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Old 08-14-2018, 06:18 PM   #291
Suff
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Join Date: Jun 2002
Location: Beach life in Fort Lauderdale
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Quote:
Originally Posted by Dave Schwartz View Post
Finally, there is this...





This is absolutely unprecedented.

What does it mean?
It means that the days of just picking longshots with no regards for how strong the low-odds horses are or aren't and being competitive are pretty much over.

It means that if you are going into a race with an idea that sounds even remotely like, "I just pretend that all the horses under 8/1 are not in the race," you are done before you get started, because the low odds horses are going to pound you.

Permit me to give you some sobering stats:




Do you want to connect on 20/1 horses? They come up 2.69% of the time. That is once every 37 races.




What's that you say? You only play 8-horse fields and above?

Well, that will add a couple of points to your chances. You're now all the way up to 4.36%.

One of those occurs every 23 races. Hope you have the right horse in that race.

Let's be more realistic. (And back to all races again.)
86% of all winners are under 8/1.
79% of all winners are under 6/1.
70% of all winners are under 9/2.
61% of all winners are under 7/2.

What about 8+ horse fields?
81% of all winners are under 8/1.
73% of all winners are under 6/1.
63% of all winners are under 9/2.
53% of all winners are under 7/2.


So, with all this bad news, where is the good news?

That's coming as soon as I can get it written, which could take me a couple of hours.

Meanwhile, what do YOU think a GOOD answer could be?
Btw Dave, I think Dexter C. Hinton was directing this at you, based upon the numbers you presented to start the thread. That $40 horses occur at 2.67% rate in fields of 5 or more.


Quote:
Dexter C. Hinton
I have a database of 339,796 races from 01-01-2010 through 06-07-2018 (with a minimum field size of five (5)).

I ran a test for winners exceeding $ 19.99 and $ 41.99.

The results were:

44,976 winners exceed 19.99 or 13.23 %

11,697 winners exceed 41.99 or 3.44 %
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