Showing posts with label Lay Betting. Show all posts
Showing posts with label Lay Betting. Show all posts

Thursday, November 10, 2022

Latest Favourite Course Win Bias 2022

Favourite Win Bias By Course and Race Type

By The UK Horse Racing Tipster

This is an updated page with stats I have compiled from my own large database of racing history and I have posted them here to help you out with your betting. 

I use them in my AUTOBOTS form reading which analyses lots of different scenarios and data to help come up with suggested tips and bets. These stats come from one of many reports I run nightly to help find edges on the bookies prices, and it is clear that certain courses have a better favourite bias than others.

By that, I mean that a favourite runner has a higher probability of winning or placing at certain courses than others.

This can be down to many reasons, such as a tricky course to ride, compared to an oval flat course with no hills or dip or the quality of racing that goes on at the course, e.g class 6 handicaps compared to GRADE 1 or GROUP 1 events.

Whatever the reason it is useful to know if you are trying to build your own systems or use mine, especially when picking favourites to LAY or BACK in the win markets on the Betfair betting EXCHANGE or just BACKING on a Sportsbook. The more stats you have, the better chance you have of beating the bookies as they will know this data as well and price horses accordingly.

You may have seen the old page which had the same info but from 2018. So this is an updated list that uses data from 2022's race season and there is quite a difference in courses with the best and worst win strike rates. You can visit the old page here: 2018 Favourite Win Bias By Course.

This new page is now broken down into National Hunt racing and Flat racing, for winning as well as placing as they each have their own statistics and you will find some courses where a favourite has a good chance of winning like Catterick which is 2nd with a strike rate of 52.46% for favourites on the jumps, but only mid table for placing with 65.57%. 

Or if you look at Flat v Jumps, Naas is top for jumping with a 55.56% WIN Strike rate and 3rd for placing with 75.56% over sticks, but on the Flat it is mid-table with 36.26% to win, and 69.23% to place.

From these stats I know I will definitely be looking out for value favourites to either WIN at Killarney with a 52.08% win strike rate, and to place with an 81.25% place strike rate, just by concentrating on the courses with a higher than average win/place rate when they are value prices you should make money in the long run.

National Hunt Courses / Racing - Win Strike Rate %

CourseWin %Country
Naas55.56%IRE
Catterick Bridge52.46%UK
Ludlow52.08%UK
Killarney52.08%IRE
Sandown Park49.09%UK
Navan48.21%IRE
Ayr47.67%UK
Haydock Park47.27%UK
Kelso47.19%UK
Newton Abbot47.01%UK
Hereford46.84%UK
Taunton46.75%UK
Kempton Park45.07%UK
Fontwell Park44.90%UK
Sedgefield44.70%UK
Plumpton43.40%UK
Perth43.00%UK
Chepstow42.98%UK
Carlisle42.47%UK
Wincanton42.42%UK
Leopardstown42.00%IRE
Ascot42.00%UK
Musselburgh41.94%UK
Wetherby41.90%UK
Gowran Park41.46%IRE
Fairyhouse41.35%IRE
Cartmel40.63%UK
Fakenham40.32%UK
Hexham40.00%UK
Newbury39.47%UK
Market Rasen39.17%UK
Punchestown39.06%IRE
Newcastle38.82%UK
Warwick37.38%UK
Aintree37.25%UK
Huntingdon36.94%UK
Thurles36.51%IRE
Down Royal36.17%IRE
Stratford Upon Avon35.85%UK
Tramore35.71%IRE
Limerick35.11%IRE
Southwell35.00%UK
Uttoxeter35.00%UK
Cheltenham34.95%UK
Exeter34.38%UK
Clonmel33.80%IRE
Ballinrobe33.33%IRE
Lingfield Park33.33%UK
Bangor-On-Dee32.91%UK
Leicester32.79%UK
Ffos Las32.29%UK
Worcester31.94%UK
Wexford30.43%IRE
Kilbeggan28.33%IRE
Downpatrick27.78%IRE
Cork26.09%IRE
Doncaster24.44%UK
Galway23.40%IRE

National Hunt Courses / Racing - Place Strike Rate %

CoursePlace %Country
Killarney81.25%IRE
Gowran Park78.05%IRE
Naas75.56%IRE
Ballinrobe75.56%IRE
Down Royal74.47%IRE
Musselburgh74.19%UK
Kelso74.16%UK
Ayr73.26%UK
Clonmel73.24%IRE
Navan73.21%IRE
Chepstow72.81%UK
Leopardstown72.00%IRE
Cartmel71.88%UK
Ludlow71.88%UK
Thurles71.43%IRE
Tramore71.43%IRE
Hereford70.89%UK
Lingfield Park70.59%UK
Kempton Park70.42%UK
Sedgefield69.70%UK
Wincanton69.70%UK
Haydock Park69.09%UK
Perth69.00%UK
Plumpton68.87%UK
Stratford Upon Avon68.87%UK
Taunton68.83%UK
Galway68.09%IRE
Fontwell Park68.03%UK
Punchestown67.97%IRE
Ffos Las67.71%UK
Wetherby67.62%UK
Newcastle67.06%UK
Hexham67.00%UK
Newton Abbot66.67%UK
Market Rasen66.67%UK
Fairyhouse66.35%IRE
Catterick Bridge65.57%UK
Sandown Park65.45%UK
Bangor-On-Dee64.56%UK
Newbury64.47%UK
Southwell64.00%UK
Warwick63.55%UK
Aintree62.75%UK
Doncaster62.22%UK
Exeter61.46%UK
Fakenham61.29%UK
Uttoxeter61.25%UK
Cork60.87%IRE
Leicester60.66%UK
Limerick60.64%IRE
Ascot60.00%UK
Huntingdon59.46%UK
Kilbeggan58.33%IRE
Carlisle57.53%UK
Cheltenham57.28%UK
Worcester56.94%UK
Wexford56.52%IRE
Downpatrick46.30%IRE

Flat Courses / Racing - Win Strike Rate %

CourseWin %Country
Down Royal45.95%IRE
Beverley45.16%UK
Chester41.25%UK
Roscommon40.00%IRE
Newmarket39.26%UK
Catterick Bridge39.25%UK
Goodwood39.23%UK
Epsom Downs38.89%UK
Hamilton Park38.71%UK
Kempton Park38.71%UK
Bath38.37%UK
Ascot38.33%UK
Tipperary38.30%IRE
Lingfield Park37.39%UK
Curragh37.36%IRE
Wolverhampton36.93%UK
Salisbury36.89%UK
Chepstow36.45%UK
Naas36.26%IRE
Ayr36.03%UK
Cork35.82%IRE
Ripon35.65%UK
Yarmouth35.63%UK
Gowran Park35.23%IRE
Windsor35.20%UK
Southwell34.90%UK
Chelmsford City34.88%UK
Leopardstown34.26%IRE
York34.13%UK
Newcastle33.65%UK
Listowel33.33%IRE
Leicester32.28%UK
Sandown Park32.26%UK
Redcar31.85%UK
Brighton31.85%UK
Doncaster31.61%UK
Nottingham31.17%UK
Newbury30.66%UK
Navan30.43%IRE
Thirsk30.28%UK
Musselburgh30.10%UK
Dundalk29.91%IRE
Pontefract29.82%UK
Haydock Park29.61%UK
Sligo29.41%IRE
Ffos Las28.57%UK
Carlisle27.37%UK
Bellewstown26.67%IRE
Galway26.67%IRE
Killarney25.00%IRE
Fairyhouse21.62%IRE

Flat Courses / Racing - Place Strike Rate %

CoursePlace %Country
Down Royal78.38%IRE
Cork77.61%IRE
Roscommon74.29%IRE
Beverley71.77%UK
Windsor69.83%UK
Kempton Park69.59%UK
Gowran Park69.32%IRE
Naas69.23%IRE
Chester68.75%UK
Redcar68.15%UK
Navan68.12%IRE
Sligo67.65%IRE
Carlisle67.37%UK
Galway66.67%IRE
Bath66.28%UK
Yarmouth66.25%UK
Goodwood66.15%UK
Brighton65.19%UK
Leopardstown64.81%IRE
Hamilton Park64.52%UK
Catterick Bridge64.49%UK
Chepstow64.49%UK
Bellewstown64.44%IRE
Curragh64.37%IRE
Nottingham64.29%UK
Chelmsford City63.95%UK
Tipperary63.83%IRE
Newmarket63.70%UK
Salisbury63.11%UK
Wolverhampton62.91%UK
Ffos Las62.86%UK
Lingfield Park62.82%UK
Ripon62.61%UK
Ayr62.50%UK
Pontefract62.28%UK
Dundalk62.24%IRE
Leicester62.20%UK
Newcastle62.02%UK
Doncaster61.49%UK
Thirsk61.47%UK
Killarney61.36%IRE
Haydock Park61.18%UK
Epsom Downs61.11%UK
Sandown Park60.22%UK
Musselburgh60.19%UK
Ascot60.00%UK
Southwell59.82%UK
Fairyhouse59.46%IRE
Newbury58.39%UK
York57.14%UK
Listowel52.78%IRE

As you can see there can be quite a difference between a favourites success at different courses and between Flat and Jump racing, Bumpers have been ignored by this data.

For instance, Sandown has a 49.09% strike rate to win over the jumps compared to just 32.26% for the flat. Also, you can see on the flat that Down Royal has a 45.95% win rate for favourites, and to place a 78.38% strike rate, being at the top of both WIN and PLACE tables for the flat, however, over jumps it is mid-table with 36.17% to WIN but near the top of the PLACE table with 74.47%.

Remember the standard average for favourites to WIN is 33% and for odds-on favourites it is 50%. This table ignores price but we could dig down further and do odds-on and odds-against comparisons if we needed to.

These stats can help you build systems so that you only back favourites at a certain course that have a better chance of winning, or LAY favourites on the Betfair EXCHANGE from courses that have a low win rate and less chance of winning.

Using these stats along with the info in the latest post on form reading can really help you out with your betting ensuring you bet on horses with value, and who have a good statistical chance of winning or losing depending on your system.

Stats are key and I will probably put up some Jockey by Course stats so you can see which jockeys have the best strike rates over each course for both NH and FLAT and maybe the best jockeys for riding horses of different ages as all these stats together should help you build your own betting systems. Knowing when to place BACK bets on certain jockeys on favourites at certain courses or whether to LAY them for instance.

By The UK Horse Racing Tipster

Wednesday, December 12, 2018

A LAY Staking Plan

Using the Diminishing Liability Lay Staking Plan

By The UK Horse Racing Tipster

As we know staking plans are important and when we are laying horses we don’t want to lose our whole bank in one day. Therefore a good plan is advisable – this is where the Diminishing Liability Lay Staking Plan comes in.

Lets say you are starting off with a bank of at least 200 points.

As Betfair’s minimum price for a bet is £2.00 this would mean £400 (£2.00 * 200 = £400) or if you were doing £10 a point it would be £10 * 200 = £2,000.

Lets stick with £10 a point as apart from the fact that you shouldn’t leave a LAY bet to take the SP in case it drifts to a huge price. If you put a LAY bet on the exchange which isn’t matched and then leave it to take the SP then Betfair won’t pay out on SP LAY bets that have a liability less than £10.

For lay bets under 4.00 – 3/1 you would risk a full point e.g £10.00.

Remember the reason the odds are so low is there is more chance of the horse winning (3/1 = 1 out of 3 races) but we are using the Brainiacs huge computer brain to work out advantageous angles where these odds are negated even futher such as jockeys who perform worse on certain tracks, over certain distances, ground not suiting the horse and so on.

So if the horse wins the race you lose 1 point or to calculate the liability you would multiply the stake by the price minus one e.g £10 * (4.00 - 1) = £30.00.

If the horse loses the race then you win your bet of £10.00.
However with the Diminishing Liability Lay Staking Plan the idea is that as the liability grows the amount of stake put on the horse shrinks so that when the big priced winner does come in you don't lose a fortune. From my own stats it seems that around 2 horses a day with a back price of 25/1 or more win a race in UK, Irish and French racing.
So if you are high rolling be warned!
One big winner you laid at a high price without the right staking plan could wipe the majority of your bank out.
The choice of the diminishing stake is yours but an example would be for 1 point = £10 a diminishing liability staking plan on the following priced horses would look like this.
PointsBet AmountOddsWinLose
1£104.00£10£30
0.9£96.00£9£45
0.8£88.00£8£56
0.7£710.00£7£63
0.5£515.00£5£70
0.4£420.00£4£76
0.3£325.00£3£72
0.2£230.00£2£58

As you can see the maximum liability is reached at £4 on a 20.00 - 19/1 bet with a liability of £72 before coming down again as the stakes drop to the minimum £2 bet.
Depending on your starting bank you may want to play around with the figures yourself to get a comfortable risk factor as there is nothing worse than worrying that you are going to lose too much.
If you have a starting bank of £400 then losing £70 in one day is a lot but a bank of £2,000 it isn't especially once you factor in all the winning bets you will get e.g if you laid all the horses in a single race under the odds of 20/1 or 10/1. Even if you lose on one horse winning the other losers might be enough to give you a profit.
Also remember that I would always suggest using a BOT of some kind if you cannot do it manually so that if you match a lay bet at any point you put on a winning bet a few ticks higher and leave it inplay.
This is so that even if your lay bet costs you £70 the win bet makes up for it e.g £10 at 16.00 (one point above the 15.00 that lost you £70) gives you £160 plus your £10 stake back. Enough to pay the £70 and still be £90 in profit.
There are many staking plans out there and on my tip results page I am using a basic even £2 per bet (lay, win, place or accumulator) to work out the potential profit or loss.
I am also taking the final LAY SP that my own BOT records before the race and not trying to calculate the best possible price or the availability of trading etc.
Therefore when you see this sentence
"If you had placed a Betfair minimum bet of £2.00 on each bet on EVERY system (Lays, Place Doubles, Wins etc) then you would have lost -£32."
It is only accurate in the sense that:
a) it placed a £2 bet on every single runner whether you were following that system or not e.g a LAY bet when you are just doing PLACE DOUBLES.
b) it took the final LAY SP.
c) it didn't have an upper price limit e.g ignoring bets above 20/1 or 40/1 etc and if the horse was recorded at 150/1 and won the race then it would cause a massive loss when in reality you wouldn't be placing bets on horses with that price.
Therefore be selective in your systems and make sure you find a staking plan that doesn't run your bank out quickly like the diminishing lay staking plan.
I would recommend at least a starting bank of 200 points whether that equals £400 or £4,000, the worth of a point is up to you but be prepared for losing runs and when you make a profit ensure you keep a percentage of it and spend it otherwise there is no point in gambling for investment at all.