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Extreme Conviction
10 Mar 12 12:37
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Date Joined: 30 Mar 08
| Topic/replies: 363 | Blogger: Extreme Conviction's blog
Normal Distribution is usually regarded as the most common distribution in statistics. The characteristics of normal distribution are it’s bell shaped curve and symmetry along the mean. If you have the mean (average) rating you think a horse will run to in a race, and the standard deviation, then it is possible to work out the probability of a horse winning. For my figures I have used the standard deviation of 5lbs, meaning I think there’s a 68% chance the horse will run within 5lbs either side of my mean rating and 95% chance that they’ll run within 10lbs of it.

Sizing Europe

Below are the RPRs Sizing Europe has achieved over fences, and then those just around 2 miles. The slash represents the start of a new season.

All: 132, 163. 156, 165, 166, 161 / 151, 160, 165, 176, 172 / 158, 166, 172, 176

2 miles: 156, 165, 166, 161/ 165, 176, 172/ 172, 176

Looking through Sizing Europe’s figures there are two races that stick out like a sore thumb and those are his two ratings that Racing Post awarded him a rating of 176 for. However, I feel that there are plenty of question marks around those two ratings, especially the later at Punchestown in February.

That day he ran against two other rivals, however one was a 100/1 rag and hence when determining his rating the handicapper only had the barometer of one other horse to rate him against. RP figures awarded Big Zeb a rating of 163. However, his jockey reported him “beaten before the first”, how do we know he didn’t run to 160? 150? Or even 140? Of course, there is a chance that this rating is true but I think it’s best to treat it with a great deal of scepticism.

If you do trust the rating. Then ask this to yourself – does it really make sense that a 10 year old in his prep on ground he is supposed to not like would put up his best ever figure? For me, it seems very unlikely, hence I have disregarded this figure.

The second rating, achieved in his Queen Mother win last year is more believable, however, sectionals show that Sizing Europe was at an advantage in how the race panned out. The gallop was decent enough, however, due to the quick ground the race turned into a sprint (shown by bunching of field coming around the home turn). Best placed at the front on the rail, he was able to exploit this. This year he is likely to have horses such as Finian’s Rainbow, Wishful Thinking and Gauvain pestering him from an early stage, and so may not enjoy such a tactical advantage.

Once again maybe this rating was true, however, I find it hard to definitely believe (as the odds seem to suggest) that he is capable of putting in a 175+ performance here. Horses often put up once in a life time performances (Master Minded’s first Queen Mother, Hawk Wing’s Lockinge) which they fail to recreate again, and there’s nothing in Sizing Europe’s form to me which suggests he is very likely to be able to run to a mark of 175+. 

The mean rating I would expect Sizing Europe to achieve in this year’s Queen Mother would be around 170. I have this slightly below his 172 rating, because I feel he has had a very hard season so far. This strangely has been something that the press has not picked up on. He has had four runs, more than any other season before Cheltenham, and his prep run was also one week closer to Cheltenham this year.

First time out this season, he would have been beaten but for Rubi Light falling, before then finishing out on his feet over 3 miles. Since then, he has won twice back at 2 miles, however, both times the pace was brutal and even though it may not have looked it, he finished very slowly. According to Nick Mordin, at Sandown such was the early pace that from the third last they took 6 seconds longer to reach the finish than they did in the earlier novice chase and 2.4 seconds longer than in the marathon chase over 3m5f. Similarly at Punchestown, he took 1.1 to get from the last to the finish line than Portrait King did in the three and a half Grand National Trial on the same card.

2 milers are often best fresh, and although there is a chance he may recover in time, there has to be a doubt even if it did look easy to eye. The race was one week closer to the festival compared to last year and on much worse ground. He was also asked to set a strong pace this year compared to last year when he just sat in behind the leaders at a modest pace. Only a few years ago did Voy Por Ustedes and Kasbah Bliss both disappoint at short odds after visually ‘easy’ prep wins on soft ground. The standard deviation I have used is 5lbs (as I will with all other horses), meaning there is a 68% chance to me that he will run within 5lbs either side of 170.

