STATS Race Lens

[Tom]

OK, I have a 30 day trial to sign up for, thanks to our gracious host PA!

Is anyone using this product, and if so, how are you using it?
I see there are 13 video tutorials, so I'm guessing there is lots of things to use.

Any suggestions where to begin, what to use?
I'm thinking I'll sign up Sunday and get a card to play around with while watching the videos.

[Onion Monster]

It's good for doing research on trainers, jocks and sires. All the charts are there too.

I wouldn't waste my time on their created odds line and their race/shape pace projector isn't as good as Timeform's.

The equibase figs aren't bad, but you'll find (especially in the 3yo Stakes) errors.

[GMB@BP]

never used it before but watched a couple videos

i am sure its a fine product but i havent seen the need to switch from formulator with timeform figures.

ubercapper who posts here is involved in the product and very respected handicapper.

[kdavis7837]

Originally Posted by Onion Monster

It's good for doing research on trainers, jocks and sires. All the charts are there too.

I wouldn't waste my time on their created odds line and their race/shape pace projector isn't as good as Timeform's.

The equibase figs aren't bad, but you'll find (especially in the 3yo Stakes) errors.

Could not agree more, if researching obscure stats is your thing it’s worth it but for everyday handicapping I found it confusing mostly because I couldn’t get used to pp’s been spoiled by the simplicity and accuracy of timeform, not saying bad just not my thing

[rcknhrse]

Hard to see on my computer screen ,they need to work on the visual,thats my main complaint ,you have GO to into the program to find some good stats ,the ones they hightlight on the main page arent that predictive ,equibase figs ,have their good days and bad days ,same as DRF,BRIS AND THOROGRAPH,i think they show equibase pace figs ,but they are very high compared to bris ,i like horse that can crack 100 but with equibase you have to make that 110 or better ,they had 1 the other day /186 /pace fig .came in 19-1/but horse had other things going for it!/they highlight best speed fig on the page and the 2nd best on the page .BRIS has always been much easier on the eyes

[rcknhrse]

i just downloaded their free race of day no raw pace figs for stats race lens ,which is a shame for the money how is it bris can fit all that info on the page and the rest of these pp's cant ,get up to speed ,the projected avg pace is useless a high recent pace fig is an indicator of fitness ,i dont know what they base the avg on

[biggestal99]

I also have a free subscription to it via VIP status.

Did Tampa bay and woodbine yesterday.

Lets you fool around with the factors you think are important to each race.

for instance I pay no attention to trainer or jock so I pushed the buttons back on those factors.

did okay playing against the underlaid horses on the X. (trial was 50 bucks against the most underlaid horse). went 8 for 8 losers. (2 seconds, 2 thirds)
made some money off the SRL but it was only one day at 2 tracks.

and those pesky seconds are a concern.

I like my underlays off the board.

Allan

[upthecreek]

Originally Posted by biggestal99

I also have a free subscription to it via VIP status.

Did Tampa bay and woodbine yesterday.

Lets you fool around with the factors you think are important to each race.

for instance I pay no attention to trainer or jock so I pushed the buttons back on those factors.

did okay playing against the underlaid horses on the X. (trial was 50 bucks against the most underlaid horse). went 8 for 8 losers. (2 seconds, 2 thirds)
made some money off the SRL but it was only one day at 2 tracks.

and those pesky seconds are a concern.

I like my underlays off the board.

Allan

Allan , do you know anything about the "reduction factor" on NJX? Yesterday I found out the hard way What I thought was a bet @6.4 ended up 5.78 And the horse won! And tote price ended up better

[biggestal99]

Originally Posted by upthecreek

Allan , do you know anything about the "reduction factor" on NJX? Yesterday I found out the hard way What I thought was a bet @6.4 ended up 5.78 And the horse won! And tote price ended up better

Yeah, It sucks thats what it does.

Each horse has a reduction value. The lower odds the horse the higher the reduction factor.

They suspend the betting, take out the scratched horse, reduce the odds of the matched bets by the reduction factor. Then open the market back up.

with PM bets it is done automatically, with exchange wagering its not.

it is a major nuisance. Major only if a low odds horse is scratched.

For the bookmakers in the UK, its called rule 4 and it sucks there too.

Allan

[upthecreek]

Originally Posted by biggestal99

Yeah, It sucks thats what it does.

Each horse has a reduction value. The lower odds the horse the higher the reduction factor.

They suspend the betting, take out the scratched horse, reduce the odds of the matched bets by the reduction factor. Then open the market back up.

with PM bets it is done automatically, with exchange wagering its not.

it is a major nuisance. Major only if a low odds horse is scratched.

For the bookmakers in the UK, its called rule 4 and it sucks there too.

Allan

Thanks👍 Especially sucks since tote odds on my horse went up from 4-1 to 5-1 and I didn't place another bet, figuring I was locked on @ 6.4
The horse paid$12 tote, $10.41 NJX

[biggestal99]

Originally Posted by upthecreek

Thanks👍 Especially sucks since tote odds on my horse went up from 4-1 to 5-1 and I didn't place another bet, figuring I was locked on @ 6.4
The horse paid$12 tote, $10.41 NJX

Yeah the first time it happened to me it was What the hell......

I emailed and got the sad facts of life about this bad part of NJX.

Allan

[upthecreek]

Originally Posted by biggestal99

Yeah the first time it happened to me it was What the hell......

I emailed and got the sad facts of life about this bad part of NJX.

Allan

I got a hold of Justin Horowitz on Twitter, he's looking into and is going to try and explain it to me

[davew]

Originally Posted by upthecreek

Allan , do you know anything about the "reduction factor" on NJX? Yesterday I found out the hard way What I thought was a bet @6.4 ended up 5.78 And the horse won! And tote price ended up better

It used to be the more you win, the higher the exchange 'take' on winning bets.

[upthecreek]

Originally Posted by davew

It used to be the more you win, the higher the exchange 'take' on winning bets.

Nothing to do with the take Its always a flat 12% It had to do with a late scratch at the gate

[upthecreek]

Originally Posted by davew

It used to be the more you win, the higher the exchange 'take' on winning bets.

This is what happened I still dont quite grasp it


How is the reduction factor applied?
When a bet is struck, the price that it was matched at will be recorded on the system. If there is a subsequent withdrawal (non-runner), we will reduce the matched price by the reduction factor of the withdrawn horse.

If you want to calculate the new price once a reduction factor has been applied, this is how:

(Decimal odds / 100) x reduction factor of non-runner = amount to reduce original price by

Subtract this amount from the original price to calculate the new price.