 paragraphs you have learned how you can identify runners that are improving over the same conditions as the race you are analyzing in a matter of minutes. This on its own is incredibly powerful and can result in profits on its own. However we want to target our selections even more accurately.

We have a shortlist of runners that are improving in speed over the distance and going of todays race. It makes sense to now look at whether or not these runners are fast enough to win the race. While they may be improving it is no use if they do not have the raw speed to win.

Assessing the raw speed of a horse can be very difficult and, contrary to popular belief, cannot be done by just looking for the runner with the highest speed figure. Just using the highest speed figure or the average speed figures of all runners does not work because no rating is 100% accurate. To get around this we use something called confidence intervals. A confidence interval will allow you to assess, with a 90% confidence, the likelihood of a speed rating being between a high and low figure. The actual figure recorded will sit in the middle of these two numbers.

We calculate this figure by:

1)      Calculate the average of the last 8 speed figures

2)      Calculate the standard deviation for these figures

3)      Calculate the standard error for these figures using the result of step 2

4)      Multiply the standard error from step 3 by 1.397

5)      For the lower confidence level subtract the result of step 4 to each of your eight speed figures

6)      For the upper confidence level add the result of step 4 to each of your eight speed figures

For each of your speed ratings from the last eight races you will now have 3 figures. The lower confidence level, the speed rating and the upper confidence level.

How does this help us?

This helps us because we now know, with a 90% confidence, that the slowest the horse ran was the lowest figure and the fastest the horse ran is the highest figure. If we work this out for each of our 8 past speed ratings we can begin to see which of our selections actually have the speed to win the race.

You do this by following these rules:

Find the winner with the highest speed figure in the last 8 races.

Record the lower confidence interval for this speed figure.

Make sure that all of our selections have had a race in their last 8 races where the highest confidence interval is above this figure.

That’s it! Just three simple steps and you have made sure that all your runners actually have the speed to win the race.

What have we actually achieved?

By looking at races from a slightly different perspective we have managed to shortlist the runners that have been improving on the current conditions of the race. We have then narrowed our shortlist down into the final selections by only keeping those that have shown they have the speed to win using a statistical approach.

To make this even easier the Race Advisor features RA Graphs which displays all the information you need to find these selections in easy to read graphs provided for racing every single day.

Michael Wilding
www.RaceAdvisor.co.uk

Author Bio

The Race Advisor was started by Michael Wilding and is aimed at the new and semi-experienced bettor.
We are the leading online resource for learning how to bet profitably providing unique features that are
unavailable elsewhere. There are also over 200 articles on the site looking at different sports and how to profit from them.

Dutching On The Grand National

It is the day we have all been waiting for where 40 runners compete to win the John Smith Grand National at Aintree.

As always this race is a minefield when trying to find the winner and with 40 declared runners you could easily spend a whole day trying to analyse the race. We need to start by using trends in order to narrow down the field a bit to find runners which we want to look at more closely.

First of all I am going to star by removing any runner which has not won over 3 miles or longer before. No horse has bucked this trend since 1970 as stamina is a key ingredient in the race. This removes In Compliance, Majestic Concorde, Or Noir De Somoza, Piraya, Quolibet and Santa’s Son. That leaves us with 34 runners which we still need to trim down some what.

Next we are going to remove runners who have not won a Class 1 race, never run on Hurdles at Aintree and have fallen more than twice in their career when running Hurdles races on any course.

This leaves us with Tidal Bay, The Tother One, Royal Rosa, Quinz, Don’t Push It and Chief Dan George.  Six runners is much easier to deal with than 34. We are now going to take a look at these six. This doesn’t mean that these are our final six as we may bring some of the others back into the running later  but first we want to remove any runners we don’t like from these six.

Tidal Bay likes the going and race type and is a good performers. While he hasn’t been improving recently he also has not been in decline and he has every chance of taking home a position today if he runs to his best.

The Tother One is likely to find todays race just a bit too difficult. Without improving significantly there are other runners who are going to prefer the conditions.

Royal Rosa looks severely outclassed in this race. There has been no significant improvement over the last four races and being able to maintain the speed necessary over the distance and hurdles of this race is going to be unlikely.

While taking a class jump in this race, Quinz has been showing a steady improvement in his performances. He loves the going and race type but there is concern over him placing 16th at Aintree in his last race. He is well weighted today though and if he can continue to improve there may well be a place position for him.

There has been a lot of discussion about Don’t Push It with A P McCoy saddled on him. He certainly has the class to win this race and he is known to like the distance, stamina should be no problem. He has been declining in performance slightly over the last three races but he has certainly been warming up to this race. He won last year and based on trends this gives a warning bell as repeat successes are very rare, although not impossible. He is certainly one that needs to be considered in the betting but the odds on others are likely to be more attractive.

