Proform
In Running Module
The In Running Module is integrated into many
parts of the Proform Software.
In this section we breakdown the various parts and explain each one.
There are quite a few videos with commentary for most
of this section.
Contents
The
Proform In Running Module
Why
Use the Proform In Running Module?
Data Coverage and Scope of Data
Race Results
Screen in Data View
In Running Screen in Data View
Colour Coding the Data using the In Running Tab
in Preferences
In
Running Results Presentations in System Builder
In Running Tab in System Builder
Analysing Lowest In Running Prices
Analysing Highest In Running Prices
Researching Lowest In Running Prices
Why
Use the Proform In Running Module?
For
several months now, the next module of Proform Professional has been as it were
in the “laboratory stages” of development and now it is ready to see the
light of day for the first time. We believe that the in-running (IR) module will
be a significant addition to anyone who has an interest in how a race develops
IR or wants to see how a horse trades during their performances.
The
data has been there before but as we know to our own cost it takes a significant
investment in time and resources to be able to analyse and assess the data and
then use that in an effective way for day-to-day investing. As we all know the
cornucopia of races that the British racing calendar throws at us is a complex
puzzle and anything that can save time and allow more analysis time is to be
welcomed.
Whilst the original ways of
betting or investing still remain, there are a myriad of ways that you can just
place a simple pre-race wager these days, once the tapes go up or the stalls
open that won’t be the end of the way that you can manage your bet or even
have a bet if you have not yet invested. That is very much the ethos behind the
Proform Professional IR module which is designed for those of you who very much
either bet IR, want to know how your horse progresses through the race or even
how often they trade below or at a certain price. Those would be just a few of
the ways that the new tool can be used.
We
realise that IR betting is not for everyone but there are many misnomers about
this form of betting and the images that it conjures up. You don’t necessarily
need to be the fastest finger or have the quickest pictures – some manual
dexterity helps but we feel that having the data and prior knowledge of how a
horse will trade is far more important. If you like what we have created here is
an IR formbook. We of course need
to make it clear at this point that like the official formbook it is not just a
question of reading that and finding all the answers and horses don’t always
run to form and repeat again and again, but you are more likely to have a far
better chance of making your betting profitable if you have the information at
your disposal.
We
don’t intend during this piece to give lots and lots of examples as to how the
software can be used those can be found in this help file, which gives a full
demonstration of all the facets and abilities of the IR Proform module, but here
are a few points to consider in the way that the database can be used that
hopefully will whet your appetite and want you to get involved.
One
of the simplest tools that will be introduced within the new module will be the
ability to see on how many occasions a horse has traded at a certain percentage
lower than its Betfair SP (BSP) – this of course would give you a clue as to
if a horse was worth considering as a back-to-lay vehicle. Many punters now are
happy to at least cover their initial investment by laying their stake IR at a
shorter price than they backed it originally, thus essentially giving them a
free bet. Of course there are extensions of this tactic and some punters will
lay back more than their stakes at shorter prices on their original selection to
give them a profit on all the runners in the race, producing what is known as a
“green book”. The point we are trying to make here is that within the
Proform IR module you will have the capability to assess all of that information
about a selection and see how many times it has traded as a particular
percentage below BSP, what prices it has traded at, plus of course all the other
factors that exist on the database – you may for example want to just see the
runs as a certain track or on a particular type of ground. As with the main
Proform database all of those facilities will exist to really drill down into
the data.
Already
in the database are pace ratings and descriptions of the running styles of
horses, they are of particular interest if you want to see how a horse is likely
to trade IR and any race analysis is going to improve for having that sort of
knowledge. If you like you are trying to create a mental picture of how a race
will play out before it is run. These pace and running style descriptions are
now augmented by the actual data of how a horse has traded during the race so
you can see the ebbs and flows of the price during the race. This will give you
a good idea of how IR players have reacted to the run style of a horse; again it
may well be that on examining a short-priced favourite and its IR history you
can see that it has always traded at a bigger price IR due to a particular trait
in its run style. Many players would then be happy to back the horse in question
IR and obtain a bigger price than pre-race, and as we all know there are many
examples each day of horses trading at way above their BSP and still going on to
win. The Proform IR module will give you that information at your fingertips and
can identify horses who do this on a regular basis and still go onto win.
