Tag Archives: information

Create your own speed ratings

Over the last few years I have created a number of different ratings for our own use and clients but these have all be form related.

So I guess it was only a matter of time before the question of speed ratings came up.

Some people argue that speed is the only real way to judge a horses chance of winning a race…

But as with all things racing, it is never quite that simple.

Speed of course is related to distance.

It is the time it took the horse to run the race divided by the distance that gives us the speed at which the horse travelled.

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400 Points a Year System

Today we have our regular Wednesday column from Malcolm Pett (http://greyhorsebot.com)

We do a lot of “open” testing at the Grey Horse Bot web site sometimes just to see how a particular idea will work out (high strike rate favourites) and sometimes to test a new system idea that looks like it could work.

Although it’s nice to see a profit from the testing sometimes the goal is just to see if a system is performing as expected.

As you know not every system will make a profit every month so a trial period may not be profitable but if the system performs as it has in the past then that is a good sign.

We started testing “Elision” back at the end of August.

This was planned as a 3 month test just to see if the ratings system we were using to help find the selections did actually continue to work as expected.

Elision is a Handicap Hurdle system and although the ratings picked the selections we added in a few other filters to help whittle down the field…

…Although because of the ratings we can still end up with more than one selection in a race.

The test has been quite revealing which you can see if you study the results page.

We have recently started to increase the amount of statistical information we supply on our results and have now added…

Longest Losing run
Predicted Longest losing Run.
Highest Bank draw down.

These along with the month by month and day by day results and the visual graph give you a good understanding of how the system is performing.

Another thing we give our customers from time to time is a report about the test which includes information about how we feel the system had performed and there is also one of these available on the results page.

I am not sure if Elision will appeal to everyone. But the fact that it made over 500 points last year and has still managed over 400 points this year should tempt you to at least have a look.

You can get all this information here.


http://greyhorsebot.com/elision

Thank you as always for reading I really do appreciate it.

Malcolm
The Grey Horse Bot.

Today’s Selection

Kempton 6.50 Jelly Fish – eachway bet – 8/1 Sporting Bet

Place Ratings continued…

This week Malcolm Pett continues with the development of his place ratings.

Over to Malcolm…

Last week I introduced my new place rating system which has a number of ratings that you can combine in different ways to find selections to place.

In this article I want to go into a little more detail about the ratings and introduce a further 2 ratings which may help a little more.

One of the new columns is marked “MR” which is a little cocktail of mine made up of various bits of information.

I don’t like runners with a minus (-) figure in this column and generally use it to identify the strong runners in the race.

Place Ratings

The “Rat 1” column is another strength indicator which I usually look at like this:

0 – Very weak and probably a no bet.
1 to 9 still very week but will look at it combined with other figures.
10 and above is best with into the 30’s being very strong.

I never take a “Qlf 1” selection if it is a minus (-) figure.

50 and above is better although if all the runners are less than this, I may consider the selection.

5 or above is my favourite in “Qlf 2”. I really don’t like anything under 4. A score of 7 tends to be very strong.

I never take a 0 in “Qlf 3” and 1’s are not my favourite either and I really like my runner to be top or equalled top whenever possible.

The “Rating” column is a combination of Qlf1 to Qlf 3 and can be used on its own.

A runner with a score of over 100 is certainly one that should be looked at.

The “NS” rating is another new rating and a score of 10 or better points towards an interesting selection.

These are just guides but they give you some idea of how I feel about each column.

It’s actually interesting because I love statistics but I get a lot of enjoyment using the ratings on a new day and trying to figure out which selections I may go for.

It’s so easy when looking at results to imagine you would have or you wouldn’t have used a selection….

…But it is so different when you are going through the race card in the morning and trying to make a decision on what selections to use.

I tend to stick to the top 2 or 3 ranked runners.

I know they don’t always win or place but I feel I get more success from them than I do other runners.

Although I will admit I haven’t really studied outsiders yet.

I generally look through the cards first of all to see if there are any selections that stand out.

Another method that I like to use is to score a runner based on if it has the highest or joint highest number in a column.

Again only sticking to the top ranked runners I will give 1 point for each column where they score highest or joint highest.

3 or higher is worth considering for a place where a score of 5 or 6, I may consider for a win.

Have a look yourself here.

http://greyhorsebot.co.uk/artview.asp?pnum=98

Thank you as always for reading I really do appreciate it.

Malcolm

The Grey Horse Bot

Today’s Selection

1.50 Wetherby Tiptoeaway – 7/1 Bet Victor

Place Ratings

Today we have our regular Wednesday column from Malcolm Pett of http://greyhorsebot.com

Using ratings to find selections to place

I was never really interested in the place market on Betfair until recently.
But while working on a new ratings system I noticed a trend that got my attention.

Lately I have got very interested in high strike rate systems that normally select runners that are ranked 1st to 3rd in the betting.

Admittedly these are not the easiest systems to make money with but they can be a little more interesting to follow than your average “One a day” wait for a winner type system.

I am not knocking this type of system as I run many of them myself. I am just saying that sometimes it’s nice to have a few more selections that seem to win very often.

Over the last year or so I have been creating quite a few rating figures based on different ideas and I have shared some of these with Grey Horse Bot users.

The idea of creating any ratings is to help you identify potential winners but I think “help” is the key word…

…They can be useful in helping you to narrow down the field and letting you concentrate on just a few selections in each race.

In my last couple of articles I have mentioned that I was concentrating on the top 3 in the betting as ranked by the BSP prices early in the morning and I wanted to carry on with that idea.

I tend to try and make it a little easier on myself like sticking to “Handicap” races only as I have in this case.

As a programmer with quite a large database of results and information to use I am lucky in the sense that I can come up with ideas and then test them quite quickly.

But you should never forget the fact that humans are very good at noticing patterns.

I make sure I spend a great deal of time just looking at my ratings within the context of a lot of other racing information, just to see if I notice something that I may not have seen just by looking at individual numbers.

And this is what I was doing while looking at my latest ratings.

It appeared that the selections that I had been highlighting (I use yellow normally) to show me strong selections (although were not winning all the time) did appear to place.

Of course nothing is ever that simple and the next thing was to discover if I could come up with a way of identifying enough winning selections to make money.
And that’s where I am at the moment.

I have a list of daily selections and I have to decide which ones I am going to place.

With a couple of rules I am able to either discount the race entirely or select just one runner to follow.

If you would like to see the daily selections and the ideas I have come up with then pop over here for a look. Click Here

You can look back to the beginning of this month at the moment to see if you can find anything yourself.

Thank you as always for reading I really do appreciate it.

Malcolm

The Grey Horse Bot

http://greyhorsebot.com

Today’s Selection

12:35:00 Fairyhouse Digeanta – eachway bet 6/1 Bet Victor, Bet 365

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