How to use basic statistics in racing? You wear it all the time you’re on the track. Tip sheets are made from statistics. The handicap picks of the major newspapers are too. Pretty much everything else related to selecting horses and predicting earnings or earning income. There are two main divisions in racing: handicap and profitcapping. Each division is 50% of the game and each uses statistics to predict its own results. Each. Because racing is a statistical game. In the end, the statistics are in list form and you take this information and analyze it to make sense of it.
This produces answers that will help you earn money. Statistical racing information is almost always in list form about one or all of the items. Be it a handicap method like class, shape, track bias, etc. Or types of bets such as trifectas, exact, place pick all, etc. For statistical work, collect information on anything pertaining to disability or benefit limitation. But in all cases you must collect large enough amounts to make a firm assessment. IN THE RACES YOU MUST HAVE STATISTICS. Many players just don’t understand how important this is and don’t know how to use basic stats in racing.
Although they use it all the time. They refuse to do their thing, which would be helpful. As an example: let’s say you want to find out how good and bad Beyer’s speed numbers are. You want to know how well it captures the position of the place. So, take a sample of 5,000 races that contain their respective Beyer numbers. With this sample size you can win, place, show, fourth and fifth place if you wish. But you like to play the position of the place. This will turn into a list of when Beyer’s highest number was placed.
And this can be converted to a percentage when the analysis is done. You also want to use the same 5,000 runs to find out the same for the horse form and compare it to the Beyer numbers as a separate percentage. What if you wanted to find out how good the best form and the best Beyer numbers are as a unit method? What is your percentage as the only method of winning and placing positions using those 5,000 runs? You would not only see how Beyer’s and Form behaved separately, but also as a percentage unit method. In part, it’s about how to find the most powerful systems and methods and how to use basic stats in racing.