Let’s
at this point give you another example and a little teaser from the database and
how you could use it to your advantage. We have just looked at the IR record of
horses in chases when they trade below 1.99 and found a horse that has on seven
yes seven occasions traded below that price and never converted trading that
short into winning. Now at the very least that should set you thinking that if I
had backed that horse it would be worth saving my stakes if it got down to those
sorts of prices, alternatively laying it IR is an option as would be backing any
of the other protagonists in the race that are challenging it at the time. You
would of course be in possession of this information pre-race, information that
the majority of punters on that race won’t have – being in that position
gives you a vast advantage on them and it doesn’t become a question of manual
dexterity then more one of being knowledgeable about a horses IR traits and
style.
The
horse in question by the way is Battlecry who has seven times traded odds-on in
his chase races and never ever won one of those. I’m sure you will all find
your own examples and ways of using the data to suit your own means.
We
know that IR betting isn’t for everyone initially but if you take time to
experiment with the data and use small stakes we are sure that it will open up a
whole new range of possibilities for your betting and like everything within the
Proform database you can research the profitability of any system or individual
horse on any IR parameters.
Obviously,
this IR module has substantially extended the use, capabilities and scope of
Proform Professional and a considerable amount of development time has been
required for this idea to come to fruition. There is at the moment within the
marketplace no other database of IR statistics and data that can rival what we
have put together here and for this reason alone we feel that we are only able
to offer the product as an additional one to the main Proform Professional
product at a small supplementary cost. We feel that the cost of subscription
will quickly be recovered not only in time savings for the IR players amongst
you but also in the wealth of additional data and knowledge that will be
available to you via the IR database. We hope that the enquiring minds of the
Proform customer base will enjoy this new additional feature and that those of
you who are already fascinated about how races are run will want to get involved
straight away and for those amongst you who are to still to discover IR betting
it will give you the confidence and information that you need to get involved.
We
see this as very much the starting point with this module and we will be
continuing development over the coming months as we take on board your comments,
ideas and suggestions.
Data Coverage and Scope of Data
The In Running Module in Proform covers data from 2008 to date.
The data covered is In Running Highs and Lows for each runner in each race and up
to 20 In Running Highs and Lows for each runner as the race progressed.
The prices are only recorded when the volume bet at the price is at least £2.
(NOTE: A bet to the volume of £2 is £1 from
the backer and £1 from the layer.)
From the In Running Highs and Lows the
percentage difference to Betfair SP is also shown.
(NOTE: If the In Running High and Low data is not
displayed, i.e. is 0, then either the data does not exist with Betfair because
their site may have been down at the time of the race or the volume bet was less
than £2)
Here is a run down of the various items of data.
In Running Low
This is the Lowest price the horse went to In Running. The Low price when
a horse wins will more than often be 1.01
The In Running Lows are shown on the race results screen, the In Running Tab in
data view and in the drill down screen of the System Builder.
The In Running Lows can be analysed using the In Running Tab in the System
Builder and there are results presentations available from the Presentation Tab.
The In Running Low can be colour coding from
within the In Running Tab in the Preferences Screen. The colour code is
based on the percentage difference of the In Running Low against Betfair SP.
In Running Low Percentage to Betfair SP
This is the Lowest price the horse went to In Running expressed as a percentage
difference from Betfair SP.
An example would be if the In Running Low of a loser was 1.34 and it's Betfair
SP was 7.99 then the In Running Low Percentage would be -95.14%
(NOTE: 50% of a BSP of 3.00 (2/1) is 2.00 (evens), when working out the percentage
the 1pt added to BSP is deducted first.
The In Running Low Percentages are shown on the race results screen, the In
Running Tab in data view and in the drill down screen of the System Builder.
The In Running Low Percentages can be analysed using the In Running Tab in the
System Builder and there are results presentations available from the
Presentation Tab.
In Running High
This is the highest price the horse went to In Running. The high price
when a horse loses will more than often be 1000
The In Running Highs are shown on the race results screen, the In Running Tab in
data view and in the drill down screen of the System Builder.
