OFFICIAL HANDICAP HORSE RATINGS
About half of all horse racing in the United Kingdom is a Handicap race.
They have become the best sort of race for owners to have a winner in.
The very highest rated horses are not allowed to enter handicap races.
Horses eligible to race in handicaps, have official horse ratings decided by the British Horseracing Authority or B.H.A for short. The B.H.A. assesses all the races run, on a weekly basis, and updates official ratings for each horse. The list of official horse ratings is then published based upon performances on the racecourse.
This means the higher the official rating each horse achieves, dictates which horses are the best, and which are of lesser quality.
Handicaps are for all horses officially rated within the official class bands, which are dictated by weight being allotted, using each horses official rating, which fluctuates with racecourse performances.
What the B.H.A. tries to achieve is parity (equality) between all contenders in each handicap horse race. In truth a horse allotted top weight, with an official rating, of say 120, and each of the other horses in the race having official ratings, of say 115, 112, 111, 110, 108 and 106, this means each horse is set to give the lowest rated/weighted horse between 2 lbs and 14 lbs (each numerical point is equal to 1 lb in weight). Every horse by weight, frames the handicap from the race conditions. Each horse has a similarly fair chance to win, as dictated by its official handicap rating.
Most handicaps both Flat and N. Hunt are restricted to horses with official ratings within a certain range. This dictates which horses run in certain races, what weight each horse carries, and which races each horse can compete in. If a horse performs better than its official rating, more than likely it will be given a higher official rating. If a horse continually performs below its official rating it will be given a lower official rating.
There is a penalty system in operation used by the B.H.A. This allows the handicapper the opportunity to penalise a winning horse, prior to the handicapper having this winning performance to hand, for purposes of assessment of the improvement made. The winning horse if declared to race again within the 7 day period, before the handicapper is able to take into account the winning performance, will carry a weight penalty. A penalised horse is always indicated by the extra weight
(3 lb ex, 5 lb ex,7 lb ex, etc) within the race card.
The official handicap rating is used purely for weight allotment in relation to race conditions, and has no bearing on race prediction of winners. In other words, the highest official rated horse in any handicap race ran on Flat turf, AW or N. Hunt will always be the horse set to shoulder the highest weight.
Winning a horse race is always an uncertain event, and every day/week, factors, and unimaginable circumstances contrive to beat you, and undo all the in depth study and analysis you've done on any given race.
Most serious racing fans live in hope of actually beating the game long-term. They relish the challenge, and continue to try harder, and learn more, but the outcome of certain races eludes them.
Are they ready to take personal responsibility?
Can they deal with both the frustration, and the emotional feelings that come with negative results?
Most punters are unable to accept betting on losers.
The reality is betting more losers, is the only way to become successful in horseracing. What I mean is you must bet horses at value odds, which brings more losers into the equation. There isn't a blame attached to betting losers, there shouldn't be any regret, or disappointment. It's all part of what makes a winning and astute successful punter.
You must eliminate short-term expectation, and get to know, and understand the philosophy of success.
The astute successful punter is impassive to winners and losers, and when they occur. His ' state of mind ' is unaffected by losses in the short-term, he knows absolutely that success in horseracing is all about the long-term.
There will inevitably be losing streaks, there will also be winning purple patches (the only danger to be aware of here, is becoming overconfident).
Profitable betting success can only be achieved by backing selections at
Volume wagering is our key to profit - our time is of vital importance - a profitable edge will bring reward. This is what will enable you to enjoy a rewarding, worthwhile and profitable long-term future in horseracing.