Ratings-Based racing is something relatively new to most Australian punters but is here to stay so we need to get a handle on it. The major difference between ratings-based racing and the old Class 1, Class 2 (etc.) racing can be simplified by an example: In say, a 62RB (Ratings Based) race you can have a Class 1 horse (a horse with only one win), a Class 2 horse (horse with two wins) etc. racing against each-other provided their "rating" doesn't exceed the level of the race, in this example, 62.
Ratings Based races bring together horses relative to their individual ratings and are free of any class restriction. The only 'restriction' on the eligibility for Ratings Based races is that nominated horses must be rated at or below the advertised rating. This allows horses to find suitable races based on their current form, compared to Class 1 to 6 races that hold horses in a particular class based on previous wins.
Whilst there are many advantages RBH (Ratings-Based Handicapping) offers, it must be remembered that it will not always provide the same adjustments that are usually afforded by "discretionary" handicapping. (i.e. using human opinion to issuing a horse's weight) We cannot expect that a horse having a "ratings" adjustment after a particular race, will meet each runner that finished in front of him or her in that race, on better terms in the next race.
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".
Racehorses can fluctuate their form just like human athletes can. Unfortunately though, racehorses cannot talk. So we, as punters, are required to recognise signals and signs from horses at either their previous run, or pre-race, that indicate what stage physically and mentally they are at, in order to find a winner. For example, a horse charges home in a slowly run race early in it's preparation, this sends off obvious warning signs it is ready to win and may even be looking for extra distance. Another example might be if a horse leads, but is 'taken on' by other horses and given little peace. He may well fail in that particular race but then find a softer run up or near the lead at his next start and come out and win, at some value!
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.
Don't be scared by RBH (Ratings Based Handicap) racing. Yes, it has more 'layers' to it (horses competing from differing levels/ classes) but remember, it is a handicap and there will be horses well-weighted and poorly weighted in most races. (based on current form and/or scope to improve in differing conditions/fitness levels) So stay alert and may the best of luck be with you !
Ratings Based races bring together horses relative to their individual ratings and are free of any class restriction. The only 'restriction' on the eligibility for Ratings Based races is that nominated horses must be rated at or below the advertised rating. This allows horses to find suitable races based on their current form, compared to Class 1 to 6 races that hold horses in a particular class based on previous wins.
Whilst there are many advantages RBH (Ratings-Based Handicapping) offers, it must be remembered that it will not always provide the same adjustments that are usually afforded by "discretionary" handicapping. (i.e. using human opinion to issuing a horse's weight) We cannot expect that a horse having a "ratings" adjustment after a particular race, will meet each runner that finished in front of him or her in that race, on better terms in the next race.
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".
Racehorses can fluctuate their form just like human athletes can. Unfortunately though, racehorses cannot talk. So we, as punters, are required to recognise signals and signs from horses at either their previous run, or pre-race, that indicate what stage physically and mentally they are at, in order to find a winner. For example, a horse charges home in a slowly run race early in it's preparation, this sends off obvious warning signs it is ready to win and may even be looking for extra distance. Another example might be if a horse leads, but is 'taken on' by other horses and given little peace. He may well fail in that particular race but then find a softer run up or near the lead at his next start and come out and win, at some value!
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.
Don't be scared by RBH (Ratings Based Handicap) racing. Yes, it has more 'layers' to it (horses competing from differing levels/ classes) but remember, it is a handicap and there will be horses well-weighted and poorly weighted in most races. (based on current form and/or scope to improve in differing conditions/fitness levels) So stay alert and may the best of luck be with you !
About the Author:
David Gately, baffled by the quantity of "professional" organisations out there, trying to make a quick buck by flogging rubbish horse racing tips, continues to offer value information at the best prices around.
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