Calling those with stats!!!

[Duritz]

It's pizzing down all over the country today seemingly, so this brings to mind a question I have been meaning to ask -

Does anyone have stats as to how well the market goes overall on dry tracks and on wet tracks? IE the old thing about 28% of favourites winning is mainly on dry tracks, how many win on wet tracks etc? Does the market have less idea when the rain comes?

Duritz

[La Mer]

It's pizzing down all over the country today seemingly, so this brings to mind a question I have been meaning to ask -

Does anyone have stats as to how well the market goes overall on dry tracks and on wet tracks? IE the old thing about 28% of favourites winning is mainly on dry tracks, how many win on wet tracks etc? Does the market have less idea when the rain comes? Duritz

Wet tracks (slow/heavy): 28.8%
Dry tracks (good/fast) 30.7%

Based on metro meetings only over the last 13 months.

[BJ]

The winning strike rate is irrelevant if you don't know the prices they started... It is all about your return....

Following along the same lines, probably nobody has stats as to days the track rating diminished after the start of the races.
Maybe the results become a bit more erratic if the track rating downgrades after punters have rated the race for previous track rating....

[Duritz]

I know it's all about returns etc, I was just curious if the favourite strikerate, as provided by La Mer, was better or worse in wet tracks...

Thanks for that La Mer, do you also know what the average win div of both those groups are by any chance, and perhaps the average number of starters in each group?

Thanks.

Duritz

[BJ]

Sorry, just reread my previous post and it does sound a bit rude. This is not how I meant it to come off...Apologies..

Obviously the strike rate is important, all I meant was without combining this the average winning dividend, the data is unusable.

[Duritz]

Not a prob

[La Mer]

I know it's all about returns etc, I was just curious if the favourite strikerate, as provided by La Mer, was better or worse in wet tracks...

Thanks for that La Mer, do you also know what the average win div of both those groups are by any chance, and perhaps the average number of starters in each group? Duritz

Don't have the average number of starters but the average win dividends
are:

slow/heavy: $3.00 Loss on Turnover: 13.8%
good/fast: $2.75 Loss on Turnover: 15.2%

So although there is a higher strike-rate on the dry tracks, the average dividend is lower resulting in an overall greater loss.

[Duritz]

Thanks.

So although the strike rate is lower on wet tracks, the average dividend is higher, more than compensating for the lower strike rate. That's interesting. That SORT OF says that the public are not as confident in making a favourite on wet tracks, hence the higher average dividend, but they still get almost as many of them home.

Thanks for your help.

Duritz.