I think he could run below the 170 and even 165 for the reason given (as well as a fencing error, trouble in running etc.) and above it because I could have slightly misjudged him. However, personally I am confident that he isn’t likely to run to the 175+ that people think he will, and using my parameters there is a 16% ((100-68)/2) chance that he’ll run 175+, which equates to 5/1 – which seems about right.

Finian’s Rainbow

All: 156, 159, 152, 165, 161/ 132, 167

2 miles: 156, 159, 152, 165, 161/ 132, 167

Looking through Finian’s Rainbow’s record it is remarkably similar to Sizing Europe on figures.  Both unbeaten before Cheltenham in their Novice career (Sizing Europe had recorded a slightly higher RPR, but he had already run in Grade 1 company) they achieved very similar RPRs in their respective Arkles (Sizing Europe 166 vs Finian’s Rainbow 165). They then both produced an RPR of 161 on their final run of the season post Cheltenham.

Before Cheltenham last year out in open company, Sizing Europe’s top RPR was 165, whereas, Finian’s Rainbows is actually slightly higher at 167. Sizing Europe of course improved to take the Queen Mother crown, however, I see no reason why Finian’s Rainbow should not be able to improve just as much and post a figure in the mid 170s. Sizing Europe improved 11lbs on RPR figures, and although it’s harsh to ask Finian’s to find that much improvement there is no reason why he shouldn’t be able to find at least half of that. He will have been trained to peak in the spring and has also been reportedly slow to come to hand this season.

He travelled by far the best in the Victor Chandler and still looked far from 100% at the business end, if he is able to do that when not fully right I see no reason why he should not go very close. Even though some people knock the form, I feel it was a very decent contest.

Whatever people say if you look at Somersby’s form it stands up to the closest scrutiny over 2 miles. His form figures over fences at 16/17f are 1123251. The fifth was in the Queen Mother last year where he made a bad error at a crucial stage and the race wasn’t run to suit at all, and when he came third he reared over in the paddock beforehand which must have had some affect. Apart from that, he has only been beaten by Master Minded (shd) and Sizing Europe (3/4l). Over Course and Distance in the contest last season he had only been beaten a short head by Master Minded (20l clear) who’s form with ‘soft’ in the going over 2 miles is 11111113(injured)111.

The mean rating I’d have Finian’s Rainbow on for this race would be a 168, 1lb higher than he’s shown so far, however, I feel he is capable of far better than that but am also aware that he could run below it.

Big Zeb

All: 130, 151, 144, 149/ 159, 157, 166/ 171, 143, 167, 172/ 160, 165, 169, 171, 175/ 161, 163, 167

2 miles: 149/ 159, 157, 166/ 171, 143, 167, 172/ 160, 165, 169, 171, 175/ 161, 163, 167

A bit harder to weigh up due his disappointing performance behind Sizing Europe the last day. Some horses just don’t go on Heavy Ground as they get older (Yeats a good example) which is the excuse that connections gave. However, he is now 11 years old now and there is a good chance he may have slightly regressed since last season. Barry Geraghty has also chosen Finian’s Rainbow over him this season, this however may be down to pressure on him from Michael Buckley due to the other horses he owns.

The positive about him though, is he has a fantastic trainer and getting them right on the day and this is shown by his peak RPR always coming in the spring. His RPR figures he has recorded this year are 161, 167 and 163, though I believe he may have been slightly overated on his start over Christmas.  The horses be beat that day were Noble Prince, Forpadydeplasterer and Scotsirish, who all need much further. I would have him as running to a peak of 163 so far. With some improvement likely to come at Cheltenham I would have him on a mean rating of 167, 4lbs below that what he achieved at the Festival last season.

This means that I think it's a 5/1 chance that he can produce a performance over 172 (ran to 171 in the race last year) which seems about right, given the doubts about his wellbeing and the chance that age is starting to catch up with him.

The other horses are pretty hard to weigh up, for various reasons, so I have just used the prices last matched on Betfair as their ‘fair’ odds.

