Some statistics on field sizes of 8 or less.

Some interesting posts in relation to backing the first 3 favourites. Back the 1st fav to breakeven and then set amount for the 2nd and 3rd favourite. Any other horse you lose the complete outlay

Basically for the period Jan 12 to May 12, I've run a test of all races for field sizes 8 or less and taken the strike rates of the top 3 in different areas. I've done this as by backing the top 3 favourites often requires the punter to monitor the movements of prices.

These are Metro and Rural races in Australia (mid week only)

Barrier
1 - 17%
2 - 13%
3 - 15%

TAB
1 - 22%
2 - 13%
3 - 17%

API
1 - 28%
2 - 19%
3 - 15%

Win%
1 - 21%
2 - 20%
3 - 16%

Place%
1 - 23%
2 - 23%
3 - 14%

AAP Market Price
1 - 29%
2 - 24%
3 - 16%

Starting Price
1 - 38%
2 - 21%
3 - 17%

As you can see your Starting Price has the best combined three strike rates.

But the value is more in the 2nd and 3rd ratings.

Just out of interest for anyone