In the racing vernacular, the word 'rating' is thrown around a fair bit... It can mean a number of things: A computer generated number (rating) given to a horse based on racetrack performances; a ranking of horses relative to one-another with a mix between statistics and human involvement/opinion; or even simply an opinion given on a race whereby the punter 'ranks' each horse from favourite to least favourite. These "ratings" are quite different from the 'ratings-based racing' which has arrived recently to racing.
So what are ratings-based races? Basically each horse is given a "rating" which is updated after every start they have. A horse cannot run in a race which is rated under their level. For example, if their rating is 69 then they cannot run in a 68RB (Ratings-Based) race, where as they can race in a 70RB (or higher obviously).
Some positives of RBH (Ratings-Based Handicapping) are that it provides a very simple and fair ballot plan with all RBH balloting in "ratings order". It is a ready reference guide for trainers and owners prior to nominations. Ie. A ratings based handicapping system with publicly displayed ratings and race scales will be advantageous to both owners and trainers in assessing the anticipated handicap of the horse prior to nominations. This allows trainers to more accurately place horses after determining the handicap of a horse relative to other horses across various classes. Also, RBH provides for improved customer service, productivity, information and understanding of handicapping methods.
Statistics in racing are everywhere but there is one website with unprecedented strike-rates and that is OzRacingForm.com which is run and operated by David Gately. He can boast a near 85% strike-rate in his top-rated runners in both Melbourne and Sydney. (broken down, that means he finds the winner of the race in his top-five selections on or near 85% of the time) We asked how his strike-rate remains at such a level of such a long period of time. David says: "I think people can over complicate and over evaluate races, it is quite rare that there are more than four or five 'winning chances' in a race and that's where we draw the line. Ok, they are animals and not motorbikes so there are always strange results on occasions, but we stick to a basic formula, bet to value runners, and enjoy a good deal of success".
The interesting thing with horses is their propensity to improve sharply from one run to another if early in their career, or early in their preparation. This is why it is imperative to notice the warning signs of a horse with significant improvement in him/her. If a horse is very 'green' (i.e. inexperienced, does things wrong) it can have tremendous scope to improve. If a horse is early in his/her campaign, it's fitness levels might not be where they are required to be and again, he/she may improve lengths at a subsequent run. Form guru David Gately says "Once you know the horses, you will know their patterns, and you will find more winners!"
It is all about knowing the horses Knowing which horse is comfortable at which distance, at which track, is s/he is better leading or ridden from behind, is s/he better suited on wet or dry ground, is s/he more likely to race well if outside other horses and not cluttered up between them? If you can look at a race and know each horse's traits or 'clicks'... You are well on your way to finding a winner.
I hope this helps you on your next outing, good luck and see you at the track
So what are ratings-based races? Basically each horse is given a "rating" which is updated after every start they have. A horse cannot run in a race which is rated under their level. For example, if their rating is 69 then they cannot run in a 68RB (Ratings-Based) race, where as they can race in a 70RB (or higher obviously).
Some positives of RBH (Ratings-Based Handicapping) are that it provides a very simple and fair ballot plan with all RBH balloting in "ratings order". It is a ready reference guide for trainers and owners prior to nominations. Ie. A ratings based handicapping system with publicly displayed ratings and race scales will be advantageous to both owners and trainers in assessing the anticipated handicap of the horse prior to nominations. This allows trainers to more accurately place horses after determining the handicap of a horse relative to other horses across various classes. Also, RBH provides for improved customer service, productivity, information and understanding of handicapping methods.
Statistics in racing are everywhere but there is one website with unprecedented strike-rates and that is OzRacingForm.com which is run and operated by David Gately. He can boast a near 85% strike-rate in his top-rated runners in both Melbourne and Sydney. (broken down, that means he finds the winner of the race in his top-five selections on or near 85% of the time) We asked how his strike-rate remains at such a level of such a long period of time. David says: "I think people can over complicate and over evaluate races, it is quite rare that there are more than four or five 'winning chances' in a race and that's where we draw the line. Ok, they are animals and not motorbikes so there are always strange results on occasions, but we stick to a basic formula, bet to value runners, and enjoy a good deal of success".
The interesting thing with horses is their propensity to improve sharply from one run to another if early in their career, or early in their preparation. This is why it is imperative to notice the warning signs of a horse with significant improvement in him/her. If a horse is very 'green' (i.e. inexperienced, does things wrong) it can have tremendous scope to improve. If a horse is early in his/her campaign, it's fitness levels might not be where they are required to be and again, he/she may improve lengths at a subsequent run. Form guru David Gately says "Once you know the horses, you will know their patterns, and you will find more winners!"
It is all about knowing the horses Knowing which horse is comfortable at which distance, at which track, is s/he is better leading or ridden from behind, is s/he better suited on wet or dry ground, is s/he more likely to race well if outside other horses and not cluttered up between them? If you can look at a race and know each horse's traits or 'clicks'... You are well on your way to finding a winner.
I hope this helps you on your next outing, good luck and see you at the track
About the Author:
David Gately, baffled by the number of "professional" outfits out there, trying to make a quick buck by selling meaningless horse racing tips, continues to offer value information at the best prices around.
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