A profitable course winner angle to factor in at Cheltenham this year...
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A quick(ish) one for you
today as I'm in the middle of pulling together some early Race Trends analysis for full NTF Members...
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Course form has long been a talked about subject in horse racing... in general terms and at the Cheltenham Festival...
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...and whilst I don't get overly hung up on it... it's definitely something I look closely at, as well as having some 'course winner' angles plugged into my database, to help with my final narrowing of the field process...
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Looking at the last 12 Cheltenham Festivals we see that there have been 333 races... 121 of them (36%) have been won by a horse that had at least one previous victory at Cheltenham...
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Backing all those course winners would have found you plenty winners... but also left a hefty hole in your betting bank, to the tune of -£75.72 (BFLSP)... E/W returns would have been even more damaging... that hole is a whopping -£502.37 in size...
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Most of that damage, however, came from a certain group of course winners... that group being...
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Horses that had recorded their last course win more than a year ago (DSLR 366+)
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If you look at that group in isolation you get stats of...
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40/669 | 6% S/R | -£198.25 BFLSP - W&P 134/669 | 20% S/R
31% below exp | E/W =
-£485.77
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That's not to say they should be flat out ignored of course, but for this specific angle removing that group gives a much stronger platform to work from...
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Removing the young (4yo's) and the old (12yo's+) also tightens things up plenty... between them (from our new base point) they only contributed 2/46 and dropped -£38.72 points...
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Horses without a win (at any track) in their last 3 starts also drain the profits... they returned 7/103 and dropped -£37.83 points... so it makes sense to drop that group and concentrate on horses with a recent win on their CV...
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And finally... horses starting at the Festival at an SP of 28/1+ struggle (on this angle) to make any real impact... with stats of 1/68 and dropping -£22 points...
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Leaving us with a neat looking angle (since 2014) of...
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