A Conversation About Accuracy: 30,000 Falsehoods Annually

by Thoroughbred Idea Foundation

While Aunt Pearl’s performance in the [GII] J.P. Morgan Chase Jessamine S. on Oct. 7, 2020, was an impressive gate-to-wire score in a sizzling time, smashing the stakes record by more than two seconds, the pesky un-timed portion of nearly every American race played a role in the eye-popping clocking.

“Run-up” is the distance from where the gate is placed and the timing of the race begins–that is, the point at which the horses reach the published distance of the race. The Jessamine, and nearly every other race in North America, is not run over the distance listed in the program or past performances. So, when reporting the race was “1 1/16 miles”–that is really only the portion of the race which is timed, not the full distance run.

The actual distance the race covers, naturally, is the point from where the gate is placed to the finish, but depending on how far the gate is from the published distance of the race will dictate how much of ground at the start is covered before the horses reach the point which is 1 1/16 miles from the finish.

In the case of the Jessamine, the initial Equibase chart of the race reported 216 feet. Keeneland later informed Equibase that distance is closer to 100 feet, and the chart was amended.

The Daily Racing Form‘s Marty McGee covered the issue in the days after the race:

“[Bob] Elliston said additional gaps for entry to the turf course have been added this fall ‘in an attempt to try to preserve the surface by not placing the starting gate at the same position on the turf course at [often-run] distances. The gate can rough up the course through that kind of repetition.’

“For the Jessamine, the gate was ‘placed the farthest back of all the gap options,’ Elliston said. ‘Obviously, this is the kind of thing handicappers have a right to know about beforehand, so we’re making that information available on a regular basis.'”

At the suggestion of the Thoroughbred Idea Foundation (TIF), Elliston confirmed that Keeneland would begin updating the daily run-up information on the track’s website, which can be found here on the “track conditions” page.

“We thank Keeneland for their attentiveness to the situation and getting the updated information to the public,” said Patrick Cummings, Executive Director of TIF.

“There needs to be an industry-wide discussion about accuracy in our sport. Every time entries are drawn for a new race, and they are published, our industry is misled into believing a race is being run over the distance that is listed. That is false–our sport reports about 30,000 falsehoods a year just in terms of the accurate distance of races run. We report the distance timed, not the distance run, and in so doing, disrespect everyone in the sport, but most especially the horseplayers and the horsemen.”

From the break of the gate to the finish in the 2020 Jessamine, Aunt Pearl ran for about 1:46. Last year in the same race, Sweet Melania ran for about 1:45. Images [found on] YouTube of each race show the gate in different positions relative to the distance poles on the various courses.

Craig Milkowski of TimeformUS confirmed from video timing software that the 2020 Jessamine field ran for about 5.31 seconds before timing began. He added that, based on this method of timing one-mile dirt races at Santa Anita, which have a reported 160 feet of run-up, routine run-up times are around 4.95 seconds. At Del Mar over the same distance, run-up is reported at 200 feet and the time is about 5.75 seconds of un-timed racing before the clock begins and horses reach the point one mile from the finish.

TIF published a report several weeks ago which highlighted gross inaccuracies in distances run at Saratoga, Gulfstream Park and Kentucky Downs. There have been few changes.

On the last day of racing at Gulfstream prior to their seasonal shift to Gulfstream West, Mo of the West won Race 9 carded at one mile on turf. The published final time was 1:36.44, but the horses actually ran for about 1:44.

“Aunt Pearl looks a very nice filly,” Cummings said, “but the raw information our sport presents to customers suggests she was potentially 12-14 lengths faster than any previous winner of the Jessamine.

“Even if Aunt Pearl is to be a future superstar, the next Zenyatta, it is almost impossible to believe she is that much faster than all previous winners of the race. What is not doubted is that she covered a longer course in the 2020 Jessamine, which seems to have had the longest run-up of any previous edition, and thus made the times faster given she got up to a higher speed once the clock started.

“This is just another reason that the sport’s speed and pace figuremakers are valuable for racing, they serve as an incredibly valuable check-and-balance to the raw data the sport presents. Take nothing away from the horse, but the times can be very misleading to the public given that tracks are not putting the gate in the same place and races are not effectively run over the same distance, particularly on turf, from year-to-year. In a sport where the difference between a big win and total loss can be incredibly small, accuracy matters so much.”

