| There was no better example of the power
of speed
analysis than last Saturday (16/8/03) when Gilded Youth won race 3
in Sydney at the juicy price of $15.70 on the NSW Tab and
higher in other States.
There were a number of up and coming 3 year olds engaged in
the race, which always adds an extra variable to the assessment.
Talented horses are open to significantly improving their
Speed-Form ratings from one start to the next and predicting
such improvement is difficult.
However it was clear to me from the beginning that Gilded
Youth had an outstanding chance of winning the race. The big and
strong Gilded Time colt was coming off a very strong run when
beaten just 0.1 lengths behind the smart Spurcent at Rosehill on
2nd August.
The time in the race was a very slick 69.86 seconds. Allowing
for the effect of early pace, Speed-Form ratings showed this
race to be 5 lengths faster than the fillies race over the same
distance won by Jewel Peak and 2 lengths faster than the open
age R1+ race won by Damigos. After reviewing the Speed-Form
ratings following that meeting it was obvious that this was a
very strong form race and horses close to the winner could be
followed with confidence.
Superior Sateen was lining up in the first race
on Saturday after finishing only 2.1 lengths behind Spurcent and racing like
he would appreciate the 1500m trip. Coming from such a strong
speed race his win was easy money at a very
respectable price of $5. Terracotta Bay who finished 2.9 lengths
behind Spurcent also ran a close 3rd in the race. The form had
clearly been confirmed.
Superior Sateen was a nice result, but the real money was
still to be made in race 3 with Gilded Youth.
From the moment the markets opened it was clear that there
was an opportunity to make a big profit on the race. Despite his
outstanding performance behind Spurcent last start, Gilded Youth
was better than $10 in betting. Spinning Boy, who had finished
about a length behind Gilded Youth was also at a similar price. The
short priced favourite in the race was Confectioner, a first time
visitor from Melbourne, followed by Niagara Falls, a first time
visitor from Melbourne and Adelaide.
Despite being last start winners, both horses had only beaten
moderate opposition and only run reasonable times. Both horses were also racing the Sydney way of going for the
first time which always adds an additional performance risk.
The best Speed-Form figures for each of the main runners in
the race were:
|
Gilded Youth |
96 |
|
Spinning Boy |
94 |
|
Confectioner |
92 |
|
Mind Reader |
92 |
|
Niagara Falls |
91 |
Confectioner was less
than 2/1 in betting and clearly a case where the hype had
exceeded his exposed speed ability.
Gilded Youth and
Spinning Boy on the other hand were both massive value and it was easy to enter
the race with confidence, backing Gilded Youth to win and saving
on Spinning Boy.
Gilded Youth won the
race comfortably at $15.70 on the NSW tote, providing a massive
windfall to go with the easy money made on Superior Sateen
earlier in the day.
This was not a
particularly difficult race to make money on. Gilded Youth had clearly shown superior
speed ability to
other runners in the field, yet the market overlooked this fact
and had him at a
ridiculous price.
Fast horses win
races and it's only through speed analysis that hidden
gems like Gilded Youth can regularly be found.
Good punting!
|