The Place Market - horse racing

TIMEFORM on Betfair has results for past years showing BFSP and place odds and plenty data for you to check out differentials for different types of races...goings....time of year etc etc

Here is just one race ...

Pos(Draw)     Dist     Horse     Age     Wgt(OR)     Eq     JockeyTrainer     In-playHigh/Low     BSP/ISP(+/-)     Place
1 (10)         Madame Chiang     3     9     -     Kieren Fallon David Simcock     24 / -     10 / 9 (7%)     3.38
2 (7)     1¼     Lily Rules     3     9     -     Barry McHugh Tony Coyle     - / 1.5     8.77 / 8 (5%)     2.89
3 (6)     2½     Regardez     3     9     -     Jim Crowley Ralph Beckett     - / 5     8.8 / 7.5 (14%)     2.58
4 (9)     1¼     Nancy From Nairobi     3     9     -     William Twiston-Davies Mick Channon     - / 10     36.86 / 26 (36%)     6.99
5 (5)     1     Queen Of Ice     3     9     -     Seb Sanders William Haggas     - / 7.4     8.4 / 6 (41%)     2.69
6 (2)     2     Latenightrequest     3     9     -     Paul Hanagan Richard Fahey     - / 7.6     8.8 / 8 (6%)     2.92
7 (4)     2½     Cambridge     3     9     -     James Doyle Charles Hills     - / 4.2     6.2 / 5.5 (10%)     2.25
8 (3)     6     Shama     3     9     -     Ryan Moore Sir Michael Stoute     - / 2.54     7.6 / 6.5 (14%)     2.67
9 (8)     3¾     Lady Heidi     3     9     -     Silvestre De Sousa Philip Kirby     - / 6.8     8.2 / 8 (-2%)     2.84


Varies a lot depending on horse's chance to win place....

Superb, really appreciate that DFC

If you're prepared to put some work in, importing the data in the files here:

https://promo.betfair.com/betfairsp/prices/

will give you several years worth of data for every UK and Irish horse race.

I wrote some code to import these into my own database last summer - that has proved to be a weekend well spent many times since.

Thanks Longbridge

Another consideration is the variance of the horse's performance.  A consistent horse priced at 6-1 will have a lower place price than an erratic horse of the same price.  For example, many M Johnston horses, probably due to the front running style, can win well or be tailed off, so you will find their place odds longer than other horses of the same price.

Its certainly an erratic market... I'll just have to test it. Thanks all

It's not as erratic as it used to be, in 95% of the time,
the place prices on here are more or less in line with
bookmakers fractions.