In my previous article I investigated the potential rewards of horse race betting in Hong Kong and the emerging racing industry on mainland China.
In this article I will focus in more detail on racing in Hong Kong and try to point up some of the advantages of betting there and how to give yourself the chance of winning Racing’s richest prize.
Firstly there are only two tracks, Sha Tin and Happy Valley, which makes identifying track characteristics a doddle compared to the 52 tracks operating in the UK.
Sha Tin is a turf track with luxurious facilities and numerous restaurants to make the customer feel valued and pampered. ATM’s and Foreign Currency Exchange Services are provided. It boasts a fully retractable roof over the Parade Ring and the world’s longest Diamond Vision Television screen.
Happy Valley racecourse lies at the heart of Hong Kong, surrounded by skyscrapers and looped by the famous tramline.
Entry fees for the public area are just HK$10 (£0.81)
There are on average eight meetings a month between the two courses.
As you would expect there is only a limited pool of horses, trainers and jockeys participating in the races which helps to ease the burden of form study especially as a huge amount of race data is readily available.
Another factor is that any one race has a maximum of 16 runners at Sha Tin and 12 at Happy Valley which also makes for consistency in the results.
Most of the racing information can be found on the Hong Kong Jockey Club website http://racing.hkjc.com/racing/english/index.aspx
There are many internationally recognised races, none more so than the Longines Races which include the LONGINES Hong Kong Sprint (1200M), the LONGINES Hong Kong Mile (1600M), the LONGINES Hong Kong Cup (2000M) and the LONGINES Hong Kong Vase (2400M).
The Hong Kong Jockey Club runs the Tote Betting and is responsible for some of the largest pool prize bets in the world, the largest of which is the Triple Trio Pool which typically reaches in excess of HK$3,000,000 and can rollover.
To win the bet requires the 1st, 2nd and 3rd in any order in each of three nominated races (4th, 5th and 6th race in a 10 race meeting, or 5th, 6th and 7th race in a 11 race meeting). There is also a consolation prize which requires the punter to select correctly the 1st, 2nd and 3rd horses in any order in the first two Legs of the three nominated races.
The race cards for each meeting can be found on the Hong Kong Jockey Club website and gives details of Horse No. last 6 runs, jockey silks, Horse Name, Wt carried in lbs., Jockey, Draw, Trainer, Rating, Rating +/-, Horses Wt, Headgear worn.
Draw statistics are provided for each race distance
Results for all past races including reports on incidents during the race
Statistics are available for jockeys and trainers including prize money
Comprehensive data on all the horses including ratings and health records
Armed with this information it is possible to create systems to drastically reduce the fields and end up with 4-6 runners to finish in the first three.
A typical system would assign points to a number of criteria:
1. Odds – few gain a place with odds greater than 40.0 and quite a few pools are won where all qualifiers have a price less than 21.0
2. Total the values of the last 6 runs – the average is 32 so eliminate anything greater than 50 (if there are 3 runs or less assign a value of 32)
3. Assign a value to each trainer based on their results
4. Assign a value to each jockey based on their results
5. Establish a relationship between the weight carried and the weight of the horse and assign a numerical value
6. Establish a relationship between the horse rating and whether it is + or – then assign a numerical value
7. Use the draw stats to assess draw bias
Automate your criteria with a spreadsheet and run it with ongoing and past data – you will be surprised at how close you can get to coming up with the first three in any race.
To place bets on racing in Hong Kong you will need to apply for a betting account by applying in person at one of the off-Course Betting Branches at either Sha Tin or Happy Valley racecourse.
Easy Lays System