Below are fair odds that my parameters have produced.

Sizing Europe: 2.9
Finian’s Rainbow:  4.8
Big Zeb: 6.4
Wishful Thinking: 18.0
Somersby: 22.0
Kauto Stone: 25.0
Realt Dubh: 25.0
Blazing Tempo: 40.0
Gauvain: 42.0
I’m So Lucky: 95.0

As can be seen my ‘fair odds’ are actually the same for Big Zeb as the market at the moment and the only discrepancy comes between Sizing Europe and Finian’s Rainbow.

In my view Sizing Europe is massively underpriced and should be around the 15/8 to mark. Finian’s Rainbow has arguably very similar form to that which Sizing Europe had before he win last year, as well as having the much lighter season of the two so far this year. He comes there much the fresher horse (and a year younger) and should not be 5x the price in my book.

My advice would be to lay Sizing Europe for 1pt at Evens and back Finian’s Rainbow for 1pt at 5/1. Meaning your returns are as follows:

Finian’s Rainbow: +6pts
Field: Level
Sizing Europe: - 2pts


Meaning effectively you have 3/1 on Finian’s Rainbow but money back if anything else but Sizing Europe wins. This is much like the ‘draw no bet’ market in a football match, where you back one team but get your stake returned if the end result is a draw.

I’m not saying Sizing Europe can’t win and he is still the most likely winner, however, I think at the moment the market overestimates his chance and what I have mentioned above is one of the better plays in the Championship races at the moment.

Keeping my other figures the same, for Sizing Europe to be the price he is, the mean rating you'd have to expect him to run to be would be 174, which for the reasons mentioned above, is too high.

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Replies: 55
By:
Glossy
When: 10 Mar 12 12:42
Worst QM for a while. Sizing is head and shoulders above the rest of the field and will win at a canter IMO.
By:
lucylucky
When: 10 Mar 12 12:50
excellent post op, im not a SE backer this year
By:
willywango
When: 10 Mar 12 12:54
Brilliant write up, tend to agree with most points.
By:
judorick
When: 10 Mar 12 12:59
really like your thinking, Alan Potts would be proud of you (Against the Crowd)

I think the odds are more than fair myself because looking at the likely pace scenario means Sizing Europe is  going to get the race run exactly to suit and that increases his chance of winning - simply if they let him sit at the front setting his own fractions he will just run away from them

the way to get him beat is to apply pace pressure early and I don't see any of the runners wanting to do that role or being good enough

I won't be betting myself so I shall watch with interest
By:
zilzal1
When: 10 Mar 12 13:02
Cant see that pace scenario happen though Judo, both KS and WT will be wanting a bit further and wont let the fav set his own sectionals
By:
rothko
When: 10 Mar 12 13:02
great write up EC will probably take your advice
By:
judorick
When: 10 Mar 12 13:07
that pace scenario is exactly what happened last year and neither KS or WT are within a stone of SE he can set fractions which they won't like but that are still well within his comfort zone

you have to take relative ability into account too
By:
TheFormMan
When: 10 Mar 12 13:17
OP is the biggest load of b0llocks i have read on this forum,where do all these people come from and why does this forum attract so many of them
By:
Extreme Conviction
When: 10 Mar 12 13:20
Cheers TFM, what part of it do you not agree with?
By:
Extreme Conviction
When: 10 Mar 12 13:20
Cheers TFM, what part of it do you not agree with?
By:
judorick
When: 10 Mar 12 13:22
I don't see you contributing anything of value to the forum though

all your posts just slag others off

come on then, let's see your reasoned argument for anything
By:
mightymoyes
When: 10 Mar 12 13:22
irony
By:
zilzal1
When: 10 Mar 12 13:25
Id have to disagree about last year Judo, Mad Max took up along for a while and they were stacked up coming into the straight, even Somersby wasnt outpaced and was there until they kicked

If you took the times jumping the 1st until the second last it was around 3.20.54(Hand timed)

