Methodology

Desert Orchid

Senior Jockey
Joined
Aug 2, 2005
Messages
25,765
They say there is more than one way to skin a cat.

Quite why anyone would want to skin a cat in the first place is beyond even a non-cat-person like me. It reminds me of the last time I visited the local RSPCA place. It was tiny. You couldn't swing a cat in there...

That's me sidetracked before I begin!

Looking through the Ayr card today reminded me of an aspect of my methodology that I don't think I've mentioned in detail before. And it's maybe something others do in principle/effect.

It relates to the idea of better races being better form. That might sound obvious but what I mean is that a one length winner of a Class 2 handicap might be better-handicapped than a three-length winner of a Class 4 one.

I suppose it all boils down to your own way of evaluating the form, though.

Years ago, around the time I was having letters to the Raceform Update serialised, I laid out my basic methods. (They stopped printing them round about the same time Raceform released their book on handicapping - I contacted Tony Peach and was led to believe (without giving his exact words) it was because my methods were so similar to the ones their handicappers used [at that time].)

But I had a Pauline moment one day at Ayr.

I'd always assumed that in order to win a handicap a horse had to be better than its mark. But that day, for the first time that I could remember, I came across an all-age Class 6 Maiden Handicap. The majority of the runners had form figures 000000. So here was a race framed to allow horses that couldn't beat me to pick up a first prize.

That was when I realised that I had to make some kind of allowance for the more valuable handicaps to count for more than the everyday ones.

The principle still holds good - if not even more so with more lucrative sponsorship - today.

I reckon in some of the biggest handicaps horses that finish as far back as tenth might still have outrun their handicap mark. That's highly unlikely to be the case in a £10k Class 4 race.

The other aspect of this is that the handicappers are tied to their procedures and if the likes of the Wokingham finished with a host or runners within a couple of lengths of each other, the handicappers will assume they have done their job well and put up a narrow winner relatively little when it is highly likely that it has beaten a host of other well-handicapped horses. I would be quite categorical that a winner of a race worth at least £100k has more than 4lbs or 5lbs in hand of its mark.

We've seen examples recently of horses getting down much lower than their ability levels and exploiting this system, for example Kitty's Light over jumps, landing the Eider, Scottish National and Whitbread. Having gone up to 149 in 2021, a coldly executed campaign resulted in the horse getting into the Eider off 132 before following up at Ayr and Sandown off 140, in the latter race taking advantage of the no penalty condition.

For me, this is brilliant training if I catch on to them (I didn't back it at Newcastle, though) and total wido-ness when I miss them!

Summerghand and Orbaan are other examples for a trainer especially gifted in this [dark] art.

But it's all part of the fun.
 
3 horses that made me money last year.

These days the hcapper is more lenient than the old days and drops horses regularly.
Summerghand dropped another 2lb to 103 after its york run.
Mr Wagyu dropped 2 as well to 96 and is seriously well hcapped now.
Gulliver dropped 3 to 89.

Since 2017
Summerghand has run 78 times. Won 16 2nd 11 3rd 6 times
Mr Wagyu 73 15 6 11

Both good consistent sprinters.
 
Horses race - trainers place,imo.
It's axiomatic that the better horses will run for the better purses.
 
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I pretty much agree with you, desert, but the handicapper does start off with the sort of rating that generally wins the race which means they are already taking account of the class factor. It can also mean that a lower class horse trying its luck in the in the big (higher class) race can finish up overrated. I can’t bring one to mind atm, but have often seen a lower class horse carrying a rating earned from its try in a higher class race which considerably higher than anything it has earned before and which it never gets near again.
 
... but the handicapper does start off with the sort of rating that generally wins the race which means they are already taking account of the class factor...

This is where I was going wrong back in the day. I worked on the basic [somewhat misguided] premise that winners and placed horses had run better than their mark and the others either to or below it. I used that experimentally to help me analyse handicaps better and it generally worked until 'good' winners of lower-class handicaps came into the better ones and were wiped out. I applied that same principle to all handicaps.

