does the grade and type of the race matter?

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neld0r
Posts: 22
Joined: Wed Mar 16, 2016 10:45 pm

This is with regards to pre-race trading.

Looking at http://www.attheraces.com/racecards I'm guessing the circled number on the left is the grade of the race... does this matter? So what if it's a grade 1 race? Does this mean there will be a lot of noise in the market? I'm guessing that if it's a grade 7, it will typically be a market for scalping?

Also, what can I typically expect from a Handicap or Maiden or Novice race? Bigger swings? Smaller swings? Etc.?

I'm looking for some basic patterns to help speed up my learning. :)

Thanks in advance!
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Dallas
Posts: 23567
Joined: Sun Aug 09, 2015 10:57 pm

The number circled is just the race number, 1st, 2nd, 3rd race at that meeting etc. But yes the grade of race is very important and depending on this you should trade it accordingly.

Low quality Novices and Maidens etc will be very volitile and not suitable for scalping, these are the type you should be looking to swing trade where as higher grade races are more stable and tend to favour scalping techniques
Halliday
Posts: 460
Joined: Sun Jun 12, 2016 3:40 pm

neld0r wrote:
Sun Mar 05, 2017 1:47 pm
This is with regards to pre-race trading.

Looking at http://www.attheraces.com/racecards I'm guessing the circled number on the left is the grade of the race... does this matter? So what if it's a grade 1 race? Does this mean there will be a lot of noise in the market? I'm guessing that if it's a grade 7, it will typically be a market for scalping?

Also, what can I typically expect from a Handicap or Maiden or Novice race? Bigger swings? Smaller swings? Etc.?

I'm looking for some basic patterns to help speed up my learning. :)

Thanks in advance!
The following link gives a compete list of the classifation of races run in the uk


http://rules.britishhorseracing.com/PDF&staticID=126765

Racecourses are also graded ( grade1 being the highest, courses such as Ascot and York ) Liquidity and volumes are much higher are the top tracks compared to the lower graded ones.

The link below gives the complete list with explanations



https://www.flatstats.co.uk/racecourses.html


Hope this helps
Halliday
Posts: 460
Joined: Sun Jun 12, 2016 3:40 pm

neld0r wrote:
Sun Mar 05, 2017 1:47 pm
This is with regards to pre-race trading.

Looking at http://www.attheraces.com/racecards I'm guessing the circled number on the left is the grade of the race... does this matter? So what if it's a grade 1 race? Does this mean there will be a lot of noise in the market? I'm guessing that if it's a grade 7, it will typically be a market for scalping?

Also, what can I typically expect from a Handicap or Maiden or Novice race? Bigger swings? Smaller swings? Etc.?

I'm looking for some basic patterns to help speed up my learning. :)

Thanks in advance!
Going slightly off topic, Class is of the utmost importance when ascertaining a horses chance relative to its position in the market etc

For example( extreme and subject to certain criteria
but makes the point ) a horse (A)that had won its last six races( form111111) in class 6 would in all probability have little chance of beating a horse (B)with form figures of say ( 000033) that had been running in class 2 races, if they met in a Class4 , and certainly no chance if they met in a conditions race of level weights .


Horses dropping in class are always worth a second glance even if there form figures suggest otherwise, especially given the new rule changes brought in in November


http://www.britishhorseracing.com/press ... ng-horses/



http://www.britishhorseracing.com/bha/w ... dicapping/


The BHA site is an excellent site and full of useful info.. including daily stewards reports from all meetings

Hope you find something useful in the above links
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