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-   -   Win % of Fav. in different race Categories (http://forums.ozmium.com.au/showthread.php?t=7687)

crash 20th February 2005 02:53 PM

Win % of Fav. in different race Categories
 
I have always coped a bit of flack about my general belief than certain races are poor betting propositions. I'm interested to know what % of favourites win any of or all of the below race categories and the Fav's. average SP price in these categories. If someone has the data bank to work this out, I would be very pleased to know. On the up side for the effort involved, you have an opportunity to prove me misguided !!

1000m races.
F&M races.
Stakes races [all inclusive].
Cup races.
Slow track races [only].
Races with more than 14 runners [all above that amount inclusive].

The fact that we know the overall favourite SR from all races really doesn't tell us a lot, nor can it be used as a guide to selecting the best races to bet on.

Chrome Prince 20th February 2005 03:17 PM

Quote:
Originally Posted by crash
On the up side for the effort involved, you have an opportunity to prove me misguided !!


Now I have to take up the challenge Crash ;)

Overall S/R 30.44% Avg Price $2.85
1000m races S/R 32.76% Avg Price $2.66
F&M races. S/R 30.95% Avg Price $2.82
Stakes races [see below].
Cup races. (need more info - there are very many classes of cups)
Slow track races [only] S/R 28.49% Avg Price $2.98
Races with more than 14 runners S/R 21.55% Avg Price $3.57

In general as the strike rate goes down the average price goes up to compensate, so the loss remains relatively the same in the longrun.

Sportz 20th February 2005 04:07 PM

Quote:
Originally Posted by Chrome Prince
Overall S/R 30.44% Avg Price $2.85
F&M races. S/R 30.95% Avg Price $2.82


Just as I suspected. About the same. In fact, the favs in F&M races fared slightly better than overall favs.

partypooper 20th February 2005 04:12 PM

Chrome, interesting stuff there, I have been mucking around with my own database recently and have come up with some interesting angles eg. when queried distance winners only I was shocked to see a LOT, so reversed the query i.e. "not a distance winner" and blow me came up with a 28% POT, any explanation?

Also, are you able to put one more query to your database i.e. First up only up to and including 1200m??

La Mer 20th February 2005 04:26 PM

Quote:
Originally Posted by crash
I
1000m races.
F&M races.
Stakes races [all inclusive].
Cup races.
Slow track races [only].
Races with more than 14 runners [all above that amount inclusive].


Slightly different outcomes, but same trends as Chrome's stats.

Overall: 30.3%
1000m: 33.2%
F&M's: 29.6%
Stakes:30.3%
Slow: 29.2%
>14 Runners: 24.4%

crash 20th February 2005 05:39 PM

Thanks Guys, I figured the prices would go up or down in relation to Fav. SR but my conclusions as far as selection difficulty would need to be compared to races I HAVE been betting on over the years to draw any conclusions to weather I have been better off.

SR and average price on:

1100m to 2040m Handicaps races with 7- 14 runners.


For the Cups races missed, SR and average price on all Cups races inclusive would be fine as I have been excluding them all.


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