What percentage horse win?

The sport of kings.
Post Reply
User avatar
eminbe
Posts: 191
Joined: Wed Jan 11, 2012 2:47 pm

What is the percentage for a horse to loss if its odds reach 1.15 and 1.10?

Please provide with any website reference.

Thanks in advance.
User avatar
jimibt
Posts: 4197
Joined: Mon Nov 30, 2015 6:42 pm

from a database that i've just queried of all results from 2011 til now, there are:

82231 runners that hit 1.10 and went on to win
9249 runners that hit 1.15 and went on to lose
5071 runners that hit 1.10 and went on to lose

so, about 6.16% of runners that hit 1.10 then go onto lose and 11.25% that hit 1.15. the trick is in finding that 6-12% and exploiting it. also, remember that not all races have a clean finish on 1.01, there are quite a few that finish with odds straddling 2-3 as well.
User avatar
eminbe
Posts: 191
Joined: Wed Jan 11, 2012 2:47 pm

jimibt wrote:from a database that i've just queried of all results from 2011 til now, there are:

82231 runners that hit 1.10 and went on to win
9249 runners that hit 1.15 and went on to lose
5071 runners that hit 1.10 and went on to lose

so, about 6.16% of runners that hit 1.10 then go onto lose and 11.25% that hit 1.15. the trick is in finding that 6-12% and exploiting it. also, remember that not all races have a clean finish on 1.01, there are quite a few that finish with odds straddling 2-3 as well.
Thanks for the info, does it ever happen once daily odds 1.10 and 1.15 lose?
User avatar
jimibt
Posts: 4197
Joined: Mon Nov 30, 2015 6:42 pm

eminbe wrote:
jimibt wrote:from a database that i've just queried of all results from 2011 til now, there are:

82231 runners that hit 1.10 and went on to win
9249 runners that hit 1.15 and went on to lose
5071 runners that hit 1.10 and went on to lose

so, about 6.16% of runners that hit 1.10 then go onto lose and 11.25% that hit 1.15. the trick is in finding that 6-12% and exploiting it. also, remember that not all races have a clean finish on 1.01, there are quite a few that finish with odds straddling 2-3 as well.
Thanks for the info, does it ever happen once daily odds 1.10 and 1.15 lose?
tbh - it varies, you can sometimes see 3 or 4, then maybe only one on occasion, so just need to monitor it.
iambic_pentameter
Posts: 450
Joined: Wed May 18, 2016 1:24 pm

Hello again, Jimibit :mrgreen:

Out of interest, and if it isn't too much trouble, does your data tell you how many horses hit 1.3 and then went on to win / lose?
User avatar
jimibt
Posts: 4197
Joined: Mon Nov 30, 2015 6:42 pm

iambic_pentameter wrote:Hello again, Jimibit :mrgreen:

Out of interest, and if it isn't too much trouble, does your data tell you how many horses hit 1.3 and then went on to win / lose?
yup, sure:

83135 winners hit 1.3
20388 losers hit 1.3

so, that gives a %age of 24.52% - that is worth taking note of. if i were creating a rule based on this, i'd monitor ANY runner that hits 1.3 and then spins out to 2*odds. from there, i'd then measure if it goes beyond that. somewhere in that dusky cosmos, i'd consider placing a lay at th the lowest odds available < 2.5... anyway!! tho in truth, you'd need a (almost) 100% success rate to make the 5% difference between 1.3 odds and the gain of 24.52%..
shakespeare
Posts: 113
Joined: Sat May 21, 2016 1:43 pm

jimibt wrote:83135 winners hit 1.3
20388 losers hit 1.3

so, that gives a %age of 24.52%
That's just what you expect from an efficient market. The probability of a horse priced at 1.3 winning is 1/1.3, which is 77%, so the losing probability is 23%. Your data confirms this to a statistically significant level. (It also means that you don't really need the database to answer this kind of question. ;) )
User avatar
eminbe
Posts: 191
Joined: Wed Jan 11, 2012 2:47 pm

jimibt wrote:from a database that i've just queried of all results from 2011 til now, there are:

82231 runners that hit 1.10 and went on to win
9249 runners that hit 1.15 and went on to lose
5071 runners that hit 1.10 and went on to lose

so, about 6.16% of runners that hit 1.10 then go onto lose and 11.25% that hit 1.15. the trick is in finding that 6-12% and exploiting it. also, remember that not all races have a clean finish on 1.01, there are quite a few that finish with odds straddling 2-3 as well.
If its not too much trouble
How many favourite runners that hit 1.15, 1.10 and 1.05 odds lose and win?
User avatar
jimibt
Posts: 4197
Joined: Mon Nov 30, 2015 6:42 pm

1.15: 82773 won 10004 lost = 12.08%
1.10: 82401 won 6099 lost = 7.4%
1.05: 81785 won 3297 lost = 4.03%

hope these help, factor in commission and they tally to the market efficiency for the respective odds.
User avatar
workpeter
Posts: 165
Joined: Sat Jul 30, 2016 8:29 pm

You can build your own database from free betfair price dumps
https://promo.betfair.com/betfairsp/prices/index.php
User avatar
ShaunWhite
Posts: 10527
Joined: Sat Sep 03, 2016 3:42 am

workpeter wrote:You can build your own database from free betfair price dumps
https://promo.betfair.com/betfairsp/prices/index.php
That's something I hadn't found workpeter, thanks.

It looks like I've got a lot of 'right-click, save as' to do !

Any idea where I can find this in one file ?
User avatar
Dallas
Posts: 23563
Joined: Sun Aug 09, 2015 10:57 pm

This thread from LinusP has a number of links to various other types of data avavlible
viewtopic.php?f=5&t=11883
LinusP
Posts: 1918
Joined: Mon Jul 02, 2012 10:45 pm

Here is a dump of 2016:

https://www.dropbox.com/s/j6ny5q73ec4qm ... A.csv?dl=0

Few extra columns parsed out as well.
User avatar
eminbe
Posts: 191
Joined: Wed Jan 11, 2012 2:47 pm

jimibt wrote:1.15: 82773 won 10004 lost = 12.08%
1.10: 82401 won 6099 lost = 7.4%
1.05: 81785 won 3297 lost = 4.03%

hope these help, factor in commission and they tally to the market efficiency for the respective odds.
Thanks for the info lose rate is too low..

If its not to much trouble can your database/spreadsheet get:
How many runners win/loss, if they was first, second or third favourites at the start of a race?
User avatar
jimibt
Posts: 4197
Joined: Mon Nov 30, 2015 6:42 pm

eminbe wrote:
jimibt wrote:1.15: 82773 won 10004 lost = 12.08%
1.10: 82401 won 6099 lost = 7.4%
1.05: 81785 won 3297 lost = 4.03%

hope these help, factor in commission and they tally to the market efficiency for the respective odds.
Thanks for the info lose rate is too low..

If its not to much trouble can your database/spreadsheet get:
How many runners win/loss, if they was first, second or third favourites at the start of a race?
without quite a dedicated session to mine the data, it's not that straightfwd. given free time, i'll look into it. unfortunately, the %ages do match consistently with the efficiency of the market. any strategy that you employ to take advantage of market inefficiencies will have to be very tight and will more than likely need to juggle in realtime, the friction between opposing runner prices.
Post Reply

Return to “Trading Horse racing”