OZmium Sports Betting and Horse Racing Forums

OZmium Sports Betting and Horse Racing Forums (http://forums.ozmium.com.au/index.php)
-   Horse Race Betting Systems (http://forums.ozmium.com.au/forumdisplay.php?f=10)
-   -   Question to Bhagwan... (http://forums.ozmium.com.au/showthread.php?t=23684)

garyf 25th March 2012 05:33 PM

No worries L.G.


Your humble opinion is noted ( L.O.L.)

Cheers.

Bhagwan 26th March 2012 04:36 AM

Hi Greystoke .
Thanks for the kind words.

If one were successful, say 67% of the time, separating the 1st & 2nd fav with 50% SR combined, the SR would be 33.50%+

The question of False fav ,is generally, a fav that did not win.
There will be seen many instances where a horse deserves to be Fav.
On form , it cant lose.
But we see many of these, cant lose Favs , fall in a hole for no explained reason.

Lord Greystoke 26th March 2012 05:01 AM

HI Bhagwan,
thanks for your input on this.

It is an interesting challenge to target - I am of the opinion that if you identify & eliminate the favorites most likely to fall over from the equation, you substantially increase or load your own SR. This assumes that one has a consistent system of shortlisting the best chances, of course?

Can you provide your workings for how you get to 33.5%+?

I would have thought that if I successfully eliminate one of the top favorites at least 2/3rds of the time, then the probability of the remaining favorite winning is closer to 50%.

I am unable to substantiate the hypothesis however as my probability maths is a little rusty!

cheers LG

Barny 26th March 2012 12:46 PM

Hay List, 'fixed' abscess on the foot, huge run in the Newmarket apparently took it's toll ..... All so easy AFTER the event, but it did have a big question mark over it prior to Last Friday's race.

And Helmet ..... someone here suggested it wouldn't win a race after it's hard run in a Group 1 event recently ..... So far, so good.

Two nags who've buttered up after having hard runs in top races and been beaten. So do we just look for those who've had the guts run out of them (a la Djokevich and Nadal) and 'scratch them from our selections?

Stix 26th March 2012 01:18 PM

Quote:
Originally Posted by Barny
Hay List, 'fixed' abscess on the foot, huge run in the Newmarket apparently took it's toll ..... All so easy AFTER the event, but it did have a big question mark over it prior to Last Friday's race.

And Helmet ..... someone here suggested it wouldn't win a race after it's hard run in a Group 1 event recently ..... So far, so good.

Two nags who've buttered up after having hard runs in top races and been beaten. So do we just look for those who've had the guts run out of them (a la Djokevich and Nadal) and 'scratch them from our selections?
One system I've seen is to lay those that won and ran career best time last start... it may have some merit, but I've no evidence either way, as I don't keep race times...maybe someone can help with this one?

Bhagwan 26th March 2012 08:46 PM

Hi Greystoke.

If one could sustain a 100% SR of separating the 2 Favs , then yes , it would be 50% SR.

But we do know that is very unlikely long term.

We are assuming based on past history over 10 yrs that the top 2 Favs win 50% of all races.

Now separate them so you have one selection per race.

===========================================

There is one strong method I can recommend having a go with .

RULES
Target the 2 Favs in each race.

Bet 4 units on the one you feel should win.
Bet 1 unit on the other, as a sort of saver bet.

This works very well & you will enjoy a 50% SR.
Hopefully the long runs of outs will be contained doing it this way & keep ones punting more interesting.

Delete any race with a fav <=2.00

Mancunian 27th March 2012 04:58 PM

Quote:
Originally Posted by Lord Greystoke
Hi Bhagwan,



Assuming that 1st and 2nd favorites come in approx 50% of the time in any one race over the longer term, how to calculate the effective SR if I target the first 2 favorites and find a system that consistently eliminates the 'false' favorite of the 2 (Say 67-75% of the time)?

Would I be left with a SR that lies somewhere between 40-50%?

LG


In the same area - I just read somewhere "odds on favs win approx 55% of all races, whereas favourites priced at $2.70 or more(7/4) have a very poor historical win strike rate of only approx 18%.
Anyone got any stats to support or discredit this statement ?
cheers........ Mancunian

Raven 27th March 2012 06:17 PM

Quote:
Originally Posted by Stix
One system I've seen is to lay those that won and ran career best time last start... it may have some merit, but I've no evidence either way, as I don't keep race times...maybe someone can help with this one?

I do times, and you are correct, mighty hard for a horse to back up next start after running a one-out fast time. Often this time is pace related anyway.

Peak Performamce Syndrome - a theory i have believed in since the mid 90"s.

garyf 27th March 2012 06:19 PM

This may help.


All FAV'S
Races=55,162
Wins =17,172
S/rate=31%
Av tab=$2.80
Av s/p=$2.80
LOT=12.3%

Up to $3.0
Bets=31,014
Wins=11,842
S/rate=38.2
Div =$2.37.
LOT=9.6%

Over $3.0.
Bets=24,152
Wins=5,330
S/rate=22.0
Div= $3.80
LOT=17%

Over $4.0
Bets=7,168
Wins=1,282
S/rate=18.0
Div=$4.57
LOT=18.0

Over $5.0
Bets=2,677
Wins=432.
S/rate=16.0
Div=$5.05
LOT=18%

These haven't been updated for a while now,
But gives you reasonable idea of what the,
S/rate of Fav's are pertaining to price groups.

Cheers.

Raven 27th March 2012 06:23 PM

Faves $2.70 or more
 
Quote:
Originally Posted by Mancunian
In the same area - I just read somewhere "odds on favs win approx 55% of all races, whereas favourites priced at $2.70 or more(7/4) have a very poor historical win strike rate of only approx 18%.
Anyone got any stats to support or discredit this statement ?
cheers........ Mancunian

Yes, strike rate is 25%

Runners: 103,781
Winners: 26,091
Win%: 25.14%


All times are GMT +10. The time now is 12:07 AM.

Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.