The post A Conversation About Accuracy: 30,000 Falsehoods Annually appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

Thoroughbred Idea Foundation: Run-Up Made Final Time Misleading In Jessamine

While Aunt Pearl's performance in the J.P. Morgan Chase Jessamine Stakes at Keeneland on Oct. 7, 2020 was an impressive gate-to-wire score in a sizzling time, smashing the stakes record by more than two seconds, the pesky un-timed portion of nearly every American race played a role in the eye-popping clocking.

“Run-up” is the distance from where the gate is placed and the timing of the race begins – that is, the point at which the horses reach the published distance of the race. The Jessamine, and nearly every other race in North America, is not run over the distance listed in the program or past performances. So, when reporting the race was “1 1/16 miles” – that is really only the portion of the race which is timed, not the full distance run.

The actual distance the race covers, naturally, is the point from where the gate is placed to the finish, but depending on how far the gate is from the published distance of the race will dictate how much of ground at the start is covered before the horses reach the point which is 1 1/16 miles from the finish.

In the case of the Jessamine, the initial Equibase chart of the race reported 216 feet. Keeneland later informed Equibase that distance is closer to 100 feet, and the chart was amended.

The Daily Racing Form's Marty McGee covered the issue in the days after the race:

“Elliston said additional gaps for entry to the turf course have been added this fall 'in an attempt to try to preserve the surface by not placing the starting gate at the same position on the turf course at [often-run] distances. The gate can rough up the course through that kind of repetition.'

“For the Jessamine, the gate was 'placed the farthest back of all the gap options,' Elliston said. 'Obviously, this is the kind of thing handicappers have a right to know about beforehand, so we're making that information available on a regular basis.”

At the suggestion of the Thoroughbred Idea Foundation (TIF), Elliston confirmed that Keeneland would begin updating the daily run-up information on the track's website, which can be found here on the “track conditions” page.

“We thank Keeneland for their attentiveness to the situation and getting the updated information to the public,” said Patrick Cummings, Executive Director of TIF.

“There needs to be an industry-wide discussion about accuracy in our sport. Every time entries are drawn for a new race, and they are published, our industry is misled into believing a race is being run over the distance that is listed. That is false – our sport reports about 30,000 falsehoods a year just in terms of the accurate distance of races run. We report the distance timed, not the distance run, and in so doing, disrespect everyone in the sport, but most especially the horseplayers and the horsemen.”

From the break of the gate to the finish in the 2020 Jessamine, Aunt Pearl ran for about 1:46. Last year in the same race, Sweet Melania ran for about 1:45.

Craig Milkowski of TimeformUS confirmed from video timing software that the 2020 Jessamine field ran for about 5.31 seconds before timing began. He added that, based on this method of timing one mile dirt races at Santa Anita, which have a reported 160 feet of run-up, routine run-up times are around 4.95 seconds. At Del Mar over the same distance, run-up is reported at 200 feet and the time is about 5.75 seconds of untimed racing before the clock begins and horses reach the point one mile from the finish.

TIF published a report several weeks ago which highlighted gross inaccuracies in distances run at Saratoga, Gulfstream Park and Kentucky Downs. There have been few changes.

On the last day of racing at Gulfstream prior to their seasonal shift to Gulfstream West, Mo of the West won Race 9 carded at one mile on turf. The published final time was 1:36.44, but the horses actually ran for about 1:44.

“Aunt Pearl looks a very nice filly,” Cummings said, “but the raw information our sport presents to customers suggests she was potentially 12-14 lengths faster than any previous winner of the Jessamine.

“Even if Aunt Pearl is to be a future superstar, the next Zenyatta, it is almost impossible to believe she is that much faster than all previous winners of the race. What is not doubted is that she covered a longer course in the 2020 Jessamine, which seems to have had the longest run-up of any previous edition, and thus made the times faster given she got up to a higher speed once the clock started.

