A lot of times statistical data just confirms hunches that you already had. Well one hunch I have is that a horse race comes down to basically two metrics: speed and lengths gained; but which one is more important than the other depends on how the race unfolds. There are many ways to categorize a race, but in the interest of time and my own sanity I’ll break it down like this: races built for speed-horses, races for stalkers, races for deep stalkers and races for closers. All four of these races come down to speed and lengths gained, but the importance of these two metrics in relation to one another is what differs from race to race.
Speed: A race that caters to speed-horses could be one where the lone speed will dictate the race, or it could be one where the speed-bias on the track is so unbelievably bad that no matter how fast they go early on in the race, the speed will carry. The scenario under which the speed-horse dominates doesn’t matter, all that matters is if you think this race will play kindly to speed, you should factor each horse’s speed rating more than their lengths gained rating. I’m currently using a 70:30 ratio of speed to lengths gained. I will tell you how well it works next week in part two of this blog.
Stalker: Races that play well to stalkers are races where the speed is getting pushed just enough to the point where he’s getting tired but a speed-duel hasn’t developed. Usually if I see three horses that want but don’t need the lead, I think to myself this is a stalkers race. Of course, the fractional times are irrelevant because what is fast for one group of horses will be slow for another group. I’m currently using a 60:40 ratio for this type of race.
The next two styles are self-explanatory at this point so I’ll just say that the deep stalker ratio is 50:50 speed to lengths gained and the deep closer is 40:60 speed to lengths gained.
Of course, there are pitfalls to all of this. The biggest one is that I am not including jockeys and trainers. The reason for this is the Breeder’s Cup. Jockeys run hot and cold and there is no metric that can account for this. Mike was worth a 160 on both days of the Breeder’s Cup, but who could’ve predicted he was capable of that? It’s more or less the same with trainers, Baffert is a future hall of famer but there is something with him and the BC Classic that defies logic therefore cannot be accounted for. As always, use your discretion when it comes to jockeys and trainers. If it seems like a jockey is on a hot streak, take that into consideration.
As most people on the backstretch will tell you, a horses workout time is less relevant compared to how they did the workout. Also, as the speed of the track changes from day to day the results are distorted even more. For example, Paynter took to the track and turned in 5 furlongs in 1:00 and three, then two days later Declaration of War turns in 5 furlongs in 1:01. So, who had the better workout? The answer is whoever got more out of it, which is not always easy to discern from just going by the times.
Why I’m excited to test this out:
At risk of sounding biased, the speed rating and lengths gained rating are the two most accurate measures of a horse’s performance I have ever seen. Do I think that there will ever be a day when you can just turn off your brain, look at raw numbers and correctly predict a horse race? Absolutely not, however these two numbers are as close as one will ever get because they are accurate measurements of the two factors that make a horse successful. Just like how a boxing match is composed of a million different factors but is mainly hitting and blocking, a horse race is composed of a million different factors but is mainly speed and gaining lengths on your opponents. The horse that can do these two things successfully is the winner.
So, here’s what I am going to do.
I’m going to handicap two cards at two different tracks using this system. I have decided to pick two tracks on opposite ends of the country so as to not be regionally biased. I will handicap Hollywood Park on Saturday and Aqueduct on Sunday. In the interest of transparency, I will post my selections by Saturday morning. I will not handicap every single race simply because that is not my handicapping style. I will handicap four races from each track and you can follow along with my picks from home if you like.
If you’re up for some friendly trash talk you can find me on Twitter @TAnalytic
The Handicapping Experiment Continues
Last week I decided to eliminate most of the Thoroughbred Analytics proprietary metrics and focus solely on Speed and Lengths Gained. The experiment showed mixed results, but upon further analysis gave me reason to believe that I’m on to something.
I was under the belief that if the pace scenario seemed like it was going to be fast weigh the lengths gained metric more, if the pace scenario seemed like it was going to be slow weigh the speed metric more-this was absolutely wrong, but speed and lengths gained are crucial.
I handicapped 4 races at Hollywood Park’s all-weather track, 4 races at Aqueduct (3 turf, 1 dirt) and then on my own time 4 races at Gulfstream (2 turf, 2 dirt) The speed and lengths gained metric when combined offered me absolutely no help on the dirt- I failed miserably in all three races, it was embarrassing. Of course, just like how science stumbled upon penicillin and Viagra, I stumbled upon a new handicapping technique.
I bombed on all three dirt races and had mixed results on the all weather surface, but then there was turf. In 5 turf races the winner was accurately predicted 4 out of five times when weighing speed, post-position and lengths gained while weighing lengths gained the most. In four of the five races, the winner scored the highest or second highest in lengths gained!
What makes this all the more interesting is that the races that were studied all unfolded very differently with very different pace scenarios, but 4 out of five times the winner of the lengths gained metric was there at the end. It was also interesting to note that neither speed nor lengths gained seemed to predict dirt races very well, I found that traditional handicapping would’ve served me better.
So, what does this all mean?
It seems like my speed/lengths gained theory isn’t working well on dirt so there is no reason to pursue it further, but I want to see if the success I had on turf was a fluke or not. The problem is all the turf races were at a mile and a sixteenth, so it may be the turf or it may be the distance, who knows?
This weekend I am going to handicap only turf races at two different tracks at two different at a multitude of distances. If I am on to something, and that’s a big if, then this may be the biggest handicapping discovery of the decade. So, here’s the gameplan: I am going to use speed, and lengths gained while incorporating post positions as well. I’ll weigh lengths gained slightly more than speed regardless of the pace scenario. I would also like to incorporate horses passed as this may help as well. It seems that all of these turf races can be boiled down to a sprint from the three-eighths pole to the wire in spite of the preconceived notions of dirt handicapping more simplistic than turf handicapping.
I am going to recap each race on the blog next week. I’ll reveal the picks beforehand just so everyone knows that they are legit. I’ll reveal the formula I used to come up with them in detail in next weeks blog. Wish me luck!
Picks for Churchill Downs on Saturday, Nov. 16, 2013
Race 3
Race 7
Race 8
Race 9