Quote:
Originally Posted by speculus
Yes, strike rate means Win Percentage.
More than 95 percent of my bets are on the nose of the horse: only WIN.
The balance 5 percent may be SHOW bets (what you call SHOW here, we call PLACE there, a horse finishing in 1-2-3 in a field of 8 or more horses). These are mostly horses that offer at least 5-to-2 ($7.00 on a $2 bet).
There were a number of pricey horses among the winners, so the average odds on winners were slightly better in that sample. We use the same formula as everyone does to work that out:
%Profit = (WP * AoW) - (1 - WP)
WP = win percentage
AoW = average odds on winners
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That's awesome. I think the pp info there is similar to Europe, no fractions or pace figures. That would be an advantage for a sharp handicapper or team of handicappers who take the time to compile good data - perhaps hand time segments of the races, create variants, and do detailed trip analysis.
Congratulations on your success.