“This is just another reason that the sport's speed and pace figuremakers are valuable for racing, they serve as an incredibly valuable check-and-balance to the raw data the sport presents. Take nothing away from the horse, but the times can be very misleading to the public given that tracks are not putting the gate in the same place and races are not effectively run over the same distance, particularly on turf, from year-to-year. In a sport where the difference between a big win and total loss can be incredibly small, accuracy matters so much.”

The post Thoroughbred Idea Foundation: Run-Up Made Final Time Misleading In Jessamine appeared first on Horse Racing News | Paulick Report.

Source of original post

Racing’s Biggest Hope: Embracing Fixed Odds Betting

by Thoroughbred Idea Foundation

Have you noticed the explosion of sports betting legalization around America?

As it stands now, horse racing is offered almost exclusively as a pari-mutuel wagering option, which often renders impossible the co-location of racing with other fixed odds sports bets. Be it Draft Kings, Fanduel, the new Barstool Sportsbook through Penn National Gaming, or any other provider in the growing number of states legalizing sports betting–racing is not amidst those offerings.

That puts U.S. racing at a monumental disadvantage.

In February 2019, the Thoroughbred Idea Foundation published “Horse Racing and ‘Legal’ Sports Betting,” a white paper which suggested racing’s greatest opportunity for growth through increased wagering participation will come from offering fixed odds betting on racing. That is, essentially, a sports betting-like product–with fixed prices, locked-in at the time of the bet on everything from the race itself, to props, futures, or other unique outcomes tied to the race.

“Probably our most fundamental problem, nationwide, is that racing is trying to survive a nearly two decade-long decline in handle, amidst what is the most competitive legal wagering marketplace in American history, all with a product that, mostly by design of its own industry, is increasingly uncompetitive,” TIF Executive Director Patrick Cummings said this week.

Racing needs to present its product adjacent to, not separate from, that which represents the greatest growth spurt in the history of legal, American betting.

“And make no mistake, we need to get our pari-mutuel betting product re-organized, with a relentless focus on improving pricing and finding ways to increase wagering churn. Either we get serious about this as an industry or things get worse. It should be an easy choice.”

With the growth experienced in sports betting and sports betting legalization over these last 20 months since our original publication, we invite you to go back and review our original thoughts and consider the possibilities for American racing.

The post Racing’s Biggest Hope: Embracing Fixed Odds Betting appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

The Best Interests of the Industry: #FreeDataFriday, Final Volume

by Thoroughbred Idea Foundation

This is the final installment of a year-long series we called #FreeDataFriday. We have greatly appreciated your attention and feedback. To share your thoughts with us, please contact us by clicking here.

In March 2019, the Thoroughbred Idea Foundation published a white paper calling for Equibase to do four things:

  1. Provide free, raw data feeds for registered, non-commercial users.
  2. Provide free, basic past performances on all North American tracks.
  3. Provide responsive channels to regularly address errors and omissions in the data.
  4. Partner with universities to study racing data, developing new and advanced metrics for the betterment of the sport.

There have been few positive developments directly from Equibase on these initiatives.

Fortunately, harping on this topic has yielded far more attentiveness to various outlets when it comes to free data. Some tracks have released free past performances for select races (Volume 35). One reported to us thousands of downloads of free PPs from a single day of racing. It has been, and will continue to be, appreciated.

#FreeDataFriday was about drawing attention to the need of racing to embrace data, an improved approach to information delivery as a path to grow wagering and attention on racing. Regardless of Equibase’s actual behavior, this needs to happen.

We occasionally focused on other sports which are doing this in better ways, some directly connected to wagering, too. This series also highlighted data, some old and some new, designed to focus our followers on the plight of racing’s troubled present, and how hopefully to change it in the future, for the better.

Equibase is an incredibly valuable asset for the racing industry, a legacy to the decision making of its founders, and they have undoubtedly performed a useful service to the sport.

With a firm foundation built three decades ago, we believe now is the time to take a giant leap ahead, to transform, offering the data to a public customer far different than the ones that engaged the sport in 1990. The current and potential racing wagering customer possesses programming and processing power the likes of which could never have been envisioned in those days. Enabling public access to racing’s vast data sets would signal a new era for the sport.