The In Running Highs can be analysed using the In Running Tab in the System
Builder and there are results presentations available from the Presentation Tab.
The In Running High can be colour coding from within the In Running Tab in the
Preferences Screen. The colour code is based on the percentage difference
of the In Running High against Betfair SP.
In Running High Percentage to Betfair SP
This is the highest price the horse went to In Running expressed as a percentage
difference from Betfair SP.
An example would be if the In Running High of a winner was 12.00 and it's
Betfair SP was 6.37 then the In Running High Percentage would be 104.84%
The In Running High Percentages are shown on the race results screen, the In
Running Tab in data view and in the drill down screen of the System Builder.
The In Running High Percentages can be analysed using the In Running Tab in the
System Builder and there are results presentations available from the
Presentation Tab.
In Running Lows 1 to 20
These are up to 20 In Running Low prices at set intervals throughout a race.
The intervals are based on the amount of low prices available and the distance
of the race, for instance if the race was run over 5f and there are at least 20
low prices available 60 seconds (the time of the race) then the prices are taken
at 60 seconds divided by 20, so every 3 seconds, but if the race was over 3m and
took 387 seconds then the prices are taken approx every 19 seconds, 387/20.
The In Running Lows 1 to 20 are shown on the In Running Tab in data view.
The In Running Lows 1 to 20 can be colour coding
from within the In Running Tab in the Preferences Screen. The colour code
is based on the percentage difference of the In Running Lows 1 to 20 against
Betfair SP.
In Running Highs 1 to 20
These are up to 20 In Running High prices at set intervals throughout a race.
The intervals are based on the amount of High prices available and the distance
of the race, for instance if the race was run over 5f and there are at least 20 High
prices available 60 seconds (the time of the race) then the prices are taken at
60 seconds divided by 20, so every 3 seconds, but if the race was over 3m and
took 387 seconds then the prices are taken approx every 19 seconds, 387/20.
The In Running Highs 1 to 20 are shown on the In Running Tab in data view.
The In Running Highs 1 to 20 can be colour coding
from within the In Running Tab in the Preferences Screen. The colour code
is based on the percentage difference of the In Running Highs 1 to 20 against
Betfair SP.
In Running Interval
This is the interval in seconds that the In Running Low and High 1 to 20 prices
where taken over.
The In Running Interval is shown on the In Running Tab in data view.
Race Results
Screen in Data View
When viewing a race result in data view you can
now see the In Running High and Low for each runner along with there respective
percentage difference to Betfair SP.
These fields can be colour coded depending on the percentage differences.
You can also see the percentage difference from
Industry SP to Betfair SP in the +/- column.
(NOTE: The Betfair SP on race results screen is in decimal
format, i.e. includes the 1pt stake)
Here is a screen shot of a race results screen,
followed by an explanation of each field.
You can see in the screen shot the new columns:-
IR High
This is the In Running High that each horse reached. Rory Boy
while In Running reached a high of 70.00 on Betfair, which is 1816% higher (%DiffHIGH
column) than his BSP of just 4.60.
The IR High is highlighted in red
because it is higher by 100% or more than BSP. This can be set in
preferences where you can set the background and font colour of the IR High
dependant on the percentage difference to BSP.
The IR High is displayed as a dash (-) when the horse lost and it's IR High was
1000. This can be turned on or off in Preferences.
%DiffHIGH
This is the percentage difference or increase from Betfair SP to the
In Running High Price. The IR High is displayed as a dash (-) when the
horse lost and it's IR High was 1000. This can be turned on or off in
Preferences.
IR Low
This is the In Running Low that each horse reached. We can see in
this race that all 4 losing horses traded pretty low In Running.
The IR Low is highlighted in green
because it is lower by 50% or less than BSP. This can be set in
preferences where you can set the background and font colour of the IR Low
dependant on the percentage difference to BSP.
The IR Low is displayed as a dash (-) when the horse won and it's IR Low was
1.01. This can be turned on or off in Preferences.
%DiffLOW
This is the percentage difference or
decrease from Betfair SP to the In Running Low Price. The IR Low is
displayed as a dash (-) when the horse won and it's IR Low was 1.01. This can be
turned on or off in Preferences.
