A jockey is obviously one key ingredient in the never-ending quest to find winners in horse racing.
Im always on the look-out for trends, stats and angles when it comes to jockeys and I thought it might be useful
to jot down a few ramblings alongside some examples for HorseRaceBase members using the tools here. One very important
thing to remember - in all forms of research you will inevitably find more non-starters than you will opportunities,
patience is of the virtue!
Although there are millions of possible jockey systems we are obviously only really interested
in those standing out with potential profitability (either from a backing or laying perspective). What I believe
is important in our attempts to find these angles is to bracket our research into three buckets -
Individual Performance Factors - Systems specific to one named jockey
Quite often, our query may originate simply when watching a race or hearing a piece of horse racing
news or gossip - in any of these cases the best way to begin is to
navigate to the jockeys record. Once viewing, you will see any rides today and some recent
stats - as we aim to delve deeper press the yellow Profiler button, which takes us to a breakdown of jockey performance in 8
different tests (Track, Going, Distance, Age, Race Quality, Odds Range, Favourites and Trainer).
There are a couple of things to be weary of initially. First ensure a reasonable sample size (strike
rate figures are a lot less meaningful when there have only been a handful of similar rides) and second look for consistency
(if the profit figure is really high yet the strike rate low, it may well mean a long-shot is distorting the picture).
If you are on to something take a note of it for the next step! In the example I am looking at (Greg Fairley) it
bounces off the page how profitable he is riding for Mark Johnston.
As I do want to check this out more thoroughly, I press the 'Run Query' button taking me to the
System Builder with my jockey details already set. I know I want to add in Mark Johnston and therefore use Quickset
Trainers (remember if you know the criteria, Quickset is much much quicker) and add him in.
The massive capabalities of the System Builder provide so many options but with a system of such
a simple nature, I normally run two or three spot checks dependent on its type. As this is a trainer/jockey system
I'd want to know if the stats are heavily impacted by a few different things (to breakdown use Fullset, eg. to see how
the Fairley/Johnston partnership performs by track I'd use Fullset track).
I always check Fullset Dates first though as consistency and recent performance are key to my own judgement -
ultimately this system criteria has had its day (in my opinion) and any advantage it did have has now been realised
and caught up with (7 of the last 9 months have resulted in loss), had you spotted it a few months into their
partnership you would have been quids in - but that is life.
So for me this one is scored off the list and its time to look elsewhere!
Combined Performance Factors - Systems open to several named jockeys
With combined named jockey systems you have to be careful, often stats can be wildly misleading
if you manipulate figures to suit your own wants. For example a common approach for beginners is to go into the
System Builder and break something down by Fullset Jockey and then select all the profitable jockeys.
This is a mistake in my opinion as its far too random.
Another thing to be weary of is monitoring progress of the system - if there are so many parts
(jockeys in this case) then you may not be optimised fully as time moves on and its harder to spot which particular
element of the system is failing. One other thing to be very careful of is the criteria you use. Imagine you wanted to follow
jockeyA over 5f races and jockeyB over 6f - this requires two separate systems, if you save it in one then your criteria
will be jockeyA or jockeyB over 5-6f.
If you can get past the problems though there are good combined jockey systems out there and they are
really easy to build. Lets have a look at how to build one effectively. So, off the top of my head - I watched racing
at Leopardstown yesterday and it struck me in Ireland the same jockeys always seem to come good but some are really
underrated despite their consistency (Fran Berry), particularly when they are on horses who are in a
price range up to say 6/1. Therefore my initial criteria is Location - Ireland, Odds - Between Evens and 6/1 (I dont like
odds on shot). Then I use Fullset and break down by jockey.
On looking at the stats my decision of the logical system rules are - I will include all
jockeys with strike rate above 24% excluding the big jockeys I consider non-profitable due to public perception
(this is a common rule for me and includes the likes of Spencer, McCoy & Walsh). Its important to note that a couple of those
I am including have overall loss figures. I end up with 9 jockeys. I immediately run the system and the stats are good.
The timeline tells me its made a very handsome profit each year except 2003 (which Im happy to accept as many of the
jockeys would only have been picking up spare rides back then and would have been inexperienced).
Grouped Categorisation - Systems focusing on unnamed jockeys in preset statistical bracket
When you deal with a specific statistical bracket, it means your system is going to throw up
jockeys who are performing to a certain level at any given time, this means on one day you might get the rides
of Tony McCoy and on the next you wont. Again its always best to start out with a rough idea and then build as you go.
For this test Im wondering to myself if a jockey who has a recent high strike rate is actually more profitable on favourites
than one with a low recent strike rate?
To check I need to set my starting criteria, which is in this case simply select favourites.
Then I break down by using Fullset. When I do this, I instantly spot a flaw - the stats for 100% jockeys are rubbish and
as I am pretty sure they shouldnt be I need to think why. Its fairly obvious it is cause I am including all jockeys
and I need to take out the ones who only had 1 or 2 rides during that period.
So now my criteria is Favourites with jockeys who had over 10 rides in the past 14 days and again
I am using Fullset to show strike rate of jockeys in the past 14 days. The fifth column is the strike rate of the system
and it does appear to raise higher as the strike rate of the jockey grows (first column). My decision is to investigate this
a bit further, but Im going to start again and include new criteria about 40% or higher strike rate and remove the
favourites definition.
My new criteria is therefore jockeys who have had more than 10 rides in last 14 days and a
strike rate of 40% or higher during this period. I break this down by a few different things and have decided its
maybe the wrong approach and its likely their price may actually be shortened as it will be common knowledge they are
currently in a purple patch. So a new idea has sprung to mind - what about jockeys who have the ability (which can be
measured using the 2 years strike rate and runners ranges) but are currently in a slump (poor recent figures)?
So off I go to check this out. The point of all this is its easy to check these things and doesnt take
long and as each idea springs into your mind, write it down and in time you will definitely find angles.
Nobody ever said this would be easy, but if you have the tools available and the patience and desire
to keep digging you will find systems that are profitable now and well worth following. Jockeys are only one of the many
approaches you can take and within the overall bracket of jockeys there are plenty of subcategories to tweak, test and
manipulate to give you the upper hand.