Analysing Data

[Benny]

I have collected the results of my ratings for the last year some 800 races rated.

I need a speadsheet to help analysie the results in view to coming up with a system based on the top 3 in the ratings. The areas I'm looking at with regards to number of races, number of wins, strike rate and av div for each of the following. Starting Price, barrier, distance, track condition and area, Country, Metro and Provincial.

Each heading is in a seperate section.

[stugots]

http://www.tafensw.edu.au/howex/servlet/Course?Command=GetCourse&CourseNo=24212&tpInd=Y

[moeee]

Nice one stugots.
The LORD helps those that help themselves.
And a fool reaches out a hand to another fool that found himself in a pool of quicksand.

[crash]

Considering there is probably over 600 pieces of stats. [stat. 231: horse no.7 had a 2kg dump before entering the starting gates and is now racing 2kg lighter. Stat 49: the jockey on no.4 had a big blue with his girlfriend last night and only had 2hrs sleep ect, ect] for any given race, the fraction of those you can get [or buy] that are known are like stats for tattslotto ...useless.

Learn to do the form and save yourself years of heartache. If you reckon you can already 'do the form' and need to branch out to past overall years of stats. to find a winning 'formula', your kidding yourself. All those stats will say is 'sucker'.

Many say that 'formula' works. A formula that genuinely works is a license to print money. My question for them is, if they have one that works, why are they always inventing new ones?

[Chrome Prince]

Isn't doing the form part of a formula?
Aren't stats part of doing the form?

[Chrome Prince]

Many say that 'formula' works. A formula that genuinely works is a license to print money. My question for them is, if they have one that works, why are they always inventing new ones?

Simple answer: because it is very hard to make money no matter how good your formula or form skills are because of the market percentage bet into.
You can make money, but there just aren't enough opportunites to make enough money.
Ergo, we keep inventing new methods to ADD to the existing arsenal ;)
The more turnover we can achieve the more mula :D

[crash]

Isn't doing the form part of a formula?
Aren't stats part of doing the form?

What a load of crap Chrome.

[Chrome Prince]

Ooooooooooooook then.

[crash]

The point you miss, is that doing form has a fair amount of 'art' involved. Those that have it do very well. Those that don't [and I can think of many professional commentators that are brilliant with their knowledge of form-line ect.] are hopeless tipsters.

That 'art' can never be part of a mechanical system. It's an esoteric ... something.

[Chrome Prince]

Guess that's the way you do it, the art of assessment requires decision - making based on factors and comparisons. It's probably more the inherent ability to recognise or know what to look for.

Frankly, I couldn't be bothered with it myself, I'm sure many get personal pleasure out of correctly assessing a winner at good odds and making the subsequent cash, I'd rather know that the market is the most accurate guide and concentrate on the creme of the crowd-picked crop, and putting all my energy into getting the best price possible.

Sure the crowd as a conglomerate are losers, but their ratings are spot on ;)

It's just the preference and different punting personalities, if you make it pay longterm crash, then it is an art I'm envious of, I just wouldn't have the time or patience.

[crash]

Guess that's the way you do it, the art of assessment requires decision - making based on factors and comparisons. It's probably more the inherent ability to recognise or know what to look for.

Frankly, I couldn't be bothered with it myself, I'm sure many get personal pleasure out of correctly assessing a winner at good odds and making the subsequent cash, I'd rather know that the market is the most accurate guide and concentrate on the creme of the crowd-picked crop, and putting all my energy into getting the best price possible.

Sure the crowd as a conglomerate are losers, but their ratings are spot on ;)

It's just the preference and different punting personalities, if you make it pay longterm crash, then it is an art I'm envious of, I just wouldn't have the time or patience.

Chrome,

The market is only 'accurate' 30% [avg.] of the time, also the market is blind to many things that the form student can often see, allowing them to bet against the market and reap good odds because of it. Done badly though, it can be a costly exercise.

There are good [and bad] aspects to mechanical and form study methods, the big difference is there are too many factors in form study that can't be applied numerically. Of course I'm not implying form study has an innate advantage. Potentially though I think it does, but that's only my biased opinion :-)