Stats On Winning Favourites
The favourite in a horse race is the shortest priced runner in the odds market. Visit here to learn more about horse racing odds. The theory behind a horse racing favourite is it has the most likelychance of winning the race however as all followers of the sport will know this is far from always being the case.
Even if you add in a rebate, and you play every favorite in every race, you are going to lose money in the long run. Favorites don't pay enough for you to bet them every race and stay in the black. That does not mean you can't win if you pick and choose your spots with the favorite.
- Punter Stats - Australian Greyhound Racing Stats Win - Place overall data. (All race types, All field sizes) Custom Search Options Menu Home Win/Place Data Quinella Data Exacta Data Trifecta Data Box Trifecta Data First 4 Data Venues Data Event Type Data.
- Here are the average win rates for the wagering public’s favorite, on average, at racetracks across the nation: Favorites Win 35% of the time Favorites Place (run 1st or 2nd) 55% of the time Favorites Show (run 1st, 2nd or 3rd) 69% of the time.
- A big favorite is when a fighter has odds of -300, or wider, to win. Therefore, in terms of percentages, a big favorite means that a fighter’s implied odds of winning are 75% or more. What are fight totals?
- FootyStats is your best resource for stats such as Goals, Over 2.5/Under 2.5, HT/FT, Dynamic In-Play Stats, and much more. If you have any questions, thoughts or feedback please don't hesitate to get in touch. Our content is not intended for an audience under 18 years of age.
Contents
What makes a favourite
There are so many factors that can contribute to a horse being favourite in any given race. These range from obviousthings such as previous form of the horses competing to more reactional favouritism created by word of mouth such as favourable word coming fromthe trainer of the horse. The shorter the price of the favourite the more likely it is its position in the market is derived from form actuallyshown on the racecourse. Its worth remembering something has to be top of the market so in races where there is little between the major playershorses may well switch places in favouritism right up till the off.
Favourite types
There are three types of favourite description you may see, these vary only in terms of the number of runners withfavouritism status. These are as following -
- Clear favourites. Indicated by an F (for example 2/1F) signifying this horse was clear at the head of the market.
- Joint favourites. The display will show JF (for example 3/1JF) meaning this horse and one other were joint top in the market.
- Co favourites. Signified by CF (for example 4/1CF) this shows the horse was one of at least three who were all sharing favouritism.
False favourites
Here is where hindsight is often used, because of course after the race its easy to say 'no way it should have been favourite'. The aim of punters is to try and distinguish the factors commonly associated with horses who are incorrectlyat the head of the market and therefore perhaps underpriced and worthy of taking on. Some of these factors can include the following -
- The form of the favourites previous win has worked out badly.
- Competing horses have previously beaten or came very close to the favourite in similar circumstances.
- Collateral form does not justify favouritism
- The horse has ran too many times or risen too high in the weights and has peaked
- Despite boasting excellent form the favourite has not shown enough under todays conditions
- Hype - when its all down to talk and heresay, can you trust where its coming from?
Additional favourites comments
Although a commonly sourced set of statistics, it is worth recognising the actual odds of the favourites for certain types of races are generally shorter than others. Therefore although a commonly spoken statistic of favourites going well in certain circumstances may to an extent be true, it does not actually mean anything worthwhile from a betting perspective. Take for example two jockeys, one of whom has a 50% strike rate on favourites while the other has only a 25% strike rate - this is only meaningful if they have competed on horses in a comparable price range.
The key to finding favourites who are consistently worth either backing or taking on is to identify a like-for-like scenariowhere you can clearly spot, justify and explain the reasoning behind your support or laying of this particular favourite type with solid statistical evidence over a reasonable period of time. There are several good systems exploiting these situations but they are often short-lived due to the popularity of favourites and the fact bookmakers are always second-guessing punters.
Horse Racing Favourite Statistics
There is a section focusing on favourites in the dedicated directory of horse racing statistics,here you will find numerous facts and figures in relation to the favourite in various tests.
Favourites in the horse racing systems builder.
With the Favourites setting, you can specify favouritism status of the horse. Favourites are horses that started as clear favourite, Joint Favourites are horses that started as a favourite with same price as one other horse. Co-Favourites are horses that started with same price as two or more horses.
- Selecting Favourites & Co-Favourites limits query to horses that started as co-fav or fav. Joint favs would not be included.
- Selecting Co-Favourites only will include only Co-Favourites in your query. Clear favourites and joint favourites would be excluded.
- Selecting Favourites in the Favourites (LR) setting limits query to horses that started as favourite on their last run.
Starting Price Of Favourite
Here you can breakdown/include only races that had a favourite within your specified price range.
- Setting between 2/1 & 4/1 limits your query to only races where the shortest priced horse in the race (fav or joint fav etc) was equal to or greater than 2/1 and less than or equal to 4/1
- Setting between 10/11 and 10/11 limits your query to only races which had a 10/11 priced favourite
This horse racing system simply works by placing the same stakes ( i.e. £10 on each selection ) but it also has some rules, which are pretty straight forward to understand.
The amount of selections you bet on this horse racing system is determined by the odds of the favorite, I have placed a table of odds below for you to show how many selections can be bet upon.
All odds below are in decimals and are the odds of the Favourite in any given race.
