You can see that whilst the real Forecast Price (FC) in the Racing Post was 25/1 for this horse, taking our chosen criteria, ranking these and creating our own Betting Tissue and 'value' tissue odds, we rated the horse at 5.08, or just bigger than a 4/1 chance. Quite a big difference I am sure you will agree!
Lets be honest, if we just looked at these simple form factors ourselves we would all probably come up with the same favourite or first three or four favourites in most races. But by just taking the odds that are on offer, whatever they are, gives us no betting edge whatsoever and just means we will continue to back horses at 'bad' or 'wrong' odds that are not in our favour and we will continue to lose. Getting value odds on your bets and knowing the real chance a horse has of winning is the key to long term profit and is why many Pro Gamblers price up races for themselves using different methods to the Bookmakers. By taking more information about each runner into account and calculating more accurate odds, they can compare their own prices to those on offer and then only back bet new bookmaker offers uk horses which they feel are overpriced. Backing every horse at 3/1 when it's really a 6/1 or 7/1 shot will leave you broke.
However backing a horse at 6/1, 7/1 or bigger when it really should be a 3/1 shot, will guarantee you long term profits. Take a horse that has recent form figures of 121, trained by John Gosden. That horse is priced up as the 2/1 favourite in a half decent handicap race and of course it will have a good chance of winning. However, the horse is now running over a distance he has never won at and at a course where he has run four times at before without coming close. In the same race there is a horse that has form figures of 49978 that hasn't come within ten lengths of the winner in it's last five races. By multiplying this 5.08 by the 1.5 means that the minimum, value betting price we wanted for this horse was 7.63.
| Platform | iOS Rating | Android Rating | Live Streaming | One-Tap Bet |
|---|---|---|---|---|
| Bet365 App | 4.8 | 4.5 | Yes | Yes |
| DraftKings App | 4.7 | 4.6 | Limited | Yes |
| FanDuel App | 4.7 | 4.5 | No | Yes |
Not only was the actual price much bigger, giving us massive value bet on this particular runner, it was the only horse in the race that started at higher than the MinBSP figure.
So how did we get such value bet on the rank outsider in a six runner race?
It is trained by someone you have never heard of, ridden by a jockey you have never heard of and is priced up at 10/1. What you don't know is that this unknown trainer has had a 30% strike rate of winners from his small yard in the last 14 days, the horse is now running back at his favourite distance where he has won three times out of six and the apprentice jockey has already ridden three winners this week. Now this does not mean that the second horse should be the favourite or that it will win and beat the John Gosden runner, but by knowing more about each horse you can get a better idea of the actual chance it has. What you still can't do from knowing this information though, are the true value odds of these horses and what the minimum price should be before you back either one of them. So how can you work out more accurate odds than the Bookmakers provide us with?
The way to do this is by giving different points of value to each piece of form that you think are most important and then rank each horse by the totals to give a percentage chance. By comparing this percentage chance to all of the other runners in the race you will be able get the odds that each horse should really be. Now this is very doable, but it's not an easy task to rate and price up each horses that is running every day and it would literally take hours of your time to calculate all of these figures and odds. This is where the Inform Racing bet best betting app for all sports Betting Tissue Tool comes in. Simplfy the whole operation with just a few clicks. Most punters would just look at the basic form of each horse before the race - if they even bothered to do that - and if they did that for the
winner Tyrsal they would have seen very average form figures of 45846 and that the closest the horse had come to the winner in any of these races was four lengths.
The handicap mark of 46 was the same as it was for the previous three races so there was no big drop in handicap mark either.
So as there were six runners, the horse with the highest Master rating gets 6 points. In this race there were two joint top rated horses, so they both got 6 rank points for the Master rating, the next gets 5, then 4, down to the lowest ranked of all. This is worked out for each Rating or Form criteria chosen and you can select as many or as few as you like. On the settings you can see I have chosen to Multiply the Rank points, so for Cold Harbour you have 6 x 5 x 6 = 180 and you do this for all runners, then add these up to get the RankTotalRace figure of 366. From here you work out the Rank% for each horse against the total for the race, so the Cold Harbour rank total of 180 is 49.2% of 366 and that gives us a Decimal Tissue price of 2.03, or just over Evens.
