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In Betting Thoroughbreds, Steve Davidowitz claimed that (in 1974), "the top-figure horse wins 35 percent of the time, at a slight loss for every $2.00 wagered." This is an example of using the top figure as a "power rating," or singular measure of a horse's ability. In horse racing, power ratings are generally called class ratings.
The figures below are the official all-time highest rankings for horses who raced in Australia, Dubai, Europe, Hong Kong, Japan and Scandinavia, as supplied by Neil O'Connor of Timeform. Until very recently (approximately 2000), horses who raced exclusively in America were never given Timeform ratings, so they can not be compared directly to ...
Form is arranged chronologically from left (oldest) to right (newest). So, in the example above, the horse Mill Reef gained a fourth place, followed by a third, then took some time out from racing, then gained a second followed by falling in the next race, and its latest result was a win.
Some horse racing betting systems can be based on pure statistical analysis of the odds, while others also analyze physical factors (e.g. the horses' form, jockey form and lane draw). Common forms of betting systems for horse racing are: hedging - betting on multiple outcomes in a race; arbitrage - lay the horse a low price and back it at a ...
Behind the betting windows at Ascot racetrack, Australia February 1939. An automatic totalisator is a device to add up the bets in a pari-mutuel betting system. The whole of the pot (the stakes on all competitors) is divided pro rata to the stakes placed on the winning competitor, and those tickets are paid out.
Bull had started betting as a schoolboy and could recall a winning bet on Caerlon at 25/1 in the 1931 Derby. [6] By the 1940s, Bull was betting in earnest using his self-devised time ratings which he also sold under the pseudonym of the Temple Time Test, becoming in the process a well-known figure on British racecourses.
Also known as a race book (form guide in Australia), which in this case is a small booklet issued for use at a race meeting. A typical racecard lists information not only about the horse's name, but also its age and the weight it has to carry in the race. The rider and trainer are listed, plus figures indicating the horse's recent form.
Andrew Beyer is the author of four books on racing and was The Washington Post 's horse racing columnist [2] from 1978 to his retirement in 2016. He has been honored with the Walter Haight Award for career excellence by the National Turf Writers and Broadcasters and with a place on the Joe Hirsch Honor Roll at the National Museum of Racing and ...