First horse racing betting system I ever bought
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
posted by Sam @ 02:13
3 Comments:
Sam
The 'Additional Suggestions' listed are actually additions made by Clive Holt to the original method and were published in the subsequent book 'Winners Back Winners'. The betting forecast and ratings points were added and the ratings were named the 'Fineform Master Formula'. In addition if a horse had run once in the current season, then the points for that run were doubled. A Fineform Maximum selection had 20 points as oppsoed to the original 13. The effect of these extra factors increases the win percentage, but at the expense of some of the fancy priced winners.
Since the introduction of the formula, All-Weather racing and summer jump racing have been introduced. This meant that come January 1 for All Weather and the day after Sandown Gold Cup form becomes last season's even though it may be recent form. This is a drawback and not a problem that Holt would originally have envisaged. The betting forecast and rating rules do at least provide some 'protection' for the ratings at these points of the year.
I bought a few books written by the late Clive Holt and found them useful. Those that criticise the simplicity of the original formula rather miss the point. Holt never claimed the formula to be a panacea, but the text and case study within 'Be A Successful Punter' were very informative.
Rob
oh that cool admin| here is the site https://racingbetting.net.au from where you can use the formula of betting
Clive Holt's Fineform Master Formula is a method I have used successfully for many years.It's a very logical approach but as with any ratings formula it can't be expected to produce profits without some filters, basic checks re going and distance and taking into account the price. Some years ago I discovered that the vast majority of races are won by a horse that is either one of the first three in the betting forecast or one of the top three rated. Therefore I mark off the top three rated and the first three in the betting as per the system but concentrate on those rated 14 or over. As the form figures on their own come up to a maximum of 13 points it ensures that the horse is either one of the top three in the betting or the form ratings. The higher the rating the higher the percentage of winners. In respect of prices I use a simple method for the minimum odds. Up to 4 runners I will accept even money, 5-9 runners 2/1; 10-15 runners 3/1 and 16 or more 4/1. I then go to the Racing Post site and check that the horse is suited by the going and distance. If that is okay and the price is right it's a bet, but if the odds are below the minimal acceptable odds then it's no bet. In that instance I may consider the 2nd top rated provided it's rated 14 or over. In terms of the acceptable price for the 2nd top rated I add half a point to the price for each point it is below the top rated. Personally I concentrate on the principal meeting and the three most valuable races at the venue. I back a maximum of three horses in any one day and the ratings do work particularly well at the major meetings such as Royal Ascot, Cheltenham etc.
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