+/-
This is the percentage difference between
Industry SP and Betfair SP and includes 5% commission on the Betfair SP
Price. You can see in this instance the BSP of the winner Rory Boy was
-2.34% worse than taking Industry SP.
In Running Screen in Data View
When viewing a race card in data view there is
now a new In Running Tab.
The tab includes various normal form information about a horse, along with the
new In Running data for each run.
Below is a screen shot of a race with the In
Running Tab open, followed by an explanation of each field.
The In Running Tab contains some of the
information from the normal form tab, i.e. Speed Rating, Date of Run, Course,
Going, Distance and Betfair SP, to name a few.
(NOTE: The Betfair SP on In Running Tab is in decimal
format, i.e. includes the 1pt stake)
The In Running Tab also contains a preferences
button, which will take you to the preferences tab where you can change the
colour coding of the In Running Highs and Lows. There is a full section on
this further down the help file.
The In Running Tab also contains In Running
Prices and percentages for each run, which are :-
IR High
This is the In Running High that this horse reached on each of it's
past runs.
We can see that on 2nd March 2011 Rince Donn reached the maximum of 1000 In
Running when going onto win.
The IR High is highlighted in red
because it is higher by 100% or more than BSP. This can be set in
preferences where you can set the background and font colour of the IR High
dependant on the percentage difference to BSP.
The IR High is displayed as a dash (-) when the horse lost and it's IR High was
1000. This can be turned on or off in Preferences.
%DiffHIGH
This is the percentage difference or increase from Betfair SP to the
In Running High Price. The IR High is displayed as a dash (-) when the
horse lost and it's IR High was 1000. This can be turned on or off in
Preferences.
IR Low
This is the In Running Low that this horse reached on each of it's
past runs.
We can see quite clearly that Rince Donn when losing often trades very low In
Running.
The IR Low is highlighted in green
because it is lower by 50% or less than BSP. This can be set in
preferences where you can set the background and font colour of the IR Low
dependant on the percentage difference to BSP.
The IR Low is displayed as a dash (-) when the horse won and it's IR Low was
1.01. This can be turned on or off in Preferences.
%DiffLOW
This is the percentage difference or
decrease from Betfair SP to the In Running Low Price. The IR Low is
displayed as a dash (-) when the horse won and it's IR Low was 1.01. This can be
turned on or off in Preferences.
Also the In Running Tab contains In Running Lows and
Highs as the race in question was run, here is another screen shot where we have
scroll sideways on the In Running Tab to show you, first the In Running Lows
within the race.
IR Low 1 to 20 (L1 to
L20)
This is the In Running Lows that this horse reached throughout each
of it's races.
The IR Lows L1 to L20 are taken at intervals within the race.
The intervals are based on the amount of low prices available and the distance
of the race, for instance if the race was run over 5f and there are at least 20
low prices available 60 seconds (the time of the race) then the prices are taken
at 60 seconds divided by 20, so every 3 seconds, but if the race was over 3m and
took 387 seconds then the prices are taken approx every 19 seconds, 387/20.
This set of data is very useful to see the running style patterns of a horse,
you can see when the horse makes a mid race move or if it leads early or is not
put into a race until late by the way the prices decrease throughout a race.
The IR Lows are highlighted in green
because it is lower by 50% or less than BSP. This can be set in
preferences where you can set the background and font colour of the IR Low
dependant on the percentage difference to BSP.
The IR Lows are displayed as a dash (-) when the horse won and it's IR Low was
1.01. This can be turned on or off in Preferences.
This next screen shot is again of the In Running
Tab scrolled across even further to show the In Running Highs in each race.
IR High 1 to 20 (H1 to
H20)
This is the In Running Highs that this horse reached throughout each
of it's races.
The IR Highs H1 to H20 are taken at intervals within the race.
The intervals are based on the amount of low prices available and the distance
of the race, for instance if the race was run over 5f and there are at least 20
low prices available 60 seconds (the time of the race) then the prices are taken
at 60 seconds divided by 20, so every 3 seconds, but if the race was over 3m and
took 387 seconds then the prices are taken approx every 19 seconds, 387/20.
