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We all want to be competitive in everything we do. And no more so that with punting on horse racing.

Success in punting on horses, in fact most things reduces down to an information war - the people with the best information make the smart moves.

Books have been and still are the best source of general information, and this applies at least as much in the art of racehorse selection and staking as in any other field.

Author Paul Segar has produced textbooks which cover all aspects of punting. The books alone stand as a complete reference but also provide 'food for thought'. You can develop / improve your own ideas as well as learn some new techniques.

Each book is written in plain English with plenty of practical examples in each chapter. Browse the contents of each book or email for further information, if required.


Improve your punting knowledge today - buy one or all of these books.

Read the books but want more? It's time to do a course.

The Pureform Introduction Course uses a computer program to show you how and when to bet and how to do it successfully. Check out the details

 

The Benchmark Handicapper Course continues from the Introduction Course and gives you further weapons to apply when making quality value selections. More...

 

The Introduction to Dutch Betting using the Ratings Calculator Course gives you an introduction to betting using the Ratings Calculator computer software. More...

 

 

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Weight Handicapping in Australian Horse Racing


By Paul Segar

Benchmark Handicapping and Rating Based Handicapping are two hot topics in Australian horse racing.

 

Menu

1. Introduction 6. Rating Based Events
2. Changes to Australian Horse Racing Handicapping 7. Allotting Weights for Future Rating Based Events
3. The History of Australian Horse Racing Handicapping 8. Handicapping around Australia
4. Benchmark Events 9. Case Study: The R 0-55 ratings band
5. Allotting Weights for Future Benchmark Events  

 

Introduction

Horse racing has been part of Australian culture for most of the country's entire recent history.

Without little doubt it will continue as a sport played by millions for as long as country still has a beating pulse. For some people it is a way of life, others an obsession. If you love horse racing, you love it - end of story. The competition. The spectacle. The chance to win or lose a fortune. All built into a background of urban and rural venues.

Some of the most famous races in Australia are run under handicap conditions and will continue in this way.

For more than a century time honored events like the Melbourne Cup and Epsom Handicap have been run and won with handicappers distributing the weights between champion and also ran to level the fields for unpredictable and exciting racing.

And for what it's worth, so far they have been doing a top notch job.


These first class race weights carried by the best horses in many cases from around the world have been calculated using the same methods and will continue to be done in a similar way. The elite events require elite handicapping techniques what with daily press coverage and the associated pomp and ceremony.

But what about lesser races run every day?

This series of articles helps to explain the use of weight as a handicapping tool in horse racing.

 

 

 

Changes to Australian Horse Racing Handicapping

Australia

 

In not so recent years, Australian day to day horse racing became part of various revolutions or is it evolutions in the handicapping of its competitors.

These handicapping changes were undertaken to maintain the uncertainty required in most races and to cater for a larger group of moderate horses.

Imagine how long horse racing would exist if the best horses were handicapped so they could win every race? Not very long.

As everyone knows, in a handicap race the better horses are made to carry more weight to give the weaker runners a better chance of winning by naturally allotting them lower amounts.

This handicapping is done within certain limits, that is between a maximum top weight and a minimum bottom weight and so higher weighted runners typically have an advantage.

***Some horses simply cannot carry a low enough weight to be competitive.

Weight handicapping of this kind is common throughout the entire world.

The approach to allocating weights to Australian horses in normal day to day handicap events has changed, not so recent as when this article was first written but in modern times.

How did this all come about? Why did the system have to change? They say necessity is the mother of invention and no more so does this apply than for Australian horse racing.

Again consider how long horse racing would exist if the best horse always won or there were so few top horses and many also rans?

 

 

 

 

 

 

The History of Australian Horse Racing Handicapping

Pharlap

Horse racing in Australia was at some time in the past a maximum 4 or 5 days a week sport with a fairly leisurely one TAB meeting on most racing days.

Monday, Friday and Sunday racing were not quite taboo but a rarity.

Today Australian horse racing is a 7 day a week, multiple meetings in most states 364 days of a normal year horse racing machine. Like many other sports, it went from being a sport to a business. We'll call this the new system.

Before the new system, there were two different types of meetings: TAB and non-TAB meetings with the despised non-TAB races having little coverage and mediocre runners at best.

Suddenly the two different types of meetings, TAB and non-TAB became simply TAB meetings.

All the horses running in very weak races were now eligible for higher prizemoney as a result of the burgeoning betting turnover.

Night racing produced three or more meetings with often a smorgasbord of over 20 races in one state available for the average punter to digest.

There was now a virtually unending supply of races and this left in many cases a gaping rift between the elite performers, the highly competitive types and the remainder of the horse racing population.

It is as a result of this increased racing interest that changes have occurred in the handicapping methods used on Australian horse racing.


The Systems

The old restricted system of handicapping horses into various classes started out using terms like Maiden, Improvers, Progressive and so on to define restricted racing. Let's call this the Improvers handicapping system.

In this Improvers system, a maiden race which still exists today was for horses that had not won a race (on the flat) of any kind. Beaten a short half head, 6 lengths or the length of the straight, a non-winner could run in a maiden.

At the same time this same horse could run in any of the other classes, just less likely to actually run well. Once a horse won a maiden, the next jump up was into an Improvers class race, and if talented, up it went through the classes.

The weakness of this handicapping system was that once a horse won at a level, there was no returning to a lower level. So if a horse won its first race in an Intermediate class (a higher class level), it could not run in the lower Improvers or Progressive classes at any stage during its career.

This race handicapping system is long gone and not returning but worked quite well at the time, a bit like Windows 3.1 on your computer. Worked great at the time but that time is long gone.

The next system introduced in the late 1980's was what we will call the Class system for restricted racing.

This handicapping system consisted of six classes, class 1 to class 6. The class indicated the maximum number of wins a horse could achieve before being ineligible for that class.

In simpler language, one more win than the class and you're out!! This change occurred when research showed that most horses raced at the bottom end of the previous handicapping scale.

So a class one race was available to horses having won none or one race. Once that campaigner had two wins on the scoreboard it was no longer eligible to run in class 1 races. The difference now was a horse could win its first race in a class 5 and still be able to run in a class 1, 2, 3, 4, 5 or 6.

If it won a second race, it was limited to class 2 to 6 events with class 1 no longer possible, and so on.

This was a major improvement on the earlier Improvers system and although this Class system was expected to be phased out, it is still strongly integrated into the new restricted racing system.

As more and more races were being run with greater exposure to a larger population of moderate horses, it became clearer that many horses made it out of maiden class and that was it.

The maiden winner had no where to go except back to the paddock.

These horses were of limited ability and unable to win any higher class races.

But, with the greater need for horses to run in the never ending supply of races, retirement was no longer an option - not even for the most limited of charges.

Now even the slowest, weakest conveyance had a race in which it too could shine as a potential winning chance.

This was hugely beneficial for owners who now could race even weak animals for prizemoney and often collect.

One problem of this new system was that weak horses were very difficult to train and keep sound and as a result field sizes were ever dwindling.

Today's restricted class meetings invariably consist of maiden races making up half the day's racing and during busy times even maiden fields are limited in size.

 

 

Handicapping - Part 2: Benchmark Events

 

 

 

 

 



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