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#1
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Compiling a Simple Ratings Plan?
Being a cheap skate I could never see me subscribing to a paid service for Ratings or tips. So having said that here is my question.
I do not understand how ratings are put together, well, I have an idea, but unsure. Are they just a mathematical equation based on numbers for particular information found in the form guide. Also, do you think it possible to have a working rating system without the help of bought software. is the mathematical equations so time consuming by hand to render it a most difficult task. I was thinking of trying to come up with a real simple starting point and build from there. Not to actually bet on but to use on paper bets while I get my head around this ratings. Also, I would like to know where I can get some more info on what is Speed Ratings. A lot of time things are mentioned here and it appears most know, but quite often they are something that I have just by passed and not given any thought to. So to summarise here are the main gist of what is above. 1. What are Ratings? 2. What factors go into them? 3. Does each factor get a numerical number? 4. Can a simple ratings system be done without computer software? 5. If so. What filters would be a good starting point to cut work load down? Remember, I am just looking for a starting point to build on and help me understand what benefit ratings might be in the long run. I am a firm believer in the PARETTO PRINCIPAL. eg 20% of what we do is responsible for 80% of our results. The reverse applies also. 80% of what we do only produces 20% of our outcomes. My plan is to concentrate as much as possible on the effective 20%. In fact, having written that it might be a good topick for a thread of its own. OH no! I hear in the background. Star had anothe thought. Star. 4. |
#2
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Well they can be as simple or as complex as you like - for example when attending the races I often do a simple rating of each runner by averaging a) 2nd last start figure minus last start figure & b) this start weight minus last start weight - the highest figure is a selection if within the first 5 or so of betting & has a good jockey up.
Now of course this loses longterm but I've had plenty of fun with it over the years, add a couple of other filters & it does alright.
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"Now let me get this straight - Whatever I do don't bet this horse?" |
#3
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Hi star,
All ratings are not created equal and overpriced, if you want a good quality set of ratings email me at weststigers4life at hotmail dot com and I will put you in touch with a provider who offers a free trial. Cheers, Mat. |
#4
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Most ratings are good and cover most of the basic factors. These factors are considered by most these days under some form analysis. You take any ratings on the market place and your looking at around 25-30% on the top selection for a loss around 10 - 20% long-term.
Consider the top 5 and you hit around 70 to 80% of the winners. I find this all to common knowledge these days and all punters following this path. Why not it can narrow a field of contenders down to 4 to 5. The key then is how to identify the best of the best from the final horses remaining. I think you need to source out hidden factors that are not considered. This maybe be around Class, fitness and speed. I think if you are trying to consistently find winners around the $3.00 mark you won't hold up a long-term profit. Probably need to customise the ratings around particular circumstances like Flemingtion straight is a lot different to comparing races around MV. Some horses like clockwise and not anti-clockwise. Might come down to rail position. I'm finding more and more too often Media selections are overbet and also horses are judged from there last run. Good luck. PS: I have not found the answer yet either |
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