Backing Previous Course Winners - does it make any difference?

by David Renham (August 2005)

With the 2005 flat season just starting to get into gear, I thought it was time to share more research with you. Many so called “profitable” systems use course winners as an integral part of their “successful” system. However, do previous course winners actually offer more of an edge than horses that are not course winners? The following table looks at each individual course with results taken from 1986 to 2004. It compares the overall strike rate of all horses, compared the strike rate for course winners. Please note that this for flat racing only. The profit / loss figures are also shown :


Course

Overall Strike Rate

Profit / Loss

Strike rate for Course winners

Profit / Loss






Ascot

8.7 %

– 26.0 %

12.0 %

– 12.6 %

Ayr

10.4 %

– 23.5 %

10.0 %

– 28.3 %

Bath

9.2 %

– 30.5 %

11.4 %

– 29.3 %

Beverley

9.1 %

– 37.4 %

12.5 %

– 18.1 %

Brighton

10.3 %

– 29.4 %

11.5 %

– 29.0 %

Carlisle

9.9 %

– 32.7 %

10.6 %

– 38.2 %

Catterick

9.5 %

– 34.1 %

12.9 %

– 22.7 %

Chepstow

9.0 %

– 31.7 %

11.1 %

– 23.8 %

Chester

11.2 %

– 26.2 %

12.0 %

– 15.2 %

Doncaster

8.1 %

– 34.0 %

10.0 %

– 23.7 %

Epsom

10.1 %

– 27.9 %

12.1 %

– 4.9 %

Folkestone

9.4 %

– 33.4 %

12.3 %

– 29.2 %

Goodwood

9.7 %

– 26.2 %

11.5 %

– 21.1 %

Hamilton

10.7 %

– 26.2 %

11.3 %

– 34.5 %

Haydock

9.5 %

– 30.7 %

11.5 %

– 22.6 %

Kempton

8.6 %

– 30.1 %

11.0 %

– 14.6 %

Leicester

7.9 %

– 38.1 %

10.9 %

– 22.2 %

Lingfield (aw)

9.8 %

– 30.4 %

13.2 %

– 22.5 %

Lingfield (turf)

9.1 %

– 36.3 %

11.5 %

– 31.3 %

Musselburgh

10.6 %

– 35.4 %

12.6 %

– 17.4 %

Newbury

8.6 %

– 31.3 %

10.2 %

– 31.9 %

Newcastle

9.7 %

– 31.4 %

9.5 %

– 35.0 %

Newmarket (July)

9.6 %

– 29.0 %

12.4 %

– 21.3 %

Newmarket (Rowley)

7.6 %

– 34.7 %

11.2 %

– 23.4 %

Nottingham

7.9 %

– 37.1 %

9.7 %

– 22.1 %

Pontefract

8.7 %

– 33.3 %

10.3 %

– 27.5 %

Redcar

8.7 %

– 37.1 %

10.8 %

– 24.2 %

Ripon

8.6 %

– 41.0 %

10.5 %

– 23.3 %

Salisbury

8.8 %

– 34.6 %

11.7 %

– 9.0 %

Sandown

10.0 %

– 27.8 %

11.6 %

– 29.2 %

Southwell (aw)

8.8 %

– 33.3 %

12.0 %

– 25.8 %

Thirsk

9.1 %

– 37.2 %

10.1 %

– 28.3 %

Warwick

8.5 %

– 32.6 %

12.0 %

– 10.5 %

Windsor

7.7 %

– 41.0 %

13.2 %

– 16.3 %

Wolves (turf)

8.6 %

– 34.9 %

9.5 %

– 33.3 %

Wolves (aw)

9.8 %

– 29.7 %

12.5 %

– 23.8 %

Yarmouth

10.5 %

– 26.7 %

12.7 %

– 20.3 %

York

9.0 %

– 31.0 %

8.9 %

– 32.3 %


In general, this table indicates that previous course winners win more often than the “norm”. In order to look at each course in more detail, I have taken the relative “strike rates” and calculated an impact value for each course. The higher the impact value, the more significant it is to be a previous course winner :


Course

Impact

Value

Windsor

1.71

Newmarket (Rowley)

1.47

Warwick

1.41

Ascot

1.38

Leicester

1.38

Beverley

1.37

Catterick

1.36

Southwell (aw)

1.36

Lingfield (aw)

1.35

Salisbury

1.33

Folkestone

1.31

Newmarket (July)

1.29

Kempton

1.28

Wolves (aw)

1.28

Lingfield (turf)

1.26

Bath

1.24

Redcar

1.24

Chepstow

1.23

Doncaster

1.23

Nottingham

1.23

Ripon

1.22

Haydock

1.21

Yarmouth

1.21

Epsom

1.20

Goodwood

1.19

Musselburgh

1.19

Newbury

1.19

Pontefract

1.18

Sandown

1.16

Brighton

1.12

Thirsk

1.11

Wolves (turf)

1.10

Carlisle

1.07

Chester

1.07

Hamilton

1.06

York

0.99

Newcastle

0.98

Ayr

0.96


Previous course winners at Windsor therefore have a very good record and that is certainly a fact you should take into account if backing at that particular course. In contrast, York, Newcastle and Ayr are places where previous course winners are actually less successful than non course winners.


The other “angle” to consider here is the profit / loss one. For example, there are courses where previous course winners significant improve the “loss” figures : Epsom course winners cut a deficit of 27.9% to just 4.9%; Salisbury course winners cut a deficit of 34.6% to just 9%; Warwick course winners cut a deficit of 32.6% to just 12%, while Windsor course winners cut a deficit of 41% to 16.3%. Other courses to note in this respect are Ascot, Beverley and Musselburgh, and to a lesser extent Catterick, Chester, Leicester and Ripon.


Course and distance winners


I decided to delve a bit deeper and look to see if I could find any course and distances that profits could be made by backing course and distance winners. Here is what I found :


Course & distance

Strike rate for previous course and distance winners

Profit




Salisbury – 5f

10.8 %

+ 47.4 %

Warwick – 1 mile

13.8 %

+ 25.8 %

Ascot – 2 miles

17.8 %

+ 20.7 %

Chester – 1 mile 2f

15.7 %

+ 15.8 %

Kempton – 6f

10.3 %

+ 14.3 %

Chester – 1 mile 4f

20.9 %

+ 13.8 %

Newmarket Rowley – 1 mile

12.3 %

+ 13 %

Pontefract – 2 miles 2f

14.4 %

+ 12.8 %

Newmarket July – 1 mile 4f

18.8 %

+ 12.7 %

Epsom – 1 mile 114yds

13.3 %

+ 9.6 %

Salisbury – 1 mile 4f

16.5 %

+ 8.8 %

Catterick – 6f

24.1 %

+ 7.5 %

Epsom – 6f

17.3 %

+ 3.5 %

Beverley – 1 mile 100yds

12.8 %

+ 1.7 %

Goodwood – 7f

16.4 %

+ 0.6 %


Clearly backing “blind” previous course and distance winners is never going to produce real profits, however, the above table indicates that course and distances have better chances than others.


To conclude, course winners and certain course and distance winners are definitely worth noting. I hope this article has helped in determining which are the best courses, (and course and distances), for this approach.


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