Guide to UK horse racing speed ratings

Paul WhelanUsing Speed Ratings In Horse Racing

Hello, and it’s great to see you here. My name is Paul Whelan and I’ve been relying on speed ratings as a cornerstone of my betting strategies for more than ten years.

If you’re interested in learning how to compile your own ratings and how to use them effectively in your own betting, then you can download my eBook Patterns In The Sand instantly at the bottom of this page.

The book will show you how to calculate and interpret your own speed ratings, and I’ll also tell you the story of how I happened quite by chance upon this reliable method of picking winners (hint: it pays to visit your local charity shop often).

Speed ratings allow a horse race handicapper to assign a numerical figure to each horse in a given race, which represents the horse’s ability and fitness, based upon the times it has run previously. By using standard times for each track as a baseline, and a relatively simple process of calculation, all performances can be compared, at every distance and across all classes of competition.

How to Narrow Down the Field

Using speed ratings you’ll be able to quickly narrow down a field to the few key runners, and then establish a clear and factual picture of how each horse compares to it’s rivals. This is something that bare form data on it’s own cannot do.

Speed figures have been used in the United States since the 1950s. In America those who try to pick winners of horse races are known as ‘horseplayers’ and an early exponent of the game was Len Ragozin. He was one of the first to realize that not only should punters judge horses by comparing them with each other, but also by comparing each horse with itself. In other words, by using speed ratings he was able to quantify a horse’s past performances to reliably predict how he would run the race today.

Ragozin would plot graphs of each horse’s career runs, and these became known to those throughout the industry as “the Sheets”. The chart for each horse would often reveal valuable patterns in their past performances. Pretty soon Ragozin began publishing these “Sheets” and they were seen as essential by anyone who took their punting seriously.

Picking Winners

During the 1970s a journalist for The Washington Post called Andrew Beyer started producing his own speed figures. He enjoyed a mightily successful betting career using his ratings, and when he introduced his figures to the wider public in his book Picking Winners he truly revolutionised betting on horse racing.

Inevitably there was a downside, and as the general betting public became more aware of the power of speed ratings, it became harder and harder to maintain the same level of advantage over the market. In 1983 Beyer released a further book called The Winning Horse Player and by the 1990s everyone was using speed figures to some degree. His ratings were available from several commercial sources, and eventually in 1992 the leading industry publication The Daily Racing Form began to include Beyer’s speed figures as an integral part of their form data.

Because speed ratings had become so widely available, it meant the “golden goose” had flown forever!

Fortunately this is not the case with British horse racing. Punters here remain strangely sceptical of speed figures, and with typical British conservatism they would still rather base their betting decisions entirely upon following top trainers and top jockeys. Some will blindly follow favourite horses that have won for them in the past, whilst others will draw form lines through a third horse that has run recently against two of the horses running today. Then of course there are those long distance travellers, and the jockeys driving to a course for one ride…. “McCoy would not travel all the way to Sedgefield for a single ride if he did not think the horse had an outstanding chance” and so on.

Which Would You Choose – Facts or Hypothesis?

Now please don’t get me wrong, many of these systems are based upon very sound logic, and some of the fundamentals of handicapping and form reading. And I certainly do not disregard these methods out of hand…. indeed I use many of them once I have narrowed down the field using speed ratings. However, it does not make sense to me, to start the whole process of race assessment, using systems which are based upon hypothesis and opinion, as opposed to facts.

Don’t ask me why, but it seems that punters in this country will happily use any system at all to select their horses, except for the one that really matters. The system that tells you precisely how fit a horse is compared to it’s rivals, and whether it is an improving horse. The system that tells you if a horse is coming into peak form, out of form altogether, or treading water and ready for a break from racing.

The system that tells you the horse’s favoured distance, and which courses it likes, and importantly the courses it doesn’t like. I’m talking about the stone-cold facts that only a horse’s speed figures will tell you. Crucially, it’s the system that will give you a reliable indication of how fast the horse will run today. Few will deny that all things being equal, it is the fastest horse that wins the races.

Speed Figure ‘Hunters’ Are Still Finding The Value Picks

At the moment, punters in Britain do not have open access to accurate and simple to follow speed ratings. Most betting shop regulars have neither the time nor the inclination to compile their own ratings and until they are served up to the betting public on a plate as The Daily Racing Form did in the States, then there will continue to be plenty of value for speed figure hunters to get stuck into.

Start Producing Your Own Speed Ratings Today!

In my eBook Patterns In The Sand you can learn how to produce your own personal race ratings, and I’ll offer my advice on how best to implement them into your betting strategy. And if you don’t have the time (nor perhaps the inclination) to maintain a database of speed figures for all horses, then I’ll also introduce you to one of the best speed ratings services on the interweb.

Patterns In The Sand

Cost: to keep the book affordable I’m pricing it at £11.95

I want to stress at this point that this is not a mechanical rules-based system to pick horses. This guide is about teaching you to fish, and not about giving you fish fingers on a plate – because that’s for kiddies, right?

This is what is covered by the book…

Table of Contents:

 

ACKNOWLEDGEMENTS

INTRODUCTION

CHAPTER ONE………………….. What are speed ratings?

CHAPTER TWO………………….. How to produce the speed ratings

CHAPTER THREE………………. Profits through specialisation

CHAPTER FOUR……………….. How to calculate Standard Times

CHAPTER FIVE…………………. Compiling the speed ratings for a  race

CHAPTER SIX……………………. Patterns In The Sand

CHAPTER SEVEN………………. The effect of weight on a horse race

CHAPTER EIGHT………………. An introduction to the all weather tracks

CHAPTER NINE…………………. Winning betting strategies

CHAPTER TEN…………………… A Day At The Races

CHAPTER ELEVEN……………. A day on Betfair

CHAPTER TWELVE……………. And finally, putting it all together

APPENDIX

Here’s my Money Back Guarantee: I wouldn’t dream of selling anything that didn’t live up to my customers’ expectations, and I want you to be completely happy with your purchase. I’ve listed the contents of my book Patterns In The Sand below, but if you buy it and decide afterwards it’s not what you expected, then drop me a line using the Contact Us form and I promise you a prompt and courteous refund.

Compiling your own speed figures and betting blindly on the top rated horse in each race will give you plenty of winners, including more than your fair share of winners at double figure prices. But the shrewd punter will use speed ratings to narrow down the field, and as a basis for evaluating the key contenders to highlight good value bets. The difference being that a punter using speed figures can answer the most natural and logical of questions when trying to predict who will win the race, and that is…. “Which is the fastest horse?”

My aim when compiling this book is first to show you how to produce your own speed ratings, but then more importantly to show you how to use these figures effectively in your betting strategy…. I want to show you how to read those “patterns in the sand”.

Thank you for taking the time to read right the way through this page, and if I can answer any questions please get in touch using the contact form

Best wishes.

Paul Whelan