I don't do that any more. That's why I put a 'par' figure at the top of my ratings column in the tables I occasionally put on here. I'll put a couple of samples up below.

There will be races in which MANY of the runners have a figure that at least matches the par. These are races the form of which is usually worth following. There are races in which NONE of the runners are at par. This usually requires at least one of them to improve and I've also found that probably a majority of 3-5yos - and sometimes older - are generally improving despite heavy defeats along the way. (In NH races they can improve even after they turn 10.)

For example, if I have ratings of (chronologically) 90, 92, 85, 84, 94, 85, 84, 96 for a horse, I will regard that horse as an ongoing improver but one who is inconsistent or placed not to run to form. I would expect it at some point to hit 97 or 98 in due course.

Example A - The 2023 County Hurdle - the MON column is my own ratings. I reckoned an adjusted rating of 167 (usually enough to win a good Class 2 Saturday handicap) would be up to placing in this most competitive of races. Look how many potential winners (including the actual 33/1 winner as well as the third and fourth) were in the field.

[TABLE="width: 481"]
<tbody>[TR]
[TD]Horse[/TD]
[TD]Weight[/TD]
[TD]OR[/TD]
[TD]MON
167+[/TD]
[TD]Notes[/TD]
[/TR]
[TR]
[TD] Glory And Fortune [/TD]
[TD]11-3 [/TD]
[TD]144 [/TD]
[TD]177[/TD]
[TD]?[/TD]
[/TR]
[TR]
[TD] Highway One O Two [/TD]
[TD]11-2 [/TD]
[TD]143 [/TD]
[TD]177[/TD]
[TD]? p[/TD]
[/TR]
[TR]
[TD] Faivoir [/TD]
[TD]10-7 [/TD]
[TD]134 [/TD]
[TD]174[/TD]
[TD][/TD]
[/TR]
[TR]
[TD] Milkwood [/TD]
[TD]11-0 [/TD]
[TD]141 [/TD]
[TD]173[/TD]
[TD][/TD]
[/TR]
[TR]
[TD] Sharjah [/TD]
[TD]12-0 [/TD]
[TD]155 [/TD]
[TD]171[/TD]
[TD][/TD]
[/TR]
[TR]
[TD] Aucunrisque [/TD]
[TD]11-6 [/TD]
[TD]147 [/TD]
[TD]171[/TD]
[TD]p[/TD]
[/TR]
[TR]
[TD] Filey Bay [/TD]
