To conclude the analysis for racing winning odds statistics, let’s compare all three meeting types together and draw some conclusions.
What did we learn from this analysis?
From our results, it is clear that when leading and on a favourite at a metro race on average you will win 43.7% per cent of the time. As we move down to provincial type races the win strike rate for the same scenario increase to 46.3% per cent, and further to 47.3% per cent for country type meetings. In the horse racing winning odds statistics summary table above, we can also confirm that the same pattern exists in favourites when positioned 2nd, and 3rd at the 800-meter point.
How can I use these results?
If you are a form analyst and rating a field of runners, you may want to consider weighting the position in running variable across each meeting differently. At a country race, you may add more weight to leaders than you would for provincials and metros. If you are an in-play user on Betfair, this information may be of use if your strategy is around backing or laying runners.
There are many more angels across racing winning odds statistics which can be explored, including field sizes, distance, and condition. Stay tuned for future analysis articles where we hope to explore all different possible angels.
We hope you have enjoyed this article on racing winning odds statistics. Please feel free to make contact if you have any questions or feedback