|
UNDERSTANDING THE
HORSE RACE ADVANTAGE RANKING
UPDATE
8 December 2006
S &
G's "Ranking" allocates points to each horse in a race based on its relative
strength to the other horses in a race.
These horses are then sorted using S & G's point system.
The horse with the highest point number is identified as the horse that
is most likely to win that race. This
point system and the horses' relative strengths to each other can be used to
determine how much or how little to wager on a particular race.
For
example, if the first horse has a point value of 26.0 and the second horse has
a point value of 19.0, then the large point spread (26.0 - 19.0 = 7.0)
indicates that the first horse is significantly better than the second horse.
On the other hand, if the point spread between the first horse and the
second horse is small, e.g., the first horse has a point value of 26.0 and the
second horse has a point value of 25.0 (26.0 - 25.0 = 1.0) then the first horse
is only slightly better than the second horse and the probability of either
horse to come in first is high. The
relative strength factor can be used for wagering strategies.
Comparing
Ranking Values - You will find races where the top horses have
values in the high twenties and other races where the top horses have values in
the lower twenties. This points to
horses having run more often and also points to the class that these horses
have run in. Generally speaking,
horses that have run "good" in higher classes, e.g., allowance or stake races,
run more consistently than horses that are still trying to break their maiden
(i.e., have never won a race). Therefore,
the probability of horses with ranking numbers in the high twenties are more
likely to run "true to form" than horses with ranking numbers in the low
twenties.
In some
cases, there is not enough historic data on a horse (e.g., first time starters)
and S & G's system will allocate 0.0 points to that horse. However, our
point system factors in the horses' workouts, trainer standings and jockey
standings. The more consistent
fast workouts a horse has prior to his/her debut, the more likely that horse
will be "in the money". S
& G recommends against wagering races that have horses with 0.0
or very low values. While a
horse's breeding, jockey standing, trainer standing, workouts, etc., could be
used to identify the better horse in a race, the probability of identifying the
"correct winning horse" is significantly lower and these horses are likely to
upset the apple cart.
Where the
first two horses have a significantly higher point allocation (greater than 6)
than all the other horses in a race, then these two horses are good
candidates for an exacta box . Where
the first three horses have a significant higher point allocation than all the
other horses in a race, then these three horses are good candidates for an
exacta box or/and trifecta box.
Weighing
the probabilities against your Return
on Investment (ROI) on a 5 horse trifecta box - At times, you will
find that the fourth and fifth horse's ranking numbers are very close to the
third horse's or top three horses' ranking numbers.
That means that the probability of the fourth and fifth horse to come
"in the money" is likely and one could thus consider these horses in a trifecta
box as well. A $1 dollar 5 horse
trifecta box is $60. However, the
probable return on your $60 investment should warrant such wager.
A 5 horse trifecta wager should be evaluated by looking at the track
odds of each horse selected for that 5 horse trifecta box, i.e., where there
are three horses with odds less than 2, the probable payoff, i.e., your return
on investment, will most likely be less or close to your wager and you should
not even consider such wager. Only
when there is at most two horses (one horse is preferred) with track odds less
than 2, could you consider a 5 horse trifecta box wager. You should always be
looking for opportunities to not just increase your probability of winning, but
also maximizing your profits. Note
that one does not maximize profits by wishing for long shots to come in.
If there is a long shot in our top selection, it is because they
"floated" to the top naturally through our ranking system.
Good luck using the Horse Race Advantage!!!!
|