Can someone please explain these stats
 

Runners Win S/R - Sample size - Win S/R - LOT


Less than =10% - 695,659 - 8.1% - 59.2%



Greater than = 10% - less than = 20% - 404,947 - 9.4% - 67.4%



Greater than =20% - less than = 50% - 240,604 - 13.4% - 75.4%



Greater than = 50% - less than 100% -9878 - 23% - 88.3%



100% - 8525 - 21% - 81.4%






The above stats are on page 10 of the May edition of PPM.




Something doesn’t add up here. The stats include every horse in every race, those who are yet to win, and all others.




The cumulative Win S/R of horses in the various categories adds up to 74.9% whereas it should add up to 100% because it takes into account all horses !



The average LOT is 74.3% which is far less than the TAB returns.

Barny,

I've had a look at the pertinent article, and like you I can't understand how the total strike rate comes to 74.9% and not 100%. Even dead-heats would have to be shown in the results.

However, there must be more to it because it would be difficult to accept that such a basic error could be made, especially when a massive 25.1% of races is not accounted for.

Maybe a clarification will be made in their next edition.

According to those stats, one could lay all runners with a win SR of 50-99% &

make a fortune by lunchtime tomorrow, with a LOT of 88%

One has to remind ones self where the source came from , they say naive things like that all the time.

I love it when they say they were talking to a well known professional punter , who shall remain nameless.
Yeah right!
If I were a professional punter , I would not want to be caught dead talking to them.

But that's only my opinion & I agree with it.