This set of data is very useful to see the running style patterns of a horse,
you can see when the horse starts slowly or begins to fade away in a race by the
way the prices increase throughout a race.
The IR Highs are highlighted in orange
because it is higher by 100% or more than BSP. This can be set in
preferences where you can set the background and font colour of the IR Highs
dependant on the percentage difference to BSP.
The IR Highs are displayed as a dash (-) when the horse lost and it's IR High
was 1000. This can be turned on or off in Preferences.
IR Interval
The IR Interval is the gap in seconds that each IR High 1-20 and IR
Low 1-20 is taken from the race.
T he intervals are based on the amount of low prices available and the distance
of the race, for instance if the race was run over 5f and there are at least 20
low prices available 60 seconds (the time of the race) then the prices are taken
at 60 seconds divided by 20, so every 3 seconds, but if the race was over 3m and
took 387 seconds then the prices are taken approx every 19 seconds, 387/20.
Video of In Running Tab In Use
Here is a short video of the In Running Tab being used in the race
above, where we set some quick filters to see how the In Running Tab data is
affected.
click
here to view the video
Colour Coding the Data using the In Running Tab
in Preferences
The colour coding of the In Running Highs and
Lows throughout Proform can be changed from within the Preferences tab
You can get to the preferences in three ways
- From the buttons on the left sidebar
- From the Options Menu at the top of Proform,
then click Preferences
- From the Preferences button at the top of the
In Running Tab when viewing a race/result in data view.
Once you have the preferences open click on the
In Running Tab and you will be presented with the following screen.
Here is an explanation of the various In Running Preferences
Hide 1.01 prices on
winner
If you have this ticked then the In Running price of 1.01 will be
replaced with a dash (-) wherever the In Running price is displayed. i.e.
The race results screen, In Running tab in data view, drill down in system
builder etc
There are some instances where horses win and do not reach 1.01, these In
Running prices will still be shown.
Hide 1000 prices on winner
If you have this ticked then the In Running price of 1000 will be
replaced with a dash (-) wherever the In Running price is displayed. i.e.
The race results screen, In Running tab in data view, drill down in system
builder etc
There are many instances when horses lose but do not reach 1000 In Running,
these In Running prices will still be shown.
(NOTE: Most horses do reach 1000 in running but on many
occasions it is to extremely small volumes, remember the In Running prices in
Proform are only reported when the volume bet is at least £2, i.e. £1 on the
back side and £1 on the lay side)
In Running Lowest
If you have this ticked then the colours and percentage you set for
the In Running Low prices will be used throughout Proform and wherever the In
Running Low price is displayed. i.e. The race results screen, In Running
tab in data view, drill down in system builder etc
You can set the percentage lower than BSP to whatever you wish and by clicking
the buttons at the side you can choose the background colour and font colour for
the In Running Lows throughout Proform. Your chosen colours are displayed
around the percentage you enter in this screen so you can see how they will
look.
In Running Highest
If you have this ticked then the colours and percentage you set for
the In Running High prices will be used throughout Proform and wherever the In
Running High price is displayed. i.e. The race results screen, In Running
tab in data view, drill down in system builder etc
You can set the percentage higher than BSP to whatever you wish and by clicking
the buttons at the side you can choose the background colour and font colour for
the In Running Highs throughout Proform. Your chosen colours are displayed
around the percentage you enter in this screen so you can see how they will
look.
In Running Low 1 to 20
If you have this ticked then the colours and percentage you set for
the In Running Low 1 to 20 prices will be used in Proform on the In Running tab
in data view.
You can set the percentage lower than BSP to whatever you wish and by clicking
the buttons at the side you can choose the background colour and font colour for
the In Running Lows 1 to 20. Your chosen colours are displayed around the
percentage you enter in this screen so you can see how they will look.
In Running High 1 to 20
If you have this ticked then the colours and percentage you set for
the In Running High 1 to 20 prices will be used Proform on the In Running tab in
data view.
You can set the percentage higher than BSP to whatever you wish and by clicking
the buttons at the side you can choose the background colour and font colour for
the In Running Highs 1 to 20. Your chosen colours are displayed around the
percentage you enter in this screen so you can see how they will look.
