Quote:
Originally Posted by teddy
yes I read this study too.. I added 30 horses last night and will add more from nyc tracks. I think they are too sharp in NYC for this to do much. I also did GP. Not as sharp down there. Well test it out. I used Some dirt too and horses that were the widest and still won. Fun to track....
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Here's part 2, with results from GP and Sar/Bel:
For the Gulfstream analysis, the runback race had to occur within the time frame of that meet (Nov.30, 2013, through April 6, 2014), but the start could occur at any track, distance, or surface. For Saratoga, the runback
race could occur either during that meet or during the subsequent Belmont
fall meet (covering a cumulative time period of July 18 through Oct. 26). As with the Gulfstream analysis, the first race back could occur at any track, distance, or surface.
There were 117 total qualifying runbacks between Gulfstream and Saratoga.
Gulfstream Park results
The results of the study for the Gulfstream turf course can be summarized in one word: impressive.
Of the 66 horses who qualified, 21 horses (32 percent)came back to win at an average parimutuel win payoff of $10.08. The $2 return on investment was a very healthy $3.21.
Twentyone other horses hit the board at average odds of 3.701, and six nonwinning runbacks won their next start at odds of just over 6.101.
The average odds for the 24 horses finishing off the board was 13.601.
This relatively high value suggests that several of these horses may have been eliminated from consideration if traditional handicapping principles were applied, which would further increase the ROI.
Saratoga results-
The results of the Saratoga runbacks, are not as impressive as at Gulfstream but certainly are decent and confirm the benefits of including Trakus groundloss data when handicapping. Of the 51 horses who qualified based on the criteria, 13 horses (25 percent) came back to win at an average win mutuel of $9.83 and a $2 ROI of $2.51. Twenty other horses hit the board at average odds of 4.801, and 10 nonwinning runbacks won their next start at odds of just over 6-1.
The average odds for the 18 horses finishing off the board was 9.301.
Summary
Summarizing the results of qualifying horses for the two meets, and the runbacks collectively won 29 percent of their next starts, with an average win payoff of $9.98. Approximately twothirds of the runbacks hit the board, a percentage that interestingly is consistent across both venues. The cumulative $2 ROI for the 117 races is a respectable $2.90. Achieving a flatbet profit given such diverse circumstances without the benefit of conventional handicapping is certainly noteworthy. In addition, 16 nonwinning runbacks won their next start at average odds of 5.501.
This means 50 horses, or 43 percent of all qualifying horses, won one of
their next two starts.
To the question of whether Trakus data can be used to find winners, the answer is a qualified yes.Complementing that data with traditional handicapping methods should improve on the results achieved.
Shufon is a retired analyst and bureau director from the New York State Department of Transportation. He is an avid recreational horseplayer and an original member of Epona Racing Stable.