Chief Dan George has been in steady decline recently and his last good performance was against a significantly lower class affair. Aintree is not his favourite track and I think he may struggle in todays race.

From these runners we have Tidal Bay, Quinz and Don’t Push It as potential contenders. As we know the top eight in the market are strong runners and we are missing a number of them out and so we shall take a look at them now.

The Midnight Club has been going from strength to strength recently and certainly has the class to compete. Todays race type is a clear favourite for this runner the preference is for softer going though which may be a slight concern but there is definitely contender potential here.

Oscar Time has only ever won 1 hurdles race and that was in 2008 for an 8k purse. Of course he won the Cheltenham Cup just a few weeks ago and coming on to race here is a tough call. He finished 3rd next to The Midnight Club in the prep race at Fairyhouse though. The Grand National has been the sole aim of trainer M M Lynch this season and that suggests that he will go well although his early pace could prevent him from making the distance. Going well over three and a half miles indicates good things but the extra mile is a long distance. Certainly a runner with potential.

What A Friend loves the going, distance and track. All things in his favour and is another runner that is hard to ignore. Backstage on the other hand is popular because of his Point-to-Point victory recently. However I would like to see him improve more before placing money on him in this race.

Silver By Nature and Ballabriggs are the last two to look at in the market leaders. Silver By Nature has been racing at a steady level for a while but I think he lacks some of the class necessary in this race. However his excellent weighting my well make up for this and I expect him to run a big race. Ballabriggs has won 5 out of 7 races since 2009 but the class level of those races has not been high. He is definitely rapidly improving but has he got enough improvement in him to win the Grand National? It is certainly possible.

As you would expect most of the market leaders represent some chance in the race, this is part of what makes this the hardest race of the year to analyse. Our shortlist of potentials includes:

Tidal Bay

Quinz

Don’t Push It

The Midnight Club

Oscar Time

What A Friend

Silver By Nature

Ballabriggs

A total of eight possible contenders, not bad from 40 runners. How do we bet them? There are so many markets on Betfair this year it gives us lots of potential. First of all note the 6TBP market which gives you six runners to place, there is even a 10TBP market where the odds are going to be lower but it could well be worth using in this ultra competitive race.

I think I would start for a dutch across all these runners, at the current odds this would give you just better than 1/1 should one of them come in which I think is pretty good going. I would consider a place bet in the 6TBP market for Tidal Bay, Silver By Nature, Quinz, What A Friend and Ballabriggs with a normal place bet on The Midnight Club and Oscar Time.

There is certainly going to be a lot of excitement in this years race and hopefully we can bring in some profit as well.

Michael Wilding

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Michael Wilding is owner of Race Advisor a well respected horse racing site that aims to teach and educate as well as provide tips.

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Epsom Derby Racing Tips

INVESTEC DERBY (GROUP 1) (3yo) 1m4f10y    EPSOM 5.45

11/4 Sea The Stars, 7/2 Fame And Glory, 4/1 Rip Van Winkle, 7/1 Gan Amhras, 8/1 Black Bear Island, 14/1 Masterofthehorse, 20/1 Age Of Aquarius, 20/1 Crowded House, 25/1 Kite Wood, 33/1 Golden Sword, 50/1 Montaff, 66/1 Debussy.

The Epsom Derby comes too soon in the year and doesnt
really offer great trends. Normally I would be against all
the horses from the 2000 Guineas but it is not a year to
do that with confidence as they are mob handed in today’s
race. I dont have a strong opinion. I have just listened to a lot of different opinions and read a lot about the race.

When you have 6 Aidan O’Brien runners and the decisionby Johnny Murtagh a surprise to many you realise that
you cant know enough about the Irish horses to form a
confident view. Jamie Spencer was talking recently about
why he feels SEA THE STARS wont stay and why he sees
him as having too much speed and I consider that very
plausable and he isnt for me. FAME AND GLORY isnt
for me as he has been rejected leading to suspicions that
a horse that won over 10f as a juvenile may be too slow
to win the race. CROWDED HOUSE and KITE WOOD dont appeal well beaten in the Dante. There are too many doubts for me about RIP VAN WINKLE. The track may hurt him. He isnt sure to stay. I like GAN AMHRAS and BLACK BEAR ISLAND or at least feel they offer quite a good return for the risk. I think the best risk here is to try some forecasts. It will be pot luck. I am taking the view that SEA THE STARS will lose for a lack of stamina but will still go very close. I think he could easily finish second. I intend to have some Novely forecasts in this race all built around the prediction SEA THE STARS is  going to go very close but lose out to stamina.

