My HorseRaces may provide users the possibility of achieving long term profits through dedicated analysis of horse races.
Each class of race requires its own analytical approach and dedicated analysis of a class of race over time may enable the My HorseRaces' user to establish the approach that puts the odds in the user's favour - enabling the user to make profits over the long haul.
In practice, 'putting the odds in your favour' is achieved differently with standard weight rating analysis and with standard speed rating analysis.
In the case of standard weight rating analysis:
many punters bet on a race with little detailed knowledge of the relative merits of the runners in the race
in balancing their books against the demands of uninformed punters, bookmakers set odds that are out of kilter with the 'real' odds reflecting horses' true form
weight rating analysis computes the odds of each horse in a race based on the form of the horses
there is the prospect of long term profits where betting is restricted to those horses in a race whose (distorted) odds offered by bookmakers are more than the theoretical odds from weight rating analysis
of course, there are many choices to be made by the My HorseRaces' user in undertaking weight rating analysis to compute horses' odds
nevertheless, dedicated analysis over some years and the use of My HorseRaces' optimisation facility may produce parameter values and an analytical approach that does put the odds in the user's favour.
In the case of standard speed rating analysis:
the analysis does not compute theoretical odds
the analysis identifies preferred horses based on patterns of speed consistency and relative speed between competing horses
thus, putting the odds (probabilities) in your favour depends on the direct selection of 'speed' horses
again, there are many choices to be made by the My HorseRaces' user in undertaking speed rating analysis to select 'speed' horses
dedicated analysis over some years and the use of My HorseRaces' optimisation facility may produce parameter values for speed rating analysis and an analytical approach that enables the user to realise long term profits from particular race classes.
Beyond separate weight and speed rating analyses, My HorseRaces offers the user the opportunity to blend speed and weight rating analysis and their contrasting ways of putting the odds in your favour.
© Copyright Wayne Mayo 2009