When you have your Tissue price you want to increase this or multiply this to ensure that you are betting at bigger prices to gain your 'value bets' every time. I have chosen to multiply the Tissue price by 1.5 as you will see on the settings. So the Tissue price of 2.03 X 1.5 = 3.05 and that is now the minimum Decimal price, or price on the betting exchanges that you will want to achieve before placing a bet. All minimum prices you want for each horse are bet uk betting sites casino shown in green in the MinBSP column. Now look at the finishing positions and the BSP of each runner on the right and you will see that Tyrsal won at a handsome BSP of 25.71. Then whilst the trainer Phil McAtee would be respected on the All Weather, the jockey Gavin Ashton was a fairly unknown seven pound claimer with only a handful of wins under his belt.Seemingly fair enough to be forecast at 25/1 you would think?How the betting tissue tool and the
Adding up the ranking positions here would give a different set of odds with Horse A being around 2/1 and Horse B being around 11/4. You can play around with the settings yourself and a lot will depend on the ratings and form criteria that you select. Ideally you want to get a sensible looking betting forecast like we have above, but you can change the settings to add or multiply, either rank position or rating figures on the fly and just re run the tissue builder, without having to reload all of your data. When the race is about to start, you may find that Horse B is being offered at 7/1, while you have calculated it should be around 2/1, albeit from this very simple example. This means that all things being equal, once you have settled on your choice of ratings and/or form, you are getting that all important 'value price'', getting 7/1 about a 2/1 shot.
Equally you could find that Horse C is being offered at 2/1 and you may want to lay this horse because you think it has little chance as you have priced it up at 11/1. Just using the winners for each Trainer is probably too simple a set of criteria to use but hopefully you can see what we are trying to achieve and how it is possible to create your very own betting forecasts to work from. As you can imagine, doing this manually would be very, very time consuming, so a lot of people mostly don't bother and miss out on some very big, value priced winners. However, the Inform Racing Betting Tissue Tool allows you to choose from over 50 form and speed rating categories giving hundreds of combinations of calculations and settings and it will create your own betting tissues for every race on the day in just seconds. When Bookmakers price up most races, they often only take into account the recent form figures and the popularity of the trainer and jockey, as they know this is what the majority of punters will expect them to do. data that we chose calculated some very different and perhaps far more accurate odds.As you can see from the race image above, using just the three simple categories of Master rating, previous winning prize money and the recent trainer form, Tyrsal had the second highest total ranking number of 72.
This meant that compared to the rank total for the race of 366, we calculated that the horse really had a close to 20% of winning and should have been forecast at nearer 4/1 than 25/1.
The betting tissue tool will allow you to choose just the form, and/or speed ratings data, that you think are the most important to use, take all of this resulting data and then rank all runners in order for each race. It will then calculate the correct odds that each runner should be, as well as giving you the minimum price that you should accept on each runner before placing a bet. This is all done for every horse running on the day, in every race, in a matter of seconds. You can also run your settings against past results to see how your ratings and odds have worked on previous races and tweak these as many times as you like to help find the perfect set of rules and criteria. You cannot calculate an accurate betting tissue manually for every race that you are interested in, without using the Inform Racing betting tissue tool.
Below you can see two images showing the very simple settings I have chosen and then a race at Southwell where the settings have been applied. You can read about all of the settings on this link here but for this example I have selected the 'Ratings and Form' criteria very simply as: Master - This is the Inform Racing Master speed rating and is the best speed rating achieved in the past 12 months.PrizeMoney - Total winning prize money for each horse in pounds.Trainer Win% Last14Days - Percentage of winners each trainer has had in the last 14 days. You can see all of the resulting data for each category in blue. So for horse No.1 Cold Harbour the Master Rating was 82, the total winning prize money was £15,526 and the Trainer Win% was 26.1. All of these figures are then ranked in order, shown in red, depending on the number of runners in the race and in this example I am using the Rank Positions to create the total number as we have three rating and form categories.