Simon Rowlands: How to use sectional times for profitable betting

Timeform Debate RSS / / 16 April 2012 / 7 Comments

Free Bet
Improve your betting by using sectional times

Improve your betting by using sectional times

"A central tenet is that basic physics (and bioenergetics and so on) tells us that a horse which spends its energy in a non-optimal way will compromise the overall speed at which it gets from A to B."

Timeform's Head of Research and Development Simon Rowlands provides a primer for sectional-timing enthusiasts before moving on to consideration of the consequences of the Grand National...

This week sees the return of quality Flat racing in the UK, with trials for the 1000 and 2000 Guineas at Newmarket on Wednesday (Nell Gwyn Stakes) and Thursday (Craven Stakes) and at Newbury on Saturday (Greenham Stakes and DDF Fred Darling Stakes).

Although none of the trials will be measured with electronic sectionals, the Newmarket races will take place on the same Rowley Mile course which will see the return of such timing for the QIPCO Guineas Festival in May.

It may be possible to take sectionals by hand to an acceptable degree of accuracy there this week - it largely depends on camerawork - so this seems a good opportunity to run through a few of the principles relating to sectionals and how they can be used to a punter's benefit.

A central tenet is that basic physics (and bioenergetics and so on) tells us that a horse which spends its energy in a non-optimal way will compromise the overall speed at which it gets from A to B.

If the horse goes too fast, it will pay by slowing more later on than it gained by running quickly early; if it goes too slow, it will speed up later but not to a degree which would make up all of the lost ground.

That is not to say, of course, that a horse going quicker or slower than ideal will automatically lose. That depends on many factors, not least the other horses in the race. Those other horses may be running their races even less suitably.

But what we can be sure of is that a horse running its race in a significantly non-optimal way will record a time slower than it otherwise would (disregarding personalised factors like an aversion to being in front).

The crux of the issue, therefore, is "what is an optimal way of running a given race?" and "what adjustments should we make to the times and speeds of horses which have run in non-optimal ways?"

An evidence-based way to establish the former is to identify how horses run fast times. "Fast times" can be defined as times which closely reflect the horses' abilities.

I take all performances at a track in which a horse has run a time no more than 5 lb below its apparent ability. And I consider handicaps only, as horses are quite capable of running misleadingly "good" times in "bad" sectional ways simply through outclassing their rivals in other types of races.

Consideration needs to be given to how different circumstances can affect optimum figures. In particular, different speeds of surfaces can influence optimum sectionals.

For instance, fibresand and slower turf surfaces typically see horses "plodding" more at the end of a race (relative to their average race speed) than polytrack and faster turf surfaces.

Adjustment of individual times stems from the difference between the optimum speed and the actual speed. Squaring this difference not only gets rid of negative values but ensures that adjustments grow exponentially.

That is not only "how it should be" (as I understand it), it means that small differences in individual horses' sectional requirements are unlikely to translate into misleadingly big differences in assessments.

Sectional information can be expressed in a multitude of ways. I favour converting times to finishing speeds expressed as a % of average race speed thus:

(T*d*100)/(D*t), where "T" is overall race time, "t" is sectional time, "D" is overall race distance and "d" is sectional race distance.

So that, for instance, Hawk Wing's Guineas second in 2002 (time of 73.18 sec after 6f and 96.56 sec overall) converts into a final-2f finishing speed of (96.56*2*100)/(8*23.38) = 103.3%.

Our knowledge of sectionals at the track for the years in which TurfTrax provided a service there implies an optimum final-2f finishing speed % of 98.3 of overall race speed.
Hawk Wing was finishing fast in real terms - it was not just the others slowing - and his overall time deserved to be marked up.

The degree to which it should have been marked up is difficult to ascertain, but the evidence is that, if choosing appropriate sectionals (final 2f for races up to a mile, final 3f for races beyond a mile), the adjustment approximates to:

(1.25*(d/D))*((O-A)*(O-A)), where "O" is the optimum sectional finishing speed % (in this case 98.3), "A" is the actual sectional finishing speed (103.3) and "d"/"D" are as before (2 and 8).

(1.25*(2/8))*((98.3-103.3)*(98.3-103.3)) gives 7.8125, or an upgrading of Hawk Wing's time effort by 8 lb.

The clued-up punter may not only assess results more accurately as a result, they can, in theory at least, react to events in-running as they happen with greater confidence than before.

If you can calculate that, for instance, Hawk Wing has the ability to run a mile under prevailing conditions in 100 sec flat, then a 98.3% last-2f finishing speed implies a last 2f of 25.43 sec and a first 6f of 74.57 sec.

If Hawk Wing were to reach the 2f-pole in 73.5 sec you might construe that he has gone too fast (or that your calculations are wrong!). If he reached it in 75.5 sec you might think that he had gone too slowly.

That knowledge, combined with information about the horse's position compared to others in the field and consideration of the in-play odds on offer, has great potential value.

If you have any questions or observations, please feel free to post below.

.....
A quick note on the Grand National, which was shrouded in controversy again after another two equine deaths at the weekend.

It strikes me that much of what I wrote 12 months ago - click HERE to read- remains pertinent, and I find that very fact depressing.

Many within racing still fail to see that a desire to ameliorate conditions in a race in which non-completion and fatality rates are many times the norm need not be inconsistent with wider backing for the sport.

They also fail to comprehend the effects of dishonestly stating before a race that "every effort has been made to ensure safety" and then after it that they will "look into other ways of making the race safer".

The BHA s eventual response to last year's Grand National was inadequate, in my view, and amounted to little more than window-dressing.

They would have been better off conceding more ground, notably on field size: an issue which belatedly seems remarkably popular.