[TD]11-0 [/TD]
[TD]141 [/TD]
[TD]171[/TD]
[TD][/TD]
[/TR]
[TR]
[TD] Gin Coco [/TD]
[TD]10-8 [/TD]
[TD]135 [/TD]
[TD]170[/TD]
[TD]+p[/TD]
[/TR]
[TR]
[TD] Teddy Blue [/TD]
[TD]10-3 [/TD]
[TD]130 [/TD]
[TD]170[/TD]
[TD][/TD]
[/TR]
[TR]
[TD] Ganapathi [/TD]
[TD]10-9 [/TD]
[TD]136 [/TD]
[TD]169[/TD]
[TD]nov[/TD]
[/TR]
[TR]
[TD] Anna Bunina [/TD]
[TD]11-2 [/TD]
[TD]143 [/TD]
[TD]165[/TD]
[TD][/TD]
[/TR]
[TR]
[TD] Pinkerton [/TD]
[TD]11-0 [/TD]
[TD]141 [/TD]
[TD]165[/TD]
[TD][/TD]
[/TR]
[TR]
[TD] Glan [/TD]
[TD]10-7 [/TD]
[TD]134 [/TD]
[TD]165[/TD]
[TD]+p[/TD]
[/TR]
[TR]
[TD] Path D'oroux [/TD]
[TD]11-0 [/TD]
[TD]141 [/TD]
[TD]164[/TD]
[TD]? nov[/TD]
[/TR]
[TR]
[TD] Highland Charge [/TD]
[TD]10-12 [/TD]
[TD]139 [/TD]
[TD]164[/TD]
[TD]p nov[/TD]
[/TR]
[TR]
[TD] Pied Piper [/TD]
[TD]11-13 [/TD]
[TD]154 [/TD]
[TD]163[/TD]
[TD][/TD]
[/TR]
[TR]
[TD] Ballyadam [/TD]
[TD]11-7 [/TD]
[TD]148 [/TD]
[TD]163[/TD]
[TD]p[/TD]
[/TR]
[TR]
[TD] Prairie Dancer [/TD]
[TD]11-3 [/TD]
[TD]144 [/TD]
[TD]163[/TD]
[TD]+[/TD]
[/TR]
[TR]
[TD] Magnor Glory [/TD]
[TD]10-9 [/TD]
[TD]136 [/TD]
[TD]163[/TD]
[TD]+p[/TD]
[/TR]
[TR]
[TD] Petit Tonnerre [/TD]
[TD]10-13 [/TD]
[TD]140 [/TD]
[TD]162[/TD]
[TD]+p t?[/TD]
[/TR]
[TR]
[TD] Luttrell Lad [/TD]
[TD]10-6 [/TD]
[TD]133 [/TD]
[TD]162[/TD]
[TD][/TD]
[/TR]
[TR]
[TD] Nibiru [/TD]
[TD]10-3 [/TD]
[TD]130 [/TD]
[TD]162[/TD]
[TD][/TD]
[/TR]
[TR]
[TD] Winter Fog [/TD]
[TD]11-11 [/TD]
[TD]152 [/TD]
[TD]160[/TD]
[TD]+p[/TD]
[/TR]
[TR]
[TD] Saint Sam [/TD]
[TD]11-11 [/TD]
[TD]152 [/TD]
[TD]160[/TD]
[TD][/TD]
[/TR]
[TR]
[TD] Hunters Yarn [/TD]
[TD]11-6 [/TD]
[TD]147 [/TD]
[TD]160[/TD]
[TD]+p nov[/TD]
[/TR]
[TR]
[TD] Wonderwall [/TD]
[TD]10-7 [/TD]
[TD]134 [/TD]
[TD]160[/TD]
[TD][/TD]
[/TR]
[TR]
[TD] Pembroke [/TD]
[TD]10-9 [/TD]
[TD]136 [/TD]
[TD]159[/TD]
[TD]nov[/TD]
[/TR]
[TR]
[TD] First Street [/TD]
[TD]11-11 [/TD]
[TD]152 [/TD]
[TD]156[/TD]
[TD][/TD]
[/TR]
</tbody>[/TABLE]