Two Suggested Forecasts

* Gan Amhras to beat Sea The Stars

* Black Bear Island to beat Sea The Stars

Guy Ward

To visit Guy’s site Click Here ==> Horse Racing Tips

Horse Racing Tip

Saturday Racing Tip

A snippet of the anlaysis from my full service today for the free blog.

KEMPTON 3.10

RACING POST CHASE (HANDICAP)
GRADE 3 (CLASS 1) (5yo+) 3m

4/1 Big Fella Thanks, 10/1 Hold Em, 10/1 Nacarat, 12/1
Fier Normand, 12/1 Possol, 14/1 Conna Castle, 14/1 Fleet
Street, 14/1 Lacdoudal, 14/1 Ungaro, 16/1 Oedipe, 16/1
Silverburn, 20/1 Laskari, 20/1 Piraya, 25/1 Battlecry, 33/1 Endless Power, 33/1 Nozic, 40/1 New Little Bric, 40/1 Stan, 66/1 Billyvoddan, 100/1 Ollie Magern.

The Racing Post Chase is a Graded Chase over 3 miles and
we now have 15 renewals of this race. Some statistics should be able to narrow the field down. You want a horse thats ran over at least 3 miles before. A Guaranteed stayer and horses that prepped over 2m 4f or shorter have poor records so I am against NACARAT who has real stamina issues and also ENDLESS POWER whose up in distance. OLLIE MAGERN is too old. Horses that had just 1 or 2 runs that season had terrible records. only Innox managed it from 49 that tried and that was not run at Kempton and ideally you want more runs this season. Therefore I am against SILVERBURN who may not be at home over this trip. Other underraced horses are BILLYVODDAN- OEDIPE -NEW LITTLE BRICK and LACDOUDAL. You really dont want to be coming into the race having ran poorly. Last time out winners won 11 of the last 15 races and every past winner was 1-2-3-4-5 last time out with just one falling. STAN – NOZIC fail that. Didn’t feel BATTLECRY did enough last time. Neither did PIRAYA a horse with too many falls recently. You want a high class and consistent horse thats been running well all year. The Last 13 winners of this race ran 48 seperate times in the season they won. In these 48 races in the season they won – the last 13 winners managed to either Win or Place in a very high 42 out of 48 races. You want consistency here so I am taking on the Irish runner CONNA CASTLE whose hardly placed at all. Its interesting that BIG FELLA THANKS and HOLD EM have had just 5 career races over fences and thats not many. You can argue BIG FELLA THANKS has just 4.5 chase runs as he has fallen before. The lightest raced chaser to win this was
Gloria Victus with just 5 career starts so it has been done but He was “special” and a monster of a horse. The last 13 horses that won this had 7 11 41 18 28 6 6 9 5 13 31 14 22 chase runs. There were a couple with 6 runs and Gloria Victus with 5 but its a big ask. I dont feel HOLD EM will have the class to defy that and he is rated lower than most past winners. I am also opposing BIG FELLA THANKS. Inexperience is one reason. Then you have the price which is short enough anyway and many are raising the fact that all his best form is on a left handed track and Kempton could be an issue for him and he hasnt got round the only time he ran here. I do not think LASKARI has the class or stamina from a sire thats never had a 3m winner and he has been on the go too long for me. FIER NORMAND isnt for me. He has 2 runs this year and he fell in his 3rd start so technically he is underraced this year
and I would be concerned he will be having a Cheltenham “prep” race and Jonjo has never had a horse in this race that could be sighted with binoculars. I am shortlisting these three

UNGARO – POSSOL – FLEET STREET

I dont see why UNGARO cant win. He fell at the second
fence in last years race but is it not interesing that last
year he started only 5/1 yet he carries 13lbs less weight
today. He has prepped in the same race as last year and
I give gim a good chance. I have found a winner that was
similar to POSSOL so he is shortlisted. FLEET STREET
also comes ot nicely statistically. I am going with an e/w
bet on UNGARO in this race

* He loves it here and won a Grade 1 here
* He was half the price in last years race with far more weight
* Last time out he was second to todays favourite
* Big Fella Thanks beat him by 11 lengths
* At Todays weights UNGARO has a much better chance

SELECTION – UNGARO Each Way 14/1 BSquare

centrebet are currently showing 112/1 for this horse

Don’t expect to get paid out at that however .
It looks like a palpable error to me.

Think what they meant was 12/1

Guy
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Visit Guys Site Click Here ===> Free Horse Racing Tips