Freely available data will grow handle, increasing racing’s competitiveness for new customers and enhancing the retention of current customers. This is a direct benefit to the tracks, who currently enjoy the spoils of data sales. Growing handle several percentage points replaces the dividends tracks received via the data business, and which some also receive as ADW operators and bet processors. Growing it by several more covers Equibase’s costs.

Equibase could take racing ahead into this new era. We believe this will spark participation and engagement. We want racing to have a seat at the analytics table, joining the many mass-market and even niche sports and games which have and continue to benefit from open and available data. How exciting it would be to unfurl the collective intelligence of tech-savvy bettors, fans, researchers and academics on a sport that desperately needs growth.

Equibase, essentially, holds a monopoly on racing’s data. If you want to register a Thoroughbred for racing or breeding, owners relinquish all of their data rights to The Jockey Club (TJC) and its subsidiaries through its registration process. The terms of use on TJC’s website outline this:

“You agree to grant to TJC a non-exclusive, royalty-free, worldwide, sub licensable, perpetual license, with the right to sub-license, to reproduce, distribute, transmit, create derivative works of, publicly display and publicly perform any materials and other information (including, without limitation, ideas contained therein for new or improved products and services) you submit to the Website or by e-mail to TJC by all means and in any medium now known or hereafter developed. You agree that you shall have no recourse against TJC for any alleged or actual infringement or misappropriation of any proprietary right in your communications to TJC.”

Register your horse and TJC can do as it pleases with the data your horses accrue.

Make no mistake, when Equibase was created, it was viewed as a sustainable source of information collection–by the industry, for the industry, not some evil empire. In 1992, as we cited in Volume 2 of #FreeDataFriday, then vice-chairman of TJC William S. Farish offered a noble take on the need for the industry to maintain racing’s data. There had been a fear that if the data was controlled by a private entity, racing’s records could be lost. Here are some of Farish’s remarks from the 1992 Jockey Club Round Table:

“Before Equibase was formed, Thoroughbred racing stood out alone as just about the only major professional sport which was not responsible for its own records…The Thoroughbred industry has the responsibility and obligation to maintain control of those records, and make sure they are made widely available in whatever way suits the best interests of the industry.”

Responsibility. Obligation. Widely available. Best interests.

The world of racing, betting and information delivery has changed substantially since those remarks, nearly 30 years ago.

Equibase has not evolved to the needs of the modern industry, to present-day horseplayers and horsemen. Serious efforts to reform and modernize are needed to make good on Mr. Farish’s salient recommendation from 1992.

#FREEDATAFRIDAY

To borrow from Bill Gates, if we approached some of racing’s problems similar to the way he addresses myriad issues, perhaps there is some hope we can have a brighter future for our sport. The two questions Gates asks: “Who has dealt with this problem well? And what can we learn from them?”

In some parts of the racing world, significant amounts of data, and past performances, are free, or at least less expensive than they are here. Two of the notable locations–Australia and Hong Kong, jurisdictions where racing, at least as measured through wagering participation, continues to grow.

Data alone is not going to change our future, but it is one element of a needed elixir of renovation for our industry.

We conclude this series with a reprint of the comments of Gary Crispe, the CEO of RacingandSports.com, an Australia-based news and information website which includes a plethora of free data for horse racing around the world, including past performances from many jurisdictions. Crispe offered these remarks when TIF spoke with him while researching our white paper, “Embracing a Future with Free Racing Data.”

“There is an infatuation to pricing racing data, but that sort of model seems to ignore the fundamental business of the sport. Data and its derivatives should be used to drive betting.

“Outside of a few relationships with some big clients, nearly all of the data we supply is free to our site’s visitors. We offer full form guides [past performances] for races in 17 jurisdictions around the world, which includes speed maps [pace projections] and a whole host of value-added services. They come in a variety of formats, some of which can be tailored to the site user’s preferences.”

Why wouldn’t North American racing want that?

Well, “racing” might want it and need it, but Equibase and the tracks have turned data into big business off the investments of owners and horseplayers.

Combining this data access with more efficient pricing within wagering markets is a recipe for significantly increased bettor participation–a new way forward which all of the industry should support.

CLICK HERE to read the TIF Biennial Report.

 

The post The Best Interests of the Industry: #FreeDataFriday, Final Volume appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

Verified by MonsterInsights