Today we have our regular weekly column from Malcolm Pett of GreyHorse Bot.
You can try the Grey Horse Bot including the systems creator for just £17, go to http://greyhorsebot.com
Favourites That Win
As you are probably already know the chances of a favourite winning a race is around 34%.
That figure can be influenced by other factors like race type and price and can drop to around 27% or rise to over 50%.
So why would I mention favourites?
We know there is no value in following them.
So what about if we look elsewhere?
What’s the win averages of the other runners?
2nd priced favourits win 20% of the time
3rd priced favourits win 14% of the time
3rd priced favourits win 10% of the time
Again this is based around all race types and all prices.
This means that nearly 80% of all winning horses come from one of the top 4 priced runners in a race.
”Yeah I know all this” I hear you say…
In my last Daily punt article I talked about what I call “Nano” systems.
This is where you look for specific types of races where you may be able to find profit.
So here is another example you may want to check out.
Using the SPB System Builder I found a trend based around 6 year old horses in class 6 running at Southwell.
If they have won at Southwell before at the exact (exact) distance they are running at again and they are favourite…then they have won 54 of the last 100 (qualifying) races resulting in a BSP profit of 37.46 points.
The system also appears to work at Kempton and Wolves but not to the same extent as it seems to at Southwell.
So although blindly following favourites is not a profitable pastime there are places you can find that appear to show a return.
Finding high strike profitable trends is interesting but as you can see you have to be pretty specific about the runners you choose.
Thank you as always for reading I really do appreciate it.
The Grey Horse Bot.