91. two horse per race method
TRANSCRIPT
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Two Horse Per Race Method
Nick Mordin is a name that will be familiar to most of us who are interested in
systems and betting, and he is someone for whom I have a great regard. His
approach, though, is highly individual. Roughly speaking, he advocates takinga view that goes against the crowd as being the best way to obtain value in
betting. In the ancient two-runner Aesop Fable Listed Stakes, he would have
been, I'm sure, the only punter there to back the tortoise against the hare! And
at good odds too, while I would have lumped onto the odds-on favourite.
Therein lies the problem - it is easy to get carried away by the known form of
the hare, while that of the tortoise is clearly far less attractive. So what Mordin
would suggest is a kind of lateral thinking; not going for the obvious, but
looking for a profitable angle that might not be apparent to one and all.
I once wrote a little verse that sums this up. I do claim responsibility for the
verse, though not for the idea behind it. Here goes:
"A cannibal and his young son were out in the jungle one day,
When there in a clearing before them, a gorgeous young nude lady lay.
Said the son, 'Come on, Father, let's grab
her. Take her home and we all shall be fed.'
Said the father, 'Yes, son, we'll take her. But
we'll eat your mother instead!" See what I
mean? Profitable lateral thinking.
But to return to racing. A basic rule that I've
seen laid down in countless systems is -
avoid like the plague all races confined to
apprentices only, amateurs only, or lady
riders only. The thinking behind it is obvious, too obvious. Thinking laterally,
one may come up with an idea that could turn out to be profitable because of
the value available by going against the masses. So, instead, we look very
carefully at such races for the following good reason. Within the ranks of
apprentices, amateurs, and lady riders there is an extremely wide range of
ability, particularly perhaps, in the amateurs and ladies. To put it bluntly, there
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are a few very good riders among them, and the majority are well below that
standard. Therefore, if we see a second or third favourite ridden by one of the
few good riders and the favourite has one of the rest on board, then we have
a real value bet. You can readily work out for yourself the few riders to be
followed and the others to be avoided.
Our little joke today concerns two ageing jockey friends who wouldn't fit into
any of the foregoing categories. These were retired old pros, Billy and Sam,
who were inclined after a drink or three to have discussions of a distinctly
philosophical nature. In particular, they liked to consider the possibility of a life
hereafter, and whether in that heavenly after-life there would exist horse
racing, as known to them and enjoyed by them here on earth. They sincerely
and fervently hoped there would.
Sadly, Billy died of a heart attack, leaving his friend Sam grieving and alone.
Then, one night in bed, Sam was wakened by a strange sound and a ghostly
light at the foot of his bed. Slowly, the light took the shape of his old friend
Billy, and the sound became Billy's voice talking excitedly. "Sam, there is a
heaven and I've gone there. And there's racing there too. Oh, Sam, and what
racing it is! The going is always perfect and every horse is a real
thoroughbred that runs straight and true to form in every race. There's no
Stewards' Enquiries, no bans or suspensions and every jockey is guaranteed
a big win every week or so."
"That's fantastic, wonderful,
magnificent!" shouted Sam.
"There's just one snag, though," said
Billy sombrely. "You're booked for a ride
next Saturday."
The system this time is in two parts. The
first part gives us two horses per race,
and in part two this is narrowed down to occasional single selections. The
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originator suggests using the betting forecast of the Daily Mirror or Daily Mail.
I would strongly advocate that of the Racing Post instead. Having dug it out of
my files recently, I decided to give it a trial in present-day conditions. In the
short spell that I checked it, I was pleasantly surprised by the results. I hope
that you will be too.
Two Per Race Method
1. Note the first three horses named in the betting forecast.
2. Delete the one with the worst form figure last time out - current season's
form.
3. Horses which have not run during the current season are counted as being
unplaced last time out - except4. Those making their racecourse debut in a race in which at least 4 horses
have run before (current or previous season). These are counted as having
won last time out. Otherwise, these debutants are counted as having been
unplaced.
5. Where two horses have the same form figure, delete the one quoted at the
longest odds. E.g. 3rd in the forecast that won last time out, with both 1st and
2nd in the forecast that were unplaced last time, the second quoted would be
deleted.
6. Where all three have the same placing, then the 3rd quoted is deleted.
7. Whilst forecast prices may vary according to the paper used, there is
usually a large measure of agreement on the names of the first three, which is
the basis of this idea. So you should safely be able to use your usual daily.
Even when there are several meetings, a minute will usually suffice to name
the horses selected. However, to avoid any possibility of confusion, any
advertised results will be based upon the Daily Mirror, or if the Mirror is not
published, the Daily Mail.
This essentially simple idea combines three basic statistics. Firstly, around
75% of all winners come from the first three in the betting forecast. Secondly,
1st placings last time out produce more winners than 2nds, which in turn
produce more than 3rds, with 4ths remaining a poor fourth. Thirdly, horses
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making their racecourse debut and quoted in the first three in the betting
forecast in a race in which at least four horses have run before produce a
steady stream of winners under both codes. Sometimes they drift from their
forecast price and start at longish odds. The other day, one quoted 2nd in the
betting at 100/30 won at 16/1.Whilst day-to-day results will vary, unless many years' statistics become
meaningless, the idea will produce a large number of winners. However, the
best chance of profitability is to be selective. A good idea would be to confine
bets to those races in which at least one of the two qualifiers won, or counted
as won, last time out. On the basis of previous returns this should
approximately halve the number of bets, but retain a high percentage of the
winners.
Occasional One Horse Bets
In those Non-Handicaps only where one only of the two horses indicated by
the original rules won or counted as won last time out, and is quoted in the
betting forecast at 3/1 or more, this horse is considered a one horse bet.
The statistics mentioned previously show that, of all the form figures, winners
last time out have the highest success rate. The figure is improved if taking
Non-Handicaps only. Races in which only one of the two original qualifiers
won or counted as won last time out should both further enhance the rate and
considerably reduce the number of bets. The minimum forecast requirement
will also considerably reduce the number of bets, as in most cases where
there is only one qualifier, it will be quoted at less than 3/1. The forecast
stipulation also ensures that a relatively small percentage of winners are
required to produce a profit.
Some days there will not be a bet, on others usually one or two. Level stakes
is suggested at all times. As with the original method, the Mirror, if absent the
Mail, will be used to determine bets.