What percentage of racing do favourites win?

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Stefan Schiller asked a question: What percentage of racing do favourites win?
Asked By: Stefan Schiller
Date created: Wed, May 5, 2021 3:56 PM
Date updated: Sun, Jun 19, 2022 1:52 AM

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Top best answers to the question «What percentage of racing do favourites win»

When you go by stats, first or second favourites win 51% of their races while those who are not win 49%. Loss on turnover is around -14% in the first scenario while horses who are not first or second favourite return a loss on turnover of -22%.

FAQ

Those who are looking for an answer to the question «What percentage of racing do favourites win?» often ask the following questions:

🏁 What percentage of horse racing favourites win?

On average favorites win about 35% of horse races. But, that win percentage can fluctuate based on the distance, surface, class, etc. For example, favorites are more likely to win dirt races than turf races.

🏁 What percentage of favourites lose in greyhound racing?

  • In greyhound racing 70% of favourites lose therefore 30% must win. In most greyhound races there are only six runners. ONLY use this plan when there are six runners.

🏁 Racing how many second favourites win?

In the UK and IRE in 2015 there were 13,003 second favourite horses. Of these 2583 won for a strike rate of 19.86%. Not a bad starting point. The only problem is that they returned 8969 to SP and 9869 to Betfair SP.

9 other answers

On average favorites win about 35% of horse races. But, that win percentage can fluctuate based on the distance, surface, class, etc. For example, favorites are more likely to win dirt races than turf races.

Favorites Win 35% of the time. Favorites Place (run 1st or 2nd) 55% of the time. Favorites Show (run 1st, 2nd or 3rd) 69% of the time. Consider these numbers the next time you place a horse racing wager! If you are playing a trifecta wager, for example, where you have to pick the top 3 finishers in order, is it wise to just toss the favorite with no regard to the percentages?

Leading at a country race and being a favourite win 47.3% per cent of the time which is 1% per cent higher than provincial, and 3.6% higher than country races. The result further supports the theory that as a meeting type drops from “Provincial” to “Country,” the importance of leading increases.

While favourites may win only 30 out of every 100 races, they do run in the first three placegetters many more times. Recent figures show them figuring in the first three placings about in 60 out of 100 races. This is a clear indication that backing favourites for a place can be worthwhile.

164. 59. 36.0%. 292. 110. 37.7%. Coventry. 0. 0.

Second favourites won 128 races, third 106, fourth 70, fifth 65 and sixth favourites won 31. These are strike rates of 26 per cent, 19 per cent, 16 per cent, 11 per cent, 10 per cent and 5 per cent. Interestingly, favourites had an average dividend of $2.80 (about 7/4) but showed a dramatic 25 per cent loss on turnover.

Since the start of 2017 clear favourites have won over 34% of all turf flat races run in the United Kingdom. That also means they lost almost two-thirds of all races. If you had backed every favourite, you would have lost £316.77 to a £1 Level Stake.

Selections process for this horse racing system is very easy to do: if in your chosen race the favorite has odds of 3 at Betfair then you are allowed to place your stakes on the favorite and the second favorite in the betting. If in this horse racing system you placed say £10 on each one, your total outgoings are £20. If the favorite were to win you would receive back £20 in winnings and your £10 stake money as well, so a total of £30.

Even if unknowns about a horse do result on average in a lower winning percentage, if the market gives you a suitably longer price on those horses, they can in fact be more profitable to back. It is generally a mistake to declare the favourite a risk in the race because of uncertainty around different form factors.

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