Horse Race Meetings Tool Instructions
Who is it for?
This is for advantage players who seek out race meeting edges at bookmakers and at the spreads sites.
What does it do?
The software tracks prices on the Betfair exchange and summarises it for the user. There is a plethora of live data available from favourite performance to jockeys to win x races. Each data set is described below.
What does it not do?
The tool does not find value bets at the bookmakers. It is to be used by those who would like to explore value for themselves.
All Courses Summary
| Notation | Description |
|---|---|
| Meeting | UK and Ireland Meetings in the next 48 hours |
| Races | Number of races left to run / Number of races at that meeting in the day |
| Favs – means | The expected favourite performance Spreads, BFSB, Paddy, Betfred, and WH |
| 1st = 25 pts, 2nd = 10 pts, 3rd = 5 pts | |
| 50Up – means | The expected total that the favourite market makes up over 50 (e.g. if Favourites settle at 90, this market settles at 40) (specific to Spreadex) |
| 1st = 25 pts, 2nd = 10 pts, 3rd = 5 pts | |
| Ton Up – means | The expected total that the favourite market makes up over 100 (e.g. if Favourites settle at 125, this market settles at 25) |
| 1st = 25 pts, 2nd = 10 pts, 3rd = 5 pts | |
| #1s – means | The expected performance of the horses that are number 1 on the racecard, aggregated over all races at the meeting. |
| 1st = 25 pts, 2nd = 10 pts, 3rd = 5 pts | |
| BW – means | The expected performance of the horses that are at the bottom of the racecard (last named) aggregated over all the races in the meeting. |
| 1st = 25 pts, 2nd = 10 pts, 3rd = 5 pts | |
| Winning Fav – means | The expected number of winning favourites at this meeting (Lower racecard number is assigned the favourite when joint or co favs)/ |
| Dead heat = 0.5pts, Race void or fav withdrawn = 0.3pts | |
| Double Numbers – means | The expected number of the racecard number of the winning horse on each race doubled |
| Favs – Over | Probability distribution for user-defined favourite performance |
| Winning Favs – Over | xwinnersinyevents calculation for user defined number of winning favourties |
| View | View the data for the individual races at this meeting |
| Aggregate | Combine the data from more than one meeting together into a user-defined aggregate |
Jockey Summary
Notation | Description |
|---|---|
| Favourite Performance | The odds of Under, Between and Over the user-defined variables for the total performance of the horses sent off as favourite for all races in the named meeting |
| 1st = 25 pts, 2nd = 10 pts, 3rd = 5 pts | |
| 50 Up | The fair price for the total that the favourite market makes up over 50 (e.g. if Favourites settle at 90, this market settles at 40) |
| 1st = 25 pts, 2nd = 10 pts, 3rd = 5 pts | |
| Ton Up | The fair price for the total that the favourite market makes up over 50 (e.g. if Favourites settle at 125, this market settles at 25) |
| 1st = 25 pts, 2nd = 10 pts, 3rd = 5 pts | |
| Racecard #1s | The fair price for the total performance of the horses that are number 1 on the racecard, aggregated over all races at the meeting. |
| 1st = 25 pts, 2nd = 10 pts, 3rd = 5 pts | |
| Bottom Weights | The fair price for the total performance of the horses that are at the bottom of the racecard (last named) aggregated over all the races in the meeting. |
| 1st = 25 pts, 2nd = 10 pts, 3rd = 5 pts | |
| Favourite Wins | The odds of Under, Between and Over the user-defined variables for the total number of winning favourites at this meeting (Lower racecard number is assigned the favourite when joint or co favs) |
| Dead heat = 0.5pts, Race void or fav withdrawn = 0.3pts | |
| Favourite Rush | The fair price for the total number of winning favourites at the meeting with points awarded as follows: |
| 0 Winners = 0 points | |
| 1 win = 10 points | |
| 2 wins = 20 points | |
| 3 wins = 33 points | |
| 4 wins = 50 points | |
| 5 wins = 70 points | |
| 6+ wins = 100 points | |
| With joint favs, the lower racevcard number is deemed favourite. A dead heat counts as a win. | |
| Stop At A Winner | The odds of Under, Between and Over the user-defined variables for the calculations of 10 x the race number for the first Favroutie to win. If no favourite wins it is returned as the number of favourites + 1. |
| Double Numbers | The odds of Under, Between and Over the user-defined variables for the racecard number of the winning horse om each race doubled |
| Squared Numbers | The fair price for the racecard number of the winning horse multiplioed by itself for all races at this meeting. E.g. if racecard number 7 wins, thir race will add 49 to the squared numbers total. |
| Jockeys | A list of jockeys racing at this meeting, with a mean of the Jockey performance and the odds of them having over/under x winners. |
| 1st = 25 pts, 2nd = 10 pts, 3rd = 5 pts | |
| SMJI | Super Mega Jockey Index is the same as jockey performance however if they jockey gets 2 wins they get 50 points for the 2nd winner (rather than 25), and 75 points for a 3rd winner (instead of 25) |
1st = 25 pts, 2nd = 10 pts, 3rd = 5 pts |
| Notation | Description |
|---|---|
| First number? | Jockey Performance mean (25/10/5) |
| SMJI | Super Mega Jockey Index |
Race Favourites Summary
| Notation | Description |
|---|---|
| Runners | Number of runners in the race |
| Favourite | Name of the current favourite |
| Last | Last Price Matched |
| Green/Yellow/Red/Grey %s | Odds of fav coming 1st (green), 2nd (yellow), 3rd (red), 4th+ (grey) |
| Notation | Description |
|---|---|
| Favourite Performance | The total performance of the horses sent off as favourite for all races in the named meeting |
| Faourite Wins | The expected number of favourites to win |
| Racecard #1s Performance | The expected performance of the horses that are number 1 on the racecard, aggregated over all races at the meeting. |
| Optimistic | Based on the back prices on the exchange |
| Line | Based on logic around a fair price from the exchange (BB best estimate) |
| Pessimistic | Based on the lay prices on the exchange |
Race Summary
| Notation | Description |
|---|---|
| Double Numbers | Expected mean of doubling the winning horses number |
| Squared Numbers | Expected mean of squaring the winning horses number |
| Number | Horse number in race |
| Horse / Jockey / Trainer | Horse name, jockey name, trainer name |
| Performance | Expected number of points from the performance index |
| 0-100 | % probability of the horse winning |
| 50-30-20-10 or 50-25-10 | Race index – same as performance but with different points allocated to 4 places / 3 places |