Horse Racing Betting: July 2008

The very first horse racing betting system that I ever bought was about 40 years ago. It came in a 16 page booklet with a red cover and cost the the princely sum of £25. It was the Fineform Racing Formula sold by a gentleman called Clive Holt.

The formula was very fast at finding horses that had a good chance of winning. In fact it took less than 10 minutes to check all the day's racing cards. It was also very simple to use, unambiguous in its operation, could be used for both Flat and National Hunt racing (and now All Weather as well) and needed no expensive racing papers.

The Fineform formula:

Points are awarded for each of the runner's in a race based on its previous two races in the current season only.

A horse that was 1st is given 5 points
A horse that was 2nd is given 3 points
A horse that was 3rd is given 2 points
A horse that was 4th is given 1 point

Any horse that was disqualified from 1st place is given 5 points as if it had not been disqualified

Any horse that has only run once during the current season is assumed to have finished in its second race in the same position that it did in its first race.

Next, is determined if a horse is a Course and / or Distance winner

A horse that is both a Course and a Distance winner (not necessarily in the same race) is given 3 points
A horse that is just a Distance winner is given 2 points
A horse that is just a Course winner is given 1 point

Therefore, the maximum number of points that a horse can be given is 13.

The horse that has the highest total number of points in a particular race is the formula's selection for that race.

If two or more horses tie with the similar number of highest points then it was suggested that an additional point was awarded to any of the horses that was a Distance winner. If there was still a tie then a way had to be found of eliminating one of the horses.

That was the system in its entirety.

Additional suggestions

Various people have made suggestions for 'improving' the system.
One suggestion is to award an additional three points to the first three horses in the betting forecast.
Another suggestion is to award an additional 4 points to the three horses with the highest rated Form.

Ways you can use the formula

Back the horses each day that were awarded the maximum number of 13 points
Back the horse that was given the highest points in each race.
Use the horses that gained the highest and second highest points in a race in a Forecast bet
Use the formula to select between horses found using some other method

As you can see, the formula is fast and simple in operation. And should you decide to see if it could work for you, I wish you, 'Good fortune'.

Labels: horse racing betting