Tag Archives: street

Gordon Elliott Perth Selections

Today a reminder of the recent article by Mark Foley of Betting School Insiders.

You no doubt recall that Mark highlighted that Gordon Elliott does very well with the horses he ferries over to Perth and that so far this year if you just backed all of the Elliott horses that run at Perth you would have made a tidy SP profit.

The 2014 stats for all Gordon Elliott, Perth starts are as follows…

Runs = 38
Wins = 15
Strike rate = 39
Profit at industry SP = 25.2
Return on Investment = 66.32%

Today Elliott has 7 runners, two in the 15:00, they all have chances and are all trading towards the head of their markets.

Hopefully we'll have a good day…

14:25:00 Perth 1 Pumped Up Kicks (IRE) – 9/4 Bet Victor
15:00:00 Perth 3 Formal Bid (IRE) – 3/1 Sky Bet
15:00:00 Perth 6 Moss Street – 7/4 Sky Bet
16:10:00 Perth 2 Crown Theatre (IRE) – 5/2 Bet Victor
16:45:00 Perth 1 High Expectations (FR) – 10/3 Bet Victor
17:15:00 Perth 2 Raajih – 11/2 Sky Bet
17:45:00 Perth 2 Tico (IRE) 9/4 Will Hill

Word from the Nerd

This weeks article from Malcolm Pett of http://greyhorsebot.com sheds some light on the topic of value…

People are always talking about value when it comes to horse racing.

But for the average punter in the street it’s a bit of a mystery.

It sounds like one of those weird things that all the experts like to talk about among themselves, while keeping everyone else in the dark about what it actually is.

Well let’s see if we can shed light on the subject.

The obvious explanation for value is:

“A horse’s real chance of winning is better than the odds reflect.”

So a horse may have a current price of 4/1 but according to those in the know it should be 3/1.

All things being equal if you placed a bet on every horse where you found this discrepancy you should make a profit because the horse should win more often than the odds reflect.

But this is where for the average punter the problem lies.

How do you tell if a horse’s current price represents value?

Well that’s where the whole thing gets complicated.

It is really based around opinions and peoples different way’s of deciding if a horse has a better chance of winning, than the general view.

Most people try to work it out early so they can take a better price before the rest of the markets catch on.

Sometimes you can even see a difference between bookies and Betfair (which most people believe to represent a more accurate view of a horse’s true chance of winning).

But it still doesn’t help if you haven’t got a way of looking at each horse and deciding which one has the best chance of winning.

I always look at it from a system development point of view.

If I create a system that has a 25% strike rate then I need to get average winning odds of at least 4.00 to break even.

But I need better odds than that to make money.

But really that is all a system is…

It identifies horses that traditionally have odds higher (or better value) than the strike rate of the system points towards.

That’s why I always tell people… 

“Although there are lots of different statistics you can watch and monitor it is the strike rate and average winning odds that dictate if a system is profitable or not.”

So once you developed, purchase or find a system that you want to use, your only priority is to find the best price you can for each selection.

At the end of the day you can not control the strike rate of a system unless you “tweak” it (but then it becomes a new system) so your only chance to make profit is to work on the average winning price.

My own personal experience always leads me to Betfair because even after the 5% commission generally the prices are much better especially when you are not on the favourite.

Anyway I hope that goes some way to showing what value is.

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

Malcolm
“The nerd”

http://greyhorsebot.com

Today's Selection

Sandown 7.25 Prince of Stars – win bet – 9/4 Boylesports

Sire System 61% ROI

There are many ways to approach racing and winning from betting and no best way.

But you are likely to be more profitable though if you use an approach that the majority don't use.

One such approach that the man in the street tends not to pay attention to, unless it is called out by somebody in the media is betting on the influence of the sire.

But characteristics and preferences are passed from father to foal and knowing the inbred preferences of a horse can help us find winners.

So today I have the results of some research into one such angle which will hopefully identify some winners for us over the coming weeks.

The sire we are looking at today is Teofilo(IRE).

What I've targeted today is the All Weather runners of the Teofilo progeny.

With any angle the most profit will come from runs made before the horse and it's ability is exposed so we are looking at 2 and 3 year olds in their first 5 runs.

The preferred distance is 7 furlongs or 1 mile.

And we are only betting on standard going which prevails 99% of the time.

So they are the rules and the results for the last 4 years, which is when we first started seeing qualifiers is…

Runs = 82

Wins = 18

Strike Rate = 21.95%

Profit at iSP = + 50.56

Return on Investment = 61.54%

Those figures jump up if we exclude the first year. Looking at just 2012 – 2014 then there is profit in each year with an ROI of 86.93%.

These breakdown to…

2012 ROI = 96%

2013 ROI = 78%

2014 ROI = 66%

Looking at the individual courses there has been no profit at Dundalk or Wolverhampton.

Most of the runs have been at southern tracks (Lingfield, Kempton) so it may be that rather than these runners having no preference for the northern tracks it may just be a case of where the majority of the progeny are based currently.

Do you follow any sire systems or use sire influences in your selection process, if so and you'd like to share them then please add a comment.

Today's Selection

Catterick 4.20 Georgian Firebird – win bet – 4/1 Sky Bet

 

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