The Melbourne Cup is Australia’s most famous Thoroughbred annual horse race. 3200 meters race for children aged 3 and over, run by Victoria Racing Club at Flemington Racecourse in Melbourne, Victoria as part of the Melbourne Spring Racing Carnival.
We’re going to explain how the British Horseracing Authority (BHA) assigns horse racing ratings – the criteria they employ to ensure fair and competitive combat in horse races – in this guide.
A Brief Overview – What Is Handicapping?
In a nutshell, handicapping is the process by which the fastest horses in a race are forced to run with more weights, slowing them down and creating a more competitive race.
The additional weight they receive is determined by their BHA rating, which changes weekly based on performance.
The assigned weight has an effect on the rating of the other horses as well. A horse rated 130 will carry ten pounds more weight than a horse rated 120.
How Are Horse Racing Ratings Calculated?
Before a horse can be rated, it must compete in a few races to demonstrate its speed to the judges.
After one of the following occurs, an official rating will be assigned:
- It is victorious in a race.
- It does not win three races, but it does finish in the top six in at least one of them.
- If the horse fails to comply with any of these requirements, it must continue racing until it does.
However, if it occurs, flat racehorses will receive a rating between 0-140, while jump racehorses will receive a rating between 0-170.
Weekly ratings are then re-evaluated and may be increased or lowered based on performance. In general, if a horse performs well and wins races, its handicap increases.
On the other hand, if the team performs poorly, the handicap will decrease.
It’s worth noting that the Racing Post also compiles its own ratings using its own formula, which is often higher than the official figures. Bettors also prefer to monitor these ratings – to see if they can gain an edge on any wagers they may place.
The Formula for Calculating Horse Racing Ratings
There are a variety of horse racing rating systems, including the Racing Post Ratings, which appear on race cards and indicate how powerful a horse is anticipated to be in the next race in which it is entered.
It’s critical to keep in mind that this is a rating and does not always reflect a horse’s actual chances of winning a race. Along with the Racing Post ratings, punters should examine a variety of other variables when picking which horse to back.
The ground is always worth monitoring, as it is possible that a horse has earned a Racing Post rating based on racing on a certain type of footing, such as soft, and that when the going is good, the horse does not perform as the rating suggests.
Additionally, you should note that a horse may have previously run over a specific distance or even over hurdles before connections opted to send their runner chasing. This information is easily accessible, and you should strive to obtain a complete picture before placing any wagers.
Racing Post Ratings are calculated by Racing Post specialists who take official ratings and attempt to convert them into a rating that takes into account all of the following elements.
Horse Racing Ratings: Conclusion
There is no such thing as a mystical number that guarantees the accuracy of your racing forecasts… Racing is just too complicated for that, and the conditions in which a horse finds himself between race starts can be quite different.
However, ratings are an extremely important tool for assisting in the efficient and consistent appraisal of races. When combined with your own flexibility and judgment, they can provide a significant competitive advantage in spotting horses that are either undervalued (to back) or overvalued by the betting market (to lay.)
Following that, it’s entirely up to the horses and jockeys and, of course, some good fortune!