The Arkle was a bit faster at 3.16-84
By:
buddeliea
When: 10 Mar 12 13:59
formman,
thats not very nice,must have taken hours of work for the OP to produce that!!
By:
zilzal1
When: 10 Mar 12 14:00
Quite, we need more posters with decent write ups rather than people who insult each other
By:
judorick
When: 10 Mar 12 14:16
did similar on the champion hurdle thread and the "nailed on ew value" thread

came on saying "you are over/under estimating these horses, your opinion is shitte" on both of them

adds nothing
By:
thieveslikeus
When: 10 Mar 12 14:24
Excellent OP, much food for thought.  I totally agree that the race could come too soon for SE, especially if he ran to the RPR he was given.  If he didn't run to that RPR then he has, as  you say, only last year's race at that rating and that was run to suit and may be a false rating too.

I still have a small problem with FR.  How progressive is he at 9?  And is he a bit of a short runner?  But I cannot deny he otherwise profiles very well for this race and certainly prefer him to the 11yo Big Zeb, who looks a spent force now.  I'd have to consider Somersby quite seriously if he ran here but reckon I will end up backing FR in spite of my questions.
By:
TheFormMan
When: 10 Mar 12 14:34
By: This user is online. buddeliea
Date Joined: 19 Mar 04 Add contact | Send message
When: 10 Mar 12 13:59 Joined: Date Joined: 19 Mar 04 | Topic/replies: 5,970 | Blogger: buddeliea's blog
formman,
thats not very nice,must have taken hours of work for the OP to produce that!!

Apologies Extreme Conviction,was a little harsh,i wish you all the best at the festival
By:
buddeliea
When: 10 Mar 12 14:36
good man,lifes too short i reckon
By:
buddeliea
When: 10 Mar 12 14:37
and we should all be happy,its xmas next week!!
By:
TheFormMan
When: 10 Mar 12 14:39
its only xmas if things go the way we want them to *finger firmly crossed*Scared
By:
FOYLESWAR
When: 10 Mar 12 15:18
exellent analysis e.c am already on finians and kauto stone and happy enough at this stage good luck.
By:
the Inca
When: 10 Mar 12 15:41
I think its a very weak race which sizing wins easy.
By:
Arklearkle
When: 10 Mar 12 16:10
EC a lot of work there. Not really over-impressed by Finian's form. His first 3 races were probably non events and I am not certain beating Ghizao, Wishful Thinking (in this seasons form) and a novice by 3 3/4 lengths sets the world on fire. Cant see him beating SE and/or BZ. But in my betting career which did not begin yesterday I have wrong at least 5,000 times.
By:
Arklearkle
When: 10 Mar 12 16:37
* have been wrong
By:
gart
When: 10 Mar 12 17:53
pleased to see someones thoughts arrive at
same conclusion as mine roughly.
my ego satisfied....

but this is really good stuff because
it demonstrates how opinion moulds
tissue price.
in the end, value is all that matters
in the long run.
By:
marychain1
When: 10 Mar 12 18:06
Very interesting OP. Good work. I cant decide what to do in this race, think SE wins but not backing a 10/11; may just take half of your advice and back FR.
By:
wellchief
When: 10 Mar 12 18:30
I've just backed Finians Rainbow to place at evens.

Don't think he'll win, so don't want to throw that part of the each way bet away but unless Somersby runs or Wishful Thinking improves a stone I think the first three places are sorted.
By:
Tucho
When: 10 Mar 12 18:34
i'd just like to say i enjoy reading your work EC, and I hope that one d1ckhead slagging you off doesn't stop you posting these
By:
Extreme Conviction
When: 10 Mar 12 18:55
Thanks Tucho. Everyone's allowed there own opinion, besides if people didn't have wrong ones I wouldn't make money in this game Wink
By:
judorick
When: 10 Mar 12 19:04
yes totally agree EC

keep it coming, some original thought much appreciated whether it works out or not - getting the brain thinking about things from different angles can often lead to valuable insights

it is a shame that we can't edit  threads and delete unwelcome and offensive posts on this shocking forum
By:
Far From Trouble
When: 10 Mar 12 19:08
Best of luck EC

