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Speed Rating Hurdle System

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SPEED RATINGS HURDLE SYSTEM

The use of the clock in National Hunt racing is a far less popular method for searching for winners than it is in flat racing, simply because of the many discrepancies with which the jumping code is burdened with (unreliable race distances, ultra-slow run races, unreliable standard times to name but a few). That is, however, not to say that profits cannot be made by using time as a guide. In fact, it could be argued that if an edge in this sphere could be found then it would probably prove profitable to follow for a longer time span than a similar system devised for flat racing would, due to the popularity of speedratings amongst punters on the latter code driving prices down taking away any value to be had. Well start by looking at all races over the last four NH seasons and the results of those runners rated/not rated by Topspeed (the Racing Posts very own speed rating figures)
TOPSPEED WINS RUNS STRIKE% LSP LSP%

Top-rated Not top-rated

2917 10101

12701 115876

22.97 8.72

-764.14 -35871.01

-6.02 -30.96

Immediately this tells us that Topspeeds top-rated runners should be given respect in National Hunt races. The LSP% loss of a little over 6% is highly commendable considering over 12 thousand races were involved, and of course there will undoubtedly have been plenty of no-hopers making up a percentage of the selections. Concentrating on these Topspeed top-rated horses, well analyse them further by looking at their starting prices. Its logical to presume that those towards the head of the market are going to be the ones producing the higher strike rates and higher profits, as many of the bigger priced selections will probably have been running under unsuitable conditions, hence their inflated prices

SP position

WINS

RUNS

STRIKE%

LSP

LSP%

1st fav 2nd fav 3rd fav 4th fav 5th fav 6th fav

1635 653 281 154 85 51

4001 2566 1869 1371 934 663

40.86 25.45 15.03 11.23 9.10 7.69

-217.67 195.33 -195.12 -157.67 -69.50 -3.50

-5.44 7.61 -10.44 -11.50 -7.44 -0.53

7th fav 8th fav 9th fav 10th fav

25 17 4 12

419 310 182 386

5.97 5.48 2.20 3.11

-106.00 -17.00 -92.00 -101.00

-25.30 -5.48 -50.55 -26.17

No surprise then to see a gradual fall in strike rate % as the SP position rises. Its clear from the above stats that its the front two horses in the betting which we need to be concentrating, with just a small loss of 22.34 level stake points from over six and a half thousand bets. So have our first two rules; top-rated on Topspeed and either favourite or 2nd favourite in the betting. Next well analyse these qualifiers by examining the results from different race distances
DISTANCE WINS RUNS STRIKE% LSP LSP%

2m 2m 2f 2m 2.5f 3m > 3m 0.5f

834 1082 372

2427 3079 1061

34.36 35.14 35.06

-66.81 -9.28 53.75

-2.75 -0.30 5.07

Theres no denying over which distances the profit comes from although the strike rates are almost identical, clearly the shorter the trip, the more over bet the qualifiers are. Concentrating solely on those running in races over a distance of further than three miles returns a healthy 5.07 LSP%. Finally well look to see whether the race type has any bearing on results, as the pace of jumping hurdles differs somewhat to that of jumping fences
OBSTACLE WINS RUNS STRIKE% LSP LSP%

Chase Hurdle

249 123

776 285

32.09 43.16

-30.21 83.96

-3.89 29.46

Pretty conclusive proof there that hurdle races are the ones to concentrate on here. Not much of a surprise really as the pace in hurdle events is much stronger than in chases, as the horses can jump the smaller obstacles far more quickly than the bigger fences, and therefore speed ratings have more of an impact in hurdle races. So the final rules and results are as follows

a) b) c) d)

Topspeed top-rated horses only Horse must be either first or second SP favourite Only consider races longer than 3 miles in distance Hurdle races only
WINS RUNS STRIKE% LSP LSP%

YEAR

2001 2002 2003 2004

28 30 40 25

77 66 76 66

36.36 45.45 52.63 37.88

18.99 15.53 37.32 12.12

24.66 23.53 49.11 18.36

TOTAL

123

285

43.16

83.96

29.46

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