PREDICTS MELBOURNE CUP 2014 - "The Brain" that stops the nation!
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So what is ‘The Brain’? The Brain is Bohemia’s custom built data intellegence platform. The single source of truth that maintains all client, consumer, communications and tribal data. The data powers our attribution model we call Cognito. Cognito allows our clients to understand the effect that every dollar they invest in marketing has on multiple commercial outcomes at variable cadence. The Brain also successfully predicted last year’s Melbourne Cup winner. Essentially in this case it works by amalgamating and analysing numerous different data sets which incorporate key features of a winning Melbourne Cup horse, such as racing form, historical winner’s data, market sentiment and more in one big statistical model that aims to give an idea of who is most likely to cross the finish line first. We are in the business of turning data into competitive advantage for our clients and presenting it in a human and actionable way. We hope this lives up to that promise. The Brain’s predictions Last year Bohemia was exactly 1 second out from predicting the final finishing time for winner Fiorente. This year we hope to go even better. Here are our top 5 predictions with finishing time and current odds. 1ST 2ND 3RD 4TH 5TH MUTUAL FAWKNER PROTECTIONIST ADMIRE LUCIA REGARD RAKTI VALENTINA 3:21:96 3:21:99 3:22:49 3:22:64 3:22:67 $10.00 $7.50 $8.00 $5.50 $7.00 The Brain Learns: What’s new in 2014? This year sees the introduction of a number of new factors for The Brain to consider with the addition of geographical data and detailed research on each jockey providing new dimensions to the model. ‘Why would anyone change a winning formula?’ you ask, but rather than ‘meddling’ we see it as the next evolution of The Brain’s predictive capabilities. #BOHOPREDICTS 2
The Model Contributing to the model’s key areas are 7 data points which are each given a weighting based on their influence in delivering a Melbourne Cup winner. Here’s what goes into The Brains’ algorithm: Common Thread A combination of the common elements that link the past winners of the Melbourne Cup including: age, sex, handicap weight, barrier, saddlecloth, birth country and colour. 15% Winning Ratio A measure of the horse’s previous victories and placements compared to the number of races it has run including distance experience. 20% Homestate Hero An added dimension of thinking for The Brain this year is a number of geographical implications including where the horses were foaled, from which states/ countries the jockeys originate plus the 5% best combinations of horse + jockey nationalities in Melbourne Cup history. New! Form Measured by a factored formula looking at the each horse’s performance over their last ten races, with their most recent performance ranking higher. 30% Jockey Influence This year the jockey’s influence and previous performance over the past 12 months has been 5% integrated into the model to add another dimension to the data. New! Market Sentiment Measured by the starting odds and their movement as a representation of the mood of the market. 10% Social Importance Social chatter from the punting public, betting establishments and key influencers was used to determine a social guidance for each horse. 10% Money Pot A measure of the average prize money won per race as a representative of big race experience and competitive calibre. 5% #BOHOPREDICTS 3
Uncovering the Common Thread What are the things that go into making a Melbourne Cup winner? Below is a breakdown of what makes up the Common Thread of the previous victors. Saddlecloth number Does seem to be of some consequence, roughly 65% of all winners have come from saddlecloth numbers 1-12. With saddlecloth numbers 4 and 12 being the most successful with 11 wins each. Weight Measured by the handicap weight the horse carried to victory. Only four horses have been successful with a weight over 57kg in the last 50 years, with the average weight carried by the winner being 53.5kg. Newcomer Measured by whether the winning horse had run in a Melbourne Cup previously. Over the last 14 years over 70% of the winners had not run the race before. Age Over half the winners of the great race have been aged four or five, with a three year old not winning the race since 1941 and an eight year old since 1938. Gender Females have won the race less than 11% of the time. With horses (not geldings, mares, colts or fillys!) having the best record with 65 wins. Birth country Where the horse was foaled. In the last 50 years 80% of the cup winners were foaled outside of Australia, with 26 of the 50 winners being foaled in New Zealand. Colour The colour of the coat is a distinguishing factor in a racing winner. Only 7% of race winners have not had a brown coat with Bay winning 64 times. Barrier The starting barrier can provide a horse with a random advantage over other runners and can be a deciding factor in the overall winner. More than 68% of winners have come from inside barrier 14, with barrier 18 never producing a winner. #BOHOPREDICTS 4