Personally I think Finian was second best in an average Arkle

Zebbo looks like age is catching up with him and the rest look well held on all known form

Sizing is out of the absolute top drawer and looks as good as ever despite his slightly advancing years. IMO he's the best since Moscow Flyer and that includes Azerty and Well Chief

And I think I love him Plain
By:
solvingthepuzzle
When: 10 Mar 12 19:37
EC extremely impressive analysis & I tip my hat. Very hard to choose between these, when I boil it down & I can't decide, I have a 'rule of thumb' which often stands me in good stead. It's simply win to run ratio. It's clearly Finian's Rainbow here. I'm already on at 6's anyhow but your analysis proves it's perhaps 'good value'? SE may well & probably will win but at evens there's no value for me.  GL all
By:
dandan
When: 10 Mar 12 22:29
Excellent analysis EC. Agree 100% with the above, very well written and reasoned too, be nice to see more of that on here.
By:
kelsey
When: 10 Mar 12 23:57
Great post EC. I've heard it trotted put repeatedly in the last few months that Big Zeb is regressing. This all seems to be due to one poor run in heavy ground. Although RPR's would infer that this seasons form is not as good as last years, his three previous runs included beating Sizing Europe once and Noble Prince twice (once giving him five pounds). This seems pretty good form to me and although Sizing Europe is the most likely winner (especially at Cheltenham) he's evens and Big Zeb is 5/1. If you have to have a bet in this race then Big Zeb has got to be better value than Sizing Europe.
By:
beestie
When: 11 Mar 12 00:34
...same here EC...very interesting post.  Can't understand that ridiculous retort...ban the jerk.  All food for thought. Personaly I agree, and think that they should run Somersby in this as it really does look like a weak year, and he has come so close before.
By:
Slabster
When: 11 Mar 12 00:52
Fantastic Post EC.
By:
JOCI Club
When: 11 Mar 12 01:07
Very interesting post as usual. Last year I was against Sizing Europe, given that he didn't have a great preparation, was messed about over different trips etc, and i just felt he wouldn't win as a result. He proved me wrong and came home at a very nice price.

This year, everything's gone reasonably well, Tingle Creek, thumping Big Zeb LTO.

Yet to be convinced Finians Rainbow is going to be strong in the finish, and Sizing seems to com alive when he gets to Cheltenham. He's my most likely winner, thought the price may not be value now.
By:
wellchief
When: 11 Mar 12 11:02
To be honest, I'm only a new member to the Sizing Europe fan club.

I tipped him up in the Arkle months and months before the race at about 25/1 but never actually backed that up with any cash (no fault of his but I probably held that against him after).  I was always convinced Captain Cee Bee would win that Arkle after he was cruising all over Sizing in their prep run - but the rest is history.

Like JOCI has said above I was against him for the same reasons last year; having one of the worst preps for the Festival.  I've always been a huge Master Minded fan and could never find myself deserting him, even if he did cost me a few quid on more than one occasion. 

I wasn't completely with him at the start of this year, again because of De Bromhead's desire to run him over 3m.  However, since he has now dropped backed to 2m he does look a cut above and can't see him getting beat.

I think nearly everyone on here is of the same opinion.  Sizing is easily the most likely winner but not too many would want to go steaming in at evens / odds on.  Big Zeb needs to prove that he bounce back after his last run and Finians needs to prove he csn last out the full 2 miles.

Hopefully Wishful Thinking will take them along at a good pace, and all of the top 3 will get their good ground so there shouldn't be any excuses.

Great Post EC.  With regards to Sizing and Finians putting up pretty similar RPR's in their Arkles, I would say that Sizing's Arkle was a much stronger race though.  Somersby has since won a G1, Mad Max won at Aintree, Osana was a G2 winning hurdler and Riverside Theatre has won a G1 chase.  These are much stronger than the likes of Captain Chris, Medermit, Ghizao and Realt Dubh imo.
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