More decisive and honest action might, or might not, have prevented one or both of the deaths at the weekend - we simply cannot know - but it would certainly have made it look as if racing's authorities were genuine in their stated desire to improve matters.

Read More Horse Racing

Craven Meeting Preview: 10 good things to combat 2 bad things

Look up and not down, look forward and not back. That's part of the advice from Timeform Chief Correspondent Jamie Lynch as he skirts over last weekend to focus on the excitement to come at Newmarket this week......

Handicappers' Corner: Not a grey day for Neptune

The fallout from Saturday's Grand National centred on another dark day for racing's image to once-a-year punters, plus a decisive blow by Paul Nicholls in the battle for the trainers' championship, yet not enough column inches have been devoted to the winning performance put up by Neptune Collonges argues Timeform jumps handicapper Phil Turner.......

Weekend Review: Neptune Collonges triumphs in Grand National

Timeform look back at Grand National weekend, where Neptune Collonges triumphed in a thrilling finish over Sunnyhillboy in the big race. Trainer Nicky Henderson was also in fine form at Aintree, and there was some high-quality Irish racing on Sunday......

Comments (7)

  1. Chris | 16 April 2012

    Hi Simon, a very interesting piece that has got me thinking it may be good to have a go at them on Wednesday but I do have a few questions....

    a) Roughly how long does it take to complete sectional times for a race?

    b)What is the value in doing sectional times for just the leader of the race at given points?

    I have a few other questions too but that's a start.

    Thanks

    Chris

  2. Chris | 16 April 2012

    Hi Simon, a really interesting article that has made me want to have a go at doing some sectionals on Wednesday as an experiment, but if I wanted to do them daily how much time would it take to do the sectionals for a race?

    Also, is there value in doing sectionals just for the leader at each marker point and if so how do you use this in post race analysis?

  3. Paul Duffy | 16 April 2012

    Superb blog and well worth the read. Fascinating concepts and presented in a clear cogent fashion. The interpretation of these numbers, again, is insightful

  4. Simon Rowlands | 17 April 2012

    Come again, Chris!

    Firstly, I wouldn't get your hopes up too much for Newmarket on Wednesday. Hand-taken sectionals depend on getting the leader/runners passing a fixed point (furlong-marker, path or similar) with repeatable accuracy.

    They are usually easier on round tracks - at which you get to see the runners side on - than on straight ones. At least Newmarket sectionals will be electronic come the Guineas Meeting.

    Assuming circumstances mean you can take reasonably accurate sectionals, taking them for the leader only can shed a good deal of light on the pace of a race while taking perhaps just 10 to 15 minutes a meeting.

    Take the time for the leader at the sectional (2f out or 3f out on the Flat) and the leader (i.e. the winner) at the line, then calculate as above.

    Timeform has taken these closing sectionals for Flat and jump racing for quite some time now, as it is a simple way of helping with interpretation of a race.

    For instance, the last-3f speeds at Dundalk on Friday were: 98.1%; 117.4%; 109.8%; 111.1%; 113.0%; 102.6%; and 101.7%. There were, in other words, four falsely-run races bookended by three that were not.

    Incidentally, the sectional performance of Ernest Hemingway had sectionalists purring with delight: I did consider deferring the above blog and just writing about that one horse this week!

    If you want to take things a step further and calculate times for individual runners in races it will take quite a bit longer - maybe 10 to 15 minutes per race - and is again subject to coverage.

    What you would need to do is take the time for the leader again but also the margins back at the sectional juncture and engineer individual times from this information and from the result (given that all finishing margins are crude conversions of time lapses).

    This is a spreadsheet job, and I can go into this in more detail if there is the call for it.

    Many thanks for your interest.

    Simon

  5. Simon Rowlands | 17 April 2012

    Many thanks for the kind words, Paul. Such feedback means a lot to me.

    Simon

  6. Gary Clarke | 17 April 2012

    What do the numbers and all the brackets mean?

  7. Simon Rowlands | 17 April 2012

    Hi Gary.

    First, I'd say that sectionals may not be for people who are uninterested in number-crunching.

    But, if they are, then the formulas above define the steps that should be taken. The are expressed in Excel style, with an asterisk (*) signifying that the adjacent values need to be multiplied and a dividing line (/) signifying that the values above the line need to be divided by those below it.

    Brackets indicate that all calculations within those brackets should be completed before moving on to the rest of the equation.

    Therefore, the equation (T*d*100)/(D*t) shows that: overall time should be multiplied by the sectional distance and by 100. The resulting value should then be divided by the overall distance multiplied by the sectional time.

    The 1.25 number in the second equation is a constant which best fits (according to my research) the equation if the recommended sectional distances are adopted.

    Hoping this helps.

    Simon

Post a comment

Free £20 Bet + Up to £1,000 Cashback

Join Today
How to claim your £20 Free Bet + £1,000 Cashback offer
  1. Open your account (3 mins)
  2. Make a deposit into your account and place a bet on your selection (minimum £20)
  3. Should your selection lose we'll refund your bet + get cashback on your betting for your first 30 days up to £1,000
  4.   £20 Free Bet + £1,000 Cashback, Join Today

Writers' Tips

Follow our daily tipsters

  • Check back later for more tips

© Betfair 2007–12 | Contact Betting.Betfair team on: haveyoursay@betfair.com

Proud to back    

Betfair UK | Australia | Online sázení | Betfair Danmark | Wetten | στοιχήματα | Apuestas | Fogadas | Ireland | Scommesse | Norge | Онлайн ставки | Kladjenje | Vedonlyönti | Apostas | Zakłady | Vadhållning | 网上投注 | Betfair Corporate | Betting Education