Odds of Favourite In decimals Bet On First
Between 3.00 & 4.00 2 Horses
Between 4.00 & 5.00 3 Horses
Between 5.00 & 6.00 4 Horses
Between 6.00 & 7.00 5 Horses
Between 7.00 & 8.00 6 Horses
Let’s just imagine that the first race you wanted to have a bet in is the 2.10 @ Ascot. Simply navigate to that particular race at your chosen, betting exchange, bookmaker website or go down to your local bookies and take a look at the odds/prices that you are being offered.
Now for this horse racing system to work, let’s say for arguments sake that the favourite was being offered @ 5.3. Take a look at the above table and look for 5.3, there you will see that you are allowed to bet on the first 4 horses in the betting market i.e. 1st Favourite, 2nd favourite, 3rd favourite and 4th favourite, making a little more sense now??
The same goes for any price that the favourite has within the odds displayed in the table above.
This horse racing system, called “Level Stake” betting, has been around for “Donkey’s” years but not too many people actually do it, simply because the majority of punters are looking for a BIG win with every bet they place and to be honest they lose almost ALL the time.
Selections process for this horse racing system is very easy to do: if in your chosen race the favorite has odds of 3 at Betfair then you are allowed to place your stakes on the favorite and the second favorite in the betting.
If in this horse racing system you placed say £10 on each one, your total outgoings are £20. If the favorite were to win you would receive back £20 in winnings and your £10 stake money as well, so a total of £30.
If the second favorite were to win at odds of 5, then you would receive back £40 plus your £10 stake money back for a total of £50 return.
If you were to select a big race where the favorite was priced up at 7 on Betfair then you are allowed to place your stakes on the first 6 in the betting.
It is a very simple horse racing system, but highly effective and if done properly can make a very nice second income.
I have personally had winning bets of up to 25/1 although these are very few and far between it’s very nice when it happens.
Level Stakes betting can be used with nearly all races, with just a few exceptions which are listed below.
1. Do not bet in “Maiden” races. I find these to be very unpredictable and results can vary.
2. NEVER bet in handicap races with over 16 runners, again very unpredictable and there are always much better races to bet in.
3. Never bet in “Apprentice” races, although there are some pretty good apprentice jockeys around you WANT a pro jockey that knows exactly what it takes to win a race.
Another variation of the above horse racing system is to MISS OUT the favourite and use the second favourite as your stating point. This enables you to add more selections and get bigger priced winners.
If you copy how I make my selections below then you will be quids in week after week.
If you decide to place your level stake bets with the favourite included, then this horse racing system is straight forward enough as ANY race that meets the above criteria is fair game but if you wanted to narrow your search down and just find between 2 & 4 races per day to play in, then just copy the following to achieve a VERY high strike rate.
You will need any “run of the mill” newspaper ( I prefer “The Sun” ) that has racing pages in its sporting section.
Plus you will need to register yourself at the http://www.racingpost.co.uk website if you haven’t done already then go do it now, it doesn’t cost anything.
On racing day, to apply this horse racing system simply log onto the racing post website and go through ALL of that days racing, you must mark off ( in your newspaper ) the selection that the racing post gives as its most likely winner.
When you have done that you then look at what your newspaper’s two tipsters go for in that particular race. If ALL 3 ( 2 X newspaper tipsters plus racing post) select the same horse then that COULD be a definite bet. Then simply do this with the newspaper for ALL the races of the day. Don’t be put off at all, it takes about 10 minutes to do, not a lot of time for a horse racing system that could change your financial future.
Once you have done that you need to go to Betfair and simply check the odds for the horse that ALL 3 tipsters have given. If the odds are acceptable with the odds in the table then you have a definite bet and you stake on however many horses that the odds in the grid tell you to.
The other variation of this horse racing system is where you miss out the favourite all together and the selection process for this is much simple and quicker.
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Simply miss out all the “Danger” races as described on the previous page then try to find races that have between 12 & 16 runners, especially handicap races because in handicap races horses are allotted different weights to carry, which in effect gives ALL horses the same chance of winning.
Then all you need to do for this horse racing system to work is to get the odds for the SECOND favourite and place your stake money down on as many selections as the table allows you to.
Now you know how easy it is to make your selections, you will now need to know how to make best use of your betting bank.
We will take a £1000 betting bank as an example but you can start with however much you can afford, this horse racing system works for everybody!
Simply divide your betting bank by 100, so for a £1000 bank this figure is £10. So £10 is the amount you should place on your first ever race.
Let’s now say that in your first race you can bet on the first 4 horses, you divide your first bet of £10 by 4, which equals £2.50, so £2.50 is the stake money that you place on the first 4 selections in your first race.
I can just hear you say “Hey, staking a mere £2.50 on a horse, this horse racing system is not going to make me rich!!”
Well, its not and is not meant to either, yet! You should look at this as a long term venture and protect your betting bank as best you can. Dividing your betting bank by 100 gives you 100 losing bets before you go bust and that just is not going to happen.
In the £2.50 example above if the favourite wins then you will win a level stake profit of £2.50 BUT if the favourite loses and an 8/1 shot wins, you will then pick up a nice £12.50 profit.
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Then as the days go by your betting bank increases and then so does your initial stake money and soon instead of placing £2.50 on each horse you will find yourself placing £22.50 on each horse, I can see how you start enjoying this horse racing system now!
Stats On Winning Favorites 2019
ABOUT THE AUTHOR: John Anthony is a recognized authority in the PRO gambling world. His worldwide famous Horse Racing System, the Sure2Profit Calculator PRO 1.8, has helped over 1,288 people making up to ?80,000 per year on Tax FREE profits.
How Many Odds On Favourites Win
Find out how to become one of them here:http://www.sure2profit.com/software.htm