And Example B - The Martin Pipe from the same card - it was always going to take an improver to win this and that's what happened, and see how many of the field were very likely to improve.

[TABLE="width: 475"]
<tbody>[TR]
[TD]Horse
[/TD]
[TD]Weight
[/TD]
[TD]OR
[/TD]
[TD]MON
159+
[/TD]
[TD]Notes
[/TD]
[/TR]
[TR]
[TD] Fifty Ball
[/TD]
[TD]10-7
[/TD]
[TD]126
[/TD]
[TD]160
[/TD]
[TD][168]
[/TD]
[/TR]
[TR]
[TD] West To The Bridge
[/TD]
[TD]11-4 5ex
[/TD]
[TD]137
[/TD]
[TD]159
[/TD]
[TD]? p
[/TD]
[/TR]
[TR]
[TD] Felix Desjy
[/TD]
[TD]11-12
[/TD]
[TD]145
[/TD]
[TD]158
[/TD]
[TD][/TD]
[/TR]
[TR]
[TD] Might I
[/TD]
[TD]11-12
[/TD]
[TD]145
[/TD]
[TD]158
[/TD]
[TD]p +t?
[/TD]
[/TR]
[TR]
[TD] Vultan
[/TD]
[TD]10-5
[/TD]
[TD]124
[/TD]
[TD]158
[/TD]
[TD]?
[/TD]
[/TR]
[TR]
[TD] Molly Ollys Wishes
[/TD]
[TD]11-7
[/TD]
[TD]140
[/TD]
[TD]157
[/TD]
[TD][/TD]
[/TR]
[TR]
[TD] Imagine
[/TD]
[TD]11-6
[/TD]
[TD]139
[/TD]
[TD]156
[/TD]
[TD]p nov +t?
[/TD]
[/TR]
[TR]
[TD] Au Fleuron
[/TD]
[TD]11-2
[/TD]
[TD]135
[/TD]
[TD]156
[/TD]
[TD]+p
[/TD]
[/TR]
[TR]
[TD] Innatendue
[/TD]
[TD]10-6
[/TD]
[TD]125
[/TD]
[TD]156
[/TD]
[TD]?
[/TD]
[/TR]
[TR]
[TD] Cool Survivor
[/TD]
[TD]11-7
[/TD]
[TD]140
[/TD]
[TD]155
[/TD]
[TD]p? nov
[/TD]
[/TR]
[TR]
[TD] Spirit Of Legend
[/TD]
[TD]11-4
[/TD]
[TD]137
[/TD]
[TD]155
[/TD]
[TD]+p nov
[/TD]
[/TR]
[TR]
[TD] Irish Hill
[/TD]
[TD]11-1
[/TD]
[TD]134
[/TD]
[TD]155
[/TD]
[TD]+p
[/TD]
[/TR]
[TR]
[TD] Impulsive One
[/TD]
[TD]11-0
[/TD]
[TD]133
[/TD]
[TD]154
[/TD]
[TD]p nov
[/TD]
[/TR]
[TR]
[TD] In From The Cold
[/TD]
[TD]11-0
[/TD]
[TD]133
[/TD]
[TD]154
[/TD]
[TD]p nov NB
[/TD]
[/TR]
[TR]
[TD] No Ordinary Joe
[/TD]
[TD]11-6
[/TD]
[TD]139
[/TD]
[TD]153
[/TD]
[TD]p
[/TD]
[/TR]
[TR]
[TD] Mark Of Gold
[/TD]
[TD]11-6
[/TD]
[TD]139
[/TD]
[TD]152
[/TD]
[TD]+p nov
[/TD]
[/TR]
[TR]
[TD] Iroko
[/TD]
[TD]11-5
[/TD]
[TD]138
[/TD]
[TD]152
[/TD]
[TD]+p nov
[/TD]
[/TR]
[TR]
[TD] Saylavee
[/TD]
[TD]11-4
[/TD]
[TD]137
[/TD]
[TD]152
[/TD]
[TD]nov
[/TD]
[/TR]
[TR]
[TD] Spanish Harlem
[/TD]
[TD]11-2
[/TD]
[TD]135
[/TD]
[TD]152
[/TD]
[TD]p nov
[/TD]
[/TR]
[TR]
[TD] Firm Footings
[/TD]
[TD]11-1
[/TD]
[TD]134
[/TD]
[TD]152
[/TD]
[TD]p nov
[/TD]
[/TR]
[TR]
[TD] Haxo
[/TD]
[TD]10-13
[/TD]
[TD]132
[/TD]
[TD]152
[/TD]
[TD]p nov
[/TD]
[/TR]
[TR]
[TD] Buddy One
[/TD]
[TD]10-12
[/TD]
[TD]131
[/TD]
[TD]152
[/TD]
[TD]p nov
[/TD]
[/TR]
[TR]
[TD] Hollow Sound
[/TD]
[TD]10-10
[/TD]
[TD]129
[/TD]
[TD]152
[/TD]
[TD]p
[/TD]
[/TR]
[TR]
[TD] Hey Johnny
[/TD]
[TD]10-8
[/TD]
[TD]127
[/TD]
[TD]152
[/TD]
[TD][/TD]
[/TR]
</tbody>[/TABLE]
 
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