The Jockeys What use is a great horse without a great rider? This year we have delved deeper into analysing the jockeys that are participating in the 2014 race and how their previous performances can play a key part in which horse wins this year’s Melbourne Cup. Weight With every horse being handicapped to varying degrees for each race, the other people that have to adapt are the jockeys. The Brain has absorbed the past 12 months’ worth of data for each jockey riding horses at varying weights and determines their potential success on their ride for the Melbourne Cup. Barrier Distances Not only horses prefer Every race requires different starting from a specific tactics, especially with the barrier, the jockeys also Melbourne Cup covering a know that where they start huge 3200m. The model will likely impact where they looks at how many long finish. The Brain analyses distance races the jockeys the success of each of the have ridden in recent times starting jockeys and their and whether they have what it previous performance when takes to judge that final sprint given a specific barrier. to perfection. Field Size The Melbourne Cup’s traditional field of 24 horses is unusually large for any horse race, which means one key factor for the model to take into account is how well a jockey handles his horse with so many other jostling for position. Some will be more experienced than others, some will just get lucky. #BOHOPREDICTS 5
Homestate Hero Could it be possible that where a horse is foaled or where a jockey is born have any influence over whether their eventual combined partnership can lead them to Melbourne Cup glory? The Brain once again turned to the history of the Melbourne Cup to provide the insight. Below you’ll find the states and countries that have been the most successful for producing Melbourne Cup winning jockeys and horses over the past 50 years. But we didn’t stop there. You’ll also find the best combinations of jockeys from one particular place with horses from another, and vice versa. The perfect partnership? Maybe. Jockey’s homestate Key Kiwi winners Birthplace of horse Number of cups won Birthplace of jockey #BOHOPREDICTS 6
Other Ways to Bet There are numerous ways and reasons to back different horses and here the data team gives their recommendations if you were only to make your decision on one isolated factor: Form 1 2 3 If you were to take form alone as your deciding factor, then these three horses would be worth a look: Gatewood Mutual Regard Protectionist Winning Ratio 1 2 3 A winning mentality can be a great indicator for deciding whether a horse has what it takes to win the cup. Here’s the top three horses that have Who Shot Thebarman Signoff Mutual Regard placed and won at the distance before: 1 2 3 Colour 92% of all previous winners have had a brown coat. Here’s our top picks of brown horses in this year’s field: Protectionist Signoff Lucia Valentina Odds 1 2 3 The bookmakers and betting sites may well attempt to influence betting patterns, but the favourites are favourites for a reason. Here’s this year’s bookie’s picks: Admire Rakti Signoff Protectionist What history tells us Times 3 MINUTES 35 SECONDS _____________________________________________________ 1861 – 1900 3 MINUTES 27 SECONDS ___________________________________________ 1901 – 1940 3 MINUTES 23 SECONDS __________________________________ 1941 – 1980 3 MINUTES 21 SECONDS ________________________ 1981 – 2013 35 SECONDS IS THE TOTAL IMPROVEMENT IN RACE TIMES OVER THE PAST 153 YEARS 18 THE ONLY 5 AND 11 65% ARE THE MOST SUCCESSFUL HAVE WORN SADDLECLOTH BARRIER TO BARRIERS WITH 15 WINS NEVER PRODUCE BETWEEN THEM 1 TO 12 A WINNER #BOHOPREDICTS 7
What’s In a Name? Let’s face it, horse racing isn’t just about the numbers. Everyone, at one stage or another, has picked a horse based on its name. There probably isn’t a more fun way to watch horse racing than when a horse is running and its name has some obscure affiliation to you. Paying homage to this time honoured tradition, the data team decided to delve into the Melbourne Cup history books once again in an attempt to apply a little science and offer some help when picking your horse purely based on its name. The Jockeys The Horses First Names Names History tells us that the winning jockey’s first name should begin with either a J, R or W taking out a A little less clear cut than the jockeys, horses with names beginning with B, G, M, P, S or T are the combined 38% of races since the Cup began. most successful which account for 47% of all winners in the Melbourne Cup. J R W B G M P S Surnames Whilst a jockey’s surname should begin with a C, D, M or S which make up a combined 43.5% 2014? of all Melbourne Cup victories. JAMES MCDONALD C D M S riding American outsider Willing Foe or JOAO MOREIRA on the well-backed Signoff #BOHOPREDICTS 8
Word on the Street Last year saw the influence of social media taken into account when picking the top 5 recommendations. In the end, it played a large part in convincing the team that Fiorente would be victorious over its closest rivals and as such, the metric has been retained as an influential part of the model. Twitter data is pulled in real time right up until the morning on the day of the race with key influencers from the racing world given more value than the average punter. The 5 streams we evaluate are split as follows: BETTING SITES ENTHUSIASTS & JOURNALISTS RACING MEDIA GENERAL PUBLIC PROFESSIONALS Big promoters of their Their day to day job is The publishers themselves Anyone in the public own odds and often Trainers, jockeys or anyone reporting on the horses, who are more likely to print domain with a Twitter attempt to influence else with a specialist reading the form and stories aimed at increasing account that has chosen betting patterns knowledge of the industry often tipping a winner. readership in a competitive to tweet their opinion, often working closely with Without working as industry. tips or simply a passing close to the horses as statement which mentions horses and owners the professionals, can one or more of the their information be Melbourne Cup field. completely accurate? 1 2 3 4 5 BETTING SITES FAWKNER ADMIRE RAKTI SIGNOFF LUCIA VALENTINA JUNOOB ENTHUSIASTS & RED CