How to calculate horse racing speed ratings

One of the six smart betting systems that really work that you'll find discussed at SkyBlueKangaroo is the use of speed ratings. I've been using speed figures to positive effect ever since I came across a book on speed ratings by Andrew Beyer in the late 90s.
 
Picking Winners: A Horseplayer's Guide
 
I've just posted an article at the blog which shows you the basic process for calculating your own speed ratings
 
As with many new processes, and if you are anything like me, calculating your first set of horse speed ratings will take you quite some time. I was forever re-reading Andrew Beyer’s instructions, and referring back and forth with my own calculations. But I soon got the hang of it, and as you might expect, with some practice you will also see for yourself the task becomes a lot easier and very much quicker.

 
….then you will have a tool at your disposal that enables you to determine the fastest horse in the race.
 
Here's the full link to the article again:
 
 
 

Comments

  1. Hello Paulwhelan,
    In addition to your post I was wondering, If you think the Epsom Derby or the Kentucky Derby have huge purses when they boast of over a million dollars in prize funds, think again. They’re not the richest horse race in the world. In fact, they can be ranked as “poor races” when compared against the world’s richest horse racing event. And this takes place, where else, in the land of the sheiks and oil magnates.
    Keep up the good work
    Happy Horse Betting!

  2. Pieter Koorts says:

    Goodday Mr Whelan I am quite impressed with your professional spreadsheet and has viewed a couple of times and I would like to know I you can assist me to come up with the class average ( allowance ) for each class for South African racing. As you know our distances is run in metres.
    Would you kindly explained the purpose of the class allowance (average ) to me and how did you figure out the average difference in a mile.
    I would appreciate I you can assist me because I am interested in your way of doing the things
    Friendly Greetings
    Piet

    • Hello Piet, thanks for your comment, and welcome to the blog. I’ve tried a couple of times to send you an email reply, but my messages keep getting bounced. Can you let me know the best email to contact you with? Cheers, Paul

  3. Richard says:

    Would you have have the average times for south Africa horseracing over various racecourses and distance ths Richard

    • Hi Richard, I’m afraid I’ve only ever maintained records for UK racing. You could maybe search for a South African horse racing web site, and ask the same question to the site administrator/owner.

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