News & Community Articles

3-year-old handicappers - a pathway to profit?

Published

Betting on horse racing handicaps can be a minefield, but what if there were some patterns and trends that could help give us an extra edge over the bookies?

3-Year-Old Handicappers Against Older Horses

A Statistical Review

In the first half of any race year, 3-year-olds largely race against others of the same age. But, as Spring turns to Summer, mixed age races increasingly become the norm.

Looking at UK handicaps since the start of 2016, there have only been 282 instances of a 3 year-old taking on older horses in January to April (inclusive) in such races, but this quickly bounces up to 4,571 for July in this time period.

As August begins and with this a common situation at this time of year, it must be useful to know whether this is a positive or negative when we attempt to assess a racecard.

Weight-for-age allowance

To attempt to make for a fair integration, the younger horses are given a weight allowance. There are two factors involved here - the time of year and the race distance. At the beginning of the year, 3-year-olds are given a bigger allowance that decreases gradually as the year goes on. Similarly, the further the distance, the bigger the weight allowance.

To illustrate, a 3-year-old in a mixed age handicap at the start of April will receive a 21 pounds concession if running a mile and a half, but only 11 pounds if asked to contest a 5-furlong sprint. By the end of September this helping hand will be down to a solitary pound for the sprinter and 7 pounds for the middle-distance runner.

Is this a positive or a negative?

Of course, the handicapper isn’t reducing the weight carried by 3-year-olds out of the goodness of his or her heart, but to make for competitive contests. In order to work out whether or not the 3 year-olds or older horses are helped enough or too little by the weight allowance, race distances are broken down into three groups: 5 to 7 furlongs, a mile to a mile and a half and, finally, races further than a mile and a half. The strike-rate is then compiled into percentages for each month in the second half of the year, firstly for 3-year-olds, then for older horses.

Again, we're looking at handicaps open to all aged 3 or older in the UK from 2016 onwards for these figures.

Strike-rate percentage for 3-year-olds (race distances in furlongs are in the left column):

Distance         July     Aug        Sep       Oct        Nov      Dec

5 to 7              12.1     10.8        10.3       9.1          9.5       11.0 

8 to 12            17.4     16.7        13.1      11.3       11.9       10.6 

12+                 23.4     23.2        19.1      14.5       14.3       13.3 

However, this only really becomes meaningful when compared against the performance of older horses in the same races:

Distance         July     Aug       Sep       Oct        Nov        Dec

5 to 7              10.0     10.2         8.9        8.2         8.4         8.8

8 to 12              8.6      8.6          8.4        6.8        7.0          8.8 

12+                   9.0      9.3         7.5        6.6         8.5          9.3 

The differences are most clearly seen by putting the two together and this table shows the difference between the two strike-rates tabled above:

                       July     Aug        Sep      Oct         Nov       Dec

5 to 7               2.1       0.6          1.4       0.9          1.1         2.2

8 to 12             8.8       8.1         4.7        4.5          4.9         1.8 

12+                14.4     13.9        11.6       7.9          5.8         4.0

These results clearly show that 3-year-olds do have an advantage and outperform their older rivals with higher strike-rates across the board. It also highlights that the biggest advantage occurs over longer distances and that this advantage is most stark in the peak of summer and then steadily decreases through the rest of the year.

Trainers To Note

Considering the whole year and again using races since the start of 2016, the following trainers have outstanding records with their 3-year-olds against older horses in UK handicaps:

Best Strike-Rates (minimum 50 races)

 Trainer                        Races      Wins        Strike-Rate (%)

Owen Burrows               62          20               32.26

Sir Mark Prescott         260          79               30.38

William Haggas            206          57              27.67

Saeed Bin Suroor        164          45              27.44

Roger Charlton            170          45              26.47

In August only (minimum 20 runs):

  Trainer                      Runs      Wins        Strike-Rate (%)

John Gosden                  45         19               42.22

Saeed Bin Suroor           29         12               41.38

Sir Mark Prescott            65         21               32.31

Ralph Beckett                 65         20               30.77

Rod Millman                   21            6               28.57

Hopefully, this information is of interest and will be of some use when considering bets in the coming weeks and months.

Happy racing, Miles Tredwell.

Miles has been a professional horse racing tipster for over 7 years and joined Tipstrr in February of this year. His Improvers tipster service was in the top 10 horse racing services for July and you can try it for free for a week by clicking here.

Want to see older articles? Visit our articles page to keep reading.