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-   -   To Ratings Aficionados (http://forums.ozmium.com.au/showthread.php?t=24498)

shifty 30th June 2012 05:44 PM

To Ratings Aficionados
 
What elements of racing don't Ratings examine ????

darkydog2002 30th June 2012 05:47 PM

Neil might have a answer for that.

UselessBettor 30th June 2012 06:07 PM

depends on the ratings. Different ratings look at different things. Some might include something that others dont. You could rate the horses likeness for the weather if you wanted to.

jose 30th June 2012 06:08 PM

Many things Shifty.
Blood counts.
How it has worked.
Has jockey had a gutbuster in the previous race.
And on it goes.

garyf 30th June 2012 06:10 PM

Which ratings approach are you referring to?.

(weight)(class (speed)(statistical)?.


Cheers.

Vortech 30th June 2012 06:14 PM

Most public rating systems don't make the variables and weightings available.
Hence make your own and adjust accordingly.

Star 30th June 2012 07:22 PM

Quote:
Originally Posted by Vortech
Most public rating systems don't make the variables and weightings available.
Hence make your own and adjust accordingly.
That's an interesting statement Vortech. I know you are playing about with one, so if one was to think about doing their own what would you consider to be a Starter or Pre School kit.

I do not want to know what you do personally, that is yours, but where would one start and does it take a fair bit of time, and data.

I have no idea but it might be the next step on from the Neurals or a combination of both .

How does a rating system differ from an ordinary racing system. I hope I make sense.

Star

Shaun 30th June 2012 08:02 PM

Quote:
Originally Posted by Star
That's an interesting statement Vortech. I know you are playing about with one, so if one was to think about doing their own what would you consider to be a Starter or Pre School kit.

I do not want to know what you do personally, that is yours, but where would one start and does it take a fair bit of time, and data.

I have no idea but it might be the next step on from the Neurals or a combination of both .

How does a rating system differ from an ordinary racing system. I hope I make sense.

Star



The way i see a difference is with a system it may say if the horse ran 1 or 2 it is included bit there is a difference in a horse that ran 2nd 1/2 head to one that ran 2nd 2 lengths.

Aslo maybe the horse was ran 2nd 2 weeks ago or maybe 2 months this would be rated differently according to the way your ratings are set up.

Vortech 30th June 2012 08:09 PM

This is my first attempt with a ratings system so I might be well off the money.

I'm using a point allocation system based on the variables that perform the best over certain races.

I use the base rating per Bet Selector and apply points based on certain variables.

I have about 75 variables at the moment with different weightings applied.

At the moment I have tested back to 2001 with

473,930 races bet
A loss of $49,050.10 on NSW (Around 10% loss)

My target is around 10% profit so still a lot of computer hours to go.
The challenge I find is when two variables combined produce a better result.

I still think the number one variable in the game is the jockey. Have to be careful as they are over bet but geez its frustrating with a good horse that sits 3 wide or from a wide barrier the jockey sits out the back with a slow tempo.

Star what I have learnt over the last couple of years is to read read and read more about different opinions and test on your own merits. It is very difficult to make a consistent profit and you need patience. What some say is a stupid idea, with the twist of a rule or two can be a good idea.

Cheers

Star 30th June 2012 08:51 PM

Thanks for the reply Vortech. With those 75 variables ( is their that many that can be listed and measured ? )

I am trying to think about that business saying, Starts something like. If you can measure it, you can plan it. or something like that. A good nights sleep will leave me with the answer in the morning.

With those variables, do you do it manually or do you use a computer program. Seems like you are a fair way down the track.

Star.


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