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Full Overview of the 2nd favourite horse racing system …
https://thetrader.bet/betfair-trading/horse-racing/2nd-favourite-system/
Yearly, second favourites win approximately 20% of races. Further research reveals that 50% of the time, either the first or second favourite horse wins the race. This is why you should know about the 2nd favourite horse racing system. It implies placing a lay bet on the second favourite. It is the opposite of what regular gamblers do.
How Often Does the Favourite Win in Horse Racing?
https://www.bettingoffers.uk/articles/how-often-does-the-favourite-win-in-horse-racing/
Favourites should win a higher percentage of races than second favourites, which should, in turn, win a higher percentage than third favourites and so on. To investigate whether or not this theory holds true in practice, we examined the results of every race held in Great Britain between 2002 and 2021, producing the results in the table below.
How Well do Horse Racing Favorites Perform? - A Game …
http://agameofskill.com/how-well-do-horse-racing-favorites-perform/
Here are the average win rates for the wagering public’s favorite, on average, at racetracks across the nation: Favorites Win 37% of the time Favorites Place (run 1st or 2nd) 59% of the time Favorites Show (run 1st, 2nd or 3rd) 71% of the time Consider these numbers the next time you place a horse racing wager!
How often does the favorite win a horse race? - BETMIX
https://betmix.com/how-often-does-the-favorite-win-a-horse-race/
The favorites in these 8 horse races won 35.4% of the time and ran worse than that 64.6% of the time. Worse could be anything from 2nd through 8th. The 2nd betting choice ran as expected (2nd) 20.7% of the time and ran better than expected 21.6% of the time and ran worse than expected (3rd through 8th) 57.7% of the time.
Horse Racing Favourites : Statistics on the Favourite
http://horseracebase.com/horse-racing-favourites.php
Favourites Information & Help The favourite in a horse race is the shortest priced runner in the odds market. Visit here to learn more about horse racing odds
Betting The Favourites For A Profit - Inform Racing
https://www.informracing.com/betting-the-favourites-for-a-profit/
The biggest profit made on the Exactas was for £37.30 in the last race at Hamilton where the 4/1 favouite beat a 10/1 shot into second. The Exacta paid out £46.30, less £9 as it was a ten runner race making £37.30 as the profit made. Had all of the winning Exactas paid out this amount, then you would have made £175.80 on the day.
Betting Against False Favorites - Horse Racing Gold
https://horseracinggold.com/Betting_Against_False_Favorites_article.htm
Second - your average exotics payoffs would go way up. The false favorite (or close second favorite) would never again be used in the top spot - or usually even in the second spot. You could throw all those "saver" bets with the favorite included out the window and use that money to load up heavier on the better paying combinations.
Backing Favourites: The Way to Profit? - On Course Profits
https://www.oncourseprofits.com/backing-favourites-the-way-to-profit/
Favourites Clear Co and Joint 1686 winners from 5377 for a 31% Strike Rate and – £422 Granted you would still have lost backing all favourites during the season just gone but the loss would be a more manageable -7.85%. So, the proportion of races won by the favourite is running at a healthy 33%. Taking this a bit further.
Australian Horse Racing Statistics - How Often Does The …
https://www.kruzey.com.au/australian-horse-racing-statistics-how-often-does-the-favourite-win/
Number 1 is the favourite, number 2 is the second favourite and so on. Note that dead heats and equal favourites affect the total number of races. The profit shown is the total of all monies returned on the winner less the total number of races – EG if you put a $1 (1 unit) bet on each available race, this would be your profit.
The stats tell the tale THOSE TOP 6 FAVOURITES - Practical Punting
https://practicalpunting.com.au/pp-online/a-z-of-betting/favourites/statistics/those-top-6-favourites-20061221
Second favourites won 128 races, third 106, fourth 70, fifth 65 and sixth favourites won 31. These are strike rates of 26 per cent, 19 per cent, 16 per cent, 11 per cent, 10 per cent and 5 per cent. Interestingly, favourites had an average dividend of $2.80 (about 7/4) but showed a dramatic 25 per cent loss on turnover.
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