Once you have set your In Running Colour Preferences, click OK and they will be
remembered until you change them again and even if you close Proform they will
be remembered the next time you use Proform.
(NOTE: If you have any In Running Prices on screen while
changing the In Running Preferences, then after clicking OK they will not be
reflected on screen until a refresh of the screen is done.)
In
Running Results Presentations in System Builder
There are now some new In Running Results
presentation in the system builder on the main Presentations tab.
Here is a screen shot, followed by an explanation
and videos:-
by In Running Low Price
This results presentation will output
your system results presented by the In Running Low Prices.
As an example of how to use this presentation, this short video shows you how to look at the In Running Lows for
the previous days results
Click here to
watch the video
The In Running Low Price presentation can be used
for many research ideas using the full scope of the system builders parameters.
IRL Ranges
This results presentation will output
your system results presented by the In Running Low Prices grouped into ranges
of price ranges.
The price ranges are as follows:-
IR Low N/A (signifies no price available)
1.01
1.02-1.10
1.11-1.20
1.21-1.30
1.31-1.40
1.41-1.50
1.51-1.60
1.61-1.70
1.71-1.80
1.81-1.90
1.91-2.00
2.01-2.20
2.21-2.40
2.41-2.60
2.61-2.80
2.81-3.00
3.01-3.50
3.51-4.00
4.01-4.50
4.51-5.00
5.01-5.50
5.51-6.00
6.01-6.50
6.51-7.00
7.01-7.50
7.51-8.00
8.01-8.50
8.51-9.00
9.01-9.50
9.51-10.00
10.01-15.00
15.01-20.00
20.01-30.00
30.01-40.00
40.01-50.00
50.01-70.00
70.01-100.00
100.01-250.00
250.01-500.00
500+
As an example of how to use this presentation, this short video shows you how to look at the In Running
Low Ranges to analyse a a course, in this case Nottingham
Click
here to watch the video
In further videos we will show you have to
analyse a course using a In Running Lay Price.
by In Running Low %
This results presentation will output
your system results presented by the percentage difference from Betfair SP to
Low Price In Running.
This quick video example below shows you how to
look at the previous days racing presented by In Running Low %, you can quickly
see how many horses traded below their BSP In Running.
Click here to
watch the video
IRL % Ranges
This results presentation will output
your system results presented by the percentage difference from Betfair SP to
Low Price In Running in ranges of percentages
The range bands are as follows
>=99.00%
90.00% to 98.99%
80.00% to 89.99%
70.00% to 79.99%
60.00% to 69.99%
50.00% to 59.99%
30.00% to 49.99%
10.00% to 29.99%
9.99% and lower
It is often easier to look at the Low In Running percentages in the ranges view
This quick video example below shows you how to
look at one horse using the In Running Low % Ranges. The horse in question
is My Condor who trades 50% lower than BSP on many occasions.
Click here to
watch the video
by In Running High Price
This results presentation will output
your system results presented by the In Running High Prices.
You could use this presentation to look at
individual horses high trading prices when winning or to see if any particular
course helps horses win at inflated prices in running under certain conditions.
IRH Ranges
This results presentation will output
your system results presented by the In Running High Price Ranges
The price ranges are as follows:-
IR High N/A (signifies no price available)
1.11-1.20
1.61-1.70
1.71-1.80
1.91-2.00
2.01-2.20
2.21-2.40
2.41-2.60
2.61-2.80
2.81-3.00
3.01-3.50
3.51-4.00
4.01-4.50
4.51-5.00
5.01-5.50
5.51-6.00
6.01-6.50
6.51-7.00
7.01-7.50
7.51-8.00
8.01-8.50
8.51-9.00
9.01-9.50
9.51-10.00
10.01-15.00
15.01-20.00
20.01-30.00
30.01-40.00
40.01-50.00
50.01-70.00
70.01-100.00
100.01-250.00
250.01-500.00
500+
by In Running High %
This results presentation will output
your system results presented by the percentage difference from Betfair SP to
High Price In Running.
IRH % Ranges
This results presentation will output
your system results presented by the percentage difference from Betfair SP to
High Price In Running in ranges of percentages.
