Percentage of Winning Favorites: An Old Subject Intelligently Discussed with the Aid of Track Statistics in Maryland, Daily Racing Form, 1916-12-14

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PERCENTAGE OP WINNING FAVORITES. An Old Subject Intelligently Discussed With the Aid of Track Statistics in Maryland. Inasmuch as fully 75 per cent, of the people who patronize the race track wager on the favorites in some position, either straight, place or show, the following statistical features of the running of the public choices at the fall meetings on the Maryland tracks may prove interesting and valuable, says Albert Gascoigne in the New York Sun. In the minds of a majority runs the old persist- I ent belief that occurrences of chance for the present or future are in some way affected by occurrences immediately preceding, but disconnected physically. For instance, most backers basing their operations on the favorite straight, place or show think that if three favorites have won or placed or showed the chances against the fourth one winning, placing or showing and vice versa. This would be so if we were drawing balls from a bag full of red and black balls; the more red ones drawn the smaller the chance of drawing another red one and so on. But this docs not hold true in turf speculation, as it is only when one deals with an infinitely large number of races that one can count on infinitely small variations in the mathematical results, but racing does not go on for infinity, therefore anything and everything may happen. Statistics prove that the runs of winning and losing public choices occur in cycles with the percentage of winners at the close always about the same, varying but little from year to year. Take any given one thousand races and at the close the percentage of winning favorites will be about 39 per cent.; there will be rnns of losers and winners occurring in sequence, but in the end the per cent, will be maintained. The following is a resume of the running of the first and second public choices through the season just euded: Havre de Grace. September 12 to September 30. Number of days 17. Number of races run 110. Winning Favorites Straigl t Number of winning favorites 53 Per cent, of winning favorites 44.5 Averaged price against the winners .... .25 to Place Number of favorites which either won or placed SS Per cent, of favorites which cither won or placed 73.9 Averaged price favorites which either won or placed . 57c. Show Number of favorites which either won, placed or showed 99 Per cent, of favorites which either won, plated or showed .. S3.1 Averaged price favorites which either won, placed or showed 33c. to Second Choices Straight Number of winning second choices 25 Per. cent of winning second choices .... 21 Averaged price winning second choices.. .SS to Place Number second choices which cither won or placed 49 Per cent, second choices which cither won or placed 41 Averaged price choices which either won or placed ... SOc. to Show Number of second choices -which either won, placed or showed SO Per cent, of second choices which either won, placed or showed G7.2 Averaged price choices which either won, placed or showed 41c. to Laurel. October 2 to October 31, 191G. Number of days 20. Number of races run 1S2. Winning Favorites Straight Number of winning favorites CO Per cent, of winning favorites 30.2 Averaged price against the winners.... .00 or S-3 Place Number of favorites which cither won or placed Ill Per cent, of favorites which either won or placed 00.9 Averaged price against favorites which either won or placed 0Sc.orl3-20 Show-Number winning favorites which either won, placed or showed 132 Per cent, of favorites which either won, placed or showed 72.5 Averaged price favorites which either won, placed or showed 31c. or 3-10 Second Favorites Straight Number of winning second favorites.. 42 Per cent, of winning second favorites... 23 Averaged price against winning second favorites .13 to Place-Number second favorites which either won or placed 70 Per cent, of second favorites, which either won or placed 41.7 Averaged price favorites which either won or placed ; or even money Show Number second favorites which cither won, placed or showed 107 Per cent, second favorites which either won, placed or showed 5S.7 Averaged price second favorites which either won, placed or showed .... 5Sc, 55-100 Pimlico. November 1 to November 13, 1910. Number of days 11. Number of races run 77. Winning Favorites Straight Number of winning favorites 30 Per cent, of winning favorites 38.9 Averaged price against the winners to - .57 Place-Number of favorites which either won or placed 42 Per cent, of favorites which either won or placed 54.5 Averaged price a place to 09c. Show Number of favorites which either won, placed or showed 51 Per cent, of favorites which either won, placed or showed 70 Averaged price favorites to show to .. 45c. Second Favorites Straight Number of winning second favorites ... 19 Per cent, of winning second favorites... 24.0 Averaged price against the winners to .40 Places Number of second favorites which either won or placed 30 Per cent, of second favorites which either won or placed 38.9 Averaged price a place to .15 Show Number of second favorites which either won. placed or showed 41 Per cent, of second favorites which either won, placed or showed 53.2 Averaged price to show to Clc. Bowie. November 14 to November 30, 1910. Number of days 15. Cumber of races run 103. Winning Favorites Straight Number of winning favorites.... 37 Per cent, of winning favorites 35.2 Averaged price against the winner to .45 Place Number of favorites which, either won or placed .. . 59 Per cent, of favorites which either won or placed 50.1 Averaged price a place to 75c. Show-Number of favorites which either won, placed or showed 75 Per cent, of favorites which either won, placed or showed... ..;;....;......:. .71.4 Averaged price to show to 40e. Second favorites Straight Number of winning second favorites.... 23 Per cent, winning second favorites 21.9 Averaged price against ;the winners to .55 Place Number of second favorites which either won or placed 48 Per cent, of second favorites which either won or placed . .. 45.7 Averaged price a place to . .20 Show-Number of second favorites which either.. won, placed or showed....... OS Per cent, of second favorites which either won, placed or showed ......... 04.7 Averaged pricfr to show to . ..... ... . . 00c. Summary of Fall Season. Favorites Straight Total number of. racing days ...... 09 Total number of races run 483 Total number if winning favorites 180 Total per cent, of winning favorites 3Si7 Averaged price to of winning, fuvorites... .45 Favorites Place Total number favorites which either won or placed 300 Total per cent, favorites which either wou or placed 02 Total averaged price to of favorites which either won or placed C5e. Favorites Show Total number favorites which either won, plaeed or showed 300 Total per cent, favorites which either won, placed or showed 74 Total averaged price to of favorites which either won, placed or showed 35c. Second Favorites Straight Total number of racing days 09 Total number of races run 483 Total number of winning second choices ... 109 Total per cent, of winning second choices... 22.0 Total averaged price to of winning see-on choices .25 Second Favorites Place Total number of second choices which cither won or placed 203 Total per cent, second choices which either won or placed 41.8 Total averaged price second choices which either won or placed .00 Second Favorites Show Total number second choices which either won, placed or showed JSG Total per cent, second choices which either won, placed or showed 00 Total averaged price to of second choices which either won, placed or showed .... 50c.


Persistent Link: https://drf.uky.edu/catalog/1910s/drf1916121401/drf1916121401_2_7
Local Identifier: drf1916121401_2_7
Library of Congress Record: https://lccn.loc.gov/unk82075800