The percentages ranges are as follows:-
IR High Perc N/A (signifies no price available)
<0%
0% to 100%
101% to 200%
201% to 300%
301% to 400%
401% to 500%
601% to 750%
751% to 999%
1000% and Higher
In Running Tab in System Builder
The In Running Tab in System Builder contains
various new fields, which can be used to analyse In Running Prices.
Below is a screen shot of the In Running Tab, followed by an explanation
and videos:-
The parameters on the In Running Tab are split
into 3 sections, lets take each section separately.
Analysing Lowest In Running
Prices
You can analyse Low In Running prices by
price, or by percentage lower than BSP.
There are three fields available to you under the
heading Lowest In Running Prices
The first two are for analysing the Low price and the third for analysing
the Low %, we will look at by Low In Running Price first.
by Low IR Price
Analysing In Running Low prices can throw
up all sorts of profitable scenarios, horses that regularly trade low in running
and lose is a good example.
You can set the In Running Low price to whatever you require and can use the
operators > >= < <= AND
Examples would be
<=1.02
<1.10
>=1.01 and <=1.10
>2.0
>=2.54
or just simply 1.01
Lets look at the Lowest In Running Price field
using a working example and video.
In this example we want to find horses who fail to convert a Low In Running
price into a win, we will call this their Conversion Rate.
A good starting point when looking at a days
racing is to look at the conversion rates of runners on that day.
So we will look at horses who ran on a particular
day (in this case Thu 20th Oct 2011), which have
traded at 2.0 (evens) or under in the past.
To do this we will set the day to today, and
click Use HORSE Decs in the Date Tab in System Builder
and enter <=2.00 in the Lowest In Running Price on the In Running Tab in
System Builder, here are the screen shots of these two settings:-

We then run the system....This will return all
horses who running on this day and their past conversion rates at a In Running
Low price of 2.00 (evens) or less, presented by horse.
The best way to show you this is with a video...
Click here to watch the video of this and a more
in depth explanation of the results and how to filter them, drill down into
them, view the race etc
Use of the Second In Running Price Parameter
If you wish to use two ranges of In Running Low prices, such as >=1.20 and
<=1.30 and >=1.50 and <=2.00 then you would use the second In
Running Low Price parameter.
You would set the first In Running Low parameter to >=1.20 and <=1.30
and the second In Running Low parameter to >=1.50 and <=2.00
This would then return prices from within both of the two ranges set.
by Low IR Price % Lower than
BSP
You can analyse the Low In Running prices
by the percentage they are lower than the Betfair SP.
This can be used to find potential back to lay
horses.
You can set the In Running Low percentage to whatever you require and can use the
operators > >= < <= AND
Examples would be
>50 (this would return results only when the horses In Running Low price was
at 50% or lower than BSP)
>=75 and <=95
<20
Lets look at a video example of Low In Running
percentages.
In this video we will look at horses running on a
particular day and show their past record when they have traded at 50% or lower
than their Betfair SP In Running
Click
here to watch the video
Analysing Highest In Running
Prices
The second section of the In Running tab is for
analysing In Running High prices
You can analyse by price and by percentage higher
In Running.
by High IR Price
Analysing by High In Running price can be
used to find horses that often trade very high in running and win, or to find
courses that throw up high trading winners more often than they should.
You can set the In Running High price to whatever you require and can use the
operators > >= < <= AND
Examples would be
>100 (This would return results for horses who traded higher than 100 (99/1)
In Running)
>=250 and <=500
As an example lets look at horses who traded at
100.0 or more In Running at a particular course, in this case Aintree. We will
then go on to look at just the winners of these races.
We will also then show you how to look for horses running on a particular day
that have traded 100.0 or more in running when going on to win a race.
Click
here to watch the video
by High IR Price % Higher than
BSP
You can also analyse the In Running High
prices of horses by the percentage higher they went In Running in comparison to
Betfair SP.
You can use this in many ways, one angle would be
to find horses that often trade higher in running for trading, hold up horses,
or horses that often dwell or start slowly etc
In this video example we look at horse running on
a particular day and research their past winning records when they have traded
at least 100% higher in running compared to their Betfair SP.
That is twice the price, i.e. if they went off at a BSP of 14 then researching
at >=100% would find the times they have traded at 27.0 or above in running
and won.
There are some horses that very often trade
higher in running due to their running styles and it can be often worth leaving
a little IR at a bigger price on these types of horses.
Click
here to watch the video
Researching Lowest In Running
Prices
The third section of the In Running tab is for
researching Low In Running Prices, this is the most complex section.
Lets look at the In Running Tab screen shot again
Under the heading Research Lowest In Running
Prices we have four parameters
These are used to research what profit/loss
laying horses at a particular In Running Low price would return.
For instance, what is the returns to laying the
field at a particular In Running Low price? at a particular course? or distance?
etc etc
To show you how to use this area for research we
need an example, we have provided a pictorial example below and a video example
of the same further down.
Example of Researching Lowest In Running
Prices
We will look at Towcester Racecourse, mainly because the uphill finish can
produce some unexpected results.
First of all lets analyse all of the results at
Towcester if you have layed every horse in every race at 1.38 In Running.
To do this we set the In Running Low Price to
<=1.38 and the Research IR Low Odds to 1.38 and the course to Towcester
in the Course Tab.
Here is the screen shot of the In Running Tab set-up
and you can see that because we have used research odds this is highlighted in
yellow under the Betfair Price box.
This is a reminder that you are using a research price for this system because
the research price will override the Betfair price normally used.
And here is the screen shot of the course tab with
just the course Towcester chosen.
We now run the system and the following results
are returned
We can see that there was 548 horses that traded 1.38 or less in running and 390
of these went on to win the race.
What follows is the returns to laying all of
these 548 horses at 1.38 In Running.
The returns to laying each horse to a 1pt stake at 1.38 after 5% commission was
a profit of +4.71 points, which can be seen in the Lay P/L BF column
(NOTE: When laying 1pt at 1.38 you stand to lose only 0.38
of a point if the horse wins, while if it loses you win 1pt minus commission)
The returns to laying each horse to a liability
of 1pt loss at 1.38 after 5% commission was a profile of +12.40 points, which
can be seen in the LLS Lay P/L BF column
(NOTE: When laying to a liability of 1pt, you stand to
lose 1pt if the horse win, while if it loses you win 2.63pts minus commission,
calculated like this 1pt / (1.38-1) )
(NOTE: The commission on the
laying returns are calculated on a per market basis, since you are laying more
than one horse in a race, so losing bets counteract the overall commission)
We can see from this initial query that it would be
profitable to lay the field in all races at Towcester and make profit laying
them, but lets not stop there, lets break down the results by race type and see
if there is a particular sphere in which more or less profit is made.
So in the Presentation Tab we select by
Race Type and Run the System again, here is the screen shot of the results
We can see from the results that all the profit
is in NHF races, not that surprising given that the younger horses contest these
races and find it hard to stay up the hill.
So we now set in the Race Tab just NHF
races, like this
and now we have this information lets look at how
to use the Research Price Loop to look at various Low Research Prices In Running
in quick succession for the Towcester NHF races.
We can set a loop of prices on the In Running tab so that the system will run
through the Towcester NHF races and show the returns for each price point we set
In this case lets start at 1.01 up to 1.38 with a
increment of 0.01 price points each loop
Here is the screen shot of the Loop set-up ready
to run
We now click the RUN LOOP button and the system builder will run 38 systems, one
for each of the prices between 1.01 and 1.38 moving up in increments of 0.01
price points.
Each system will be listed in the recent reports
window with the research odds used in the description, here is a screen shot
after the Loop is complete
We can now click back into each report to see the
returns at each price point.
The following video shows the above full sequence
with commentary to give you a better understanding of how the Research Price
Loops work.
Click
here to watch the video
The above is just one example of how the In
Running Low Research Prices and the Research Loops can be used, with a little
imagination and all the various parameters in Proform it is easy to see how you
can find many many angles for laying the fields at In Running Low prices, here
are a couple ideas to get you started
- Find courses and distances where low trading horses
get beat.
- Research 1.01 prices or any other In Running Low price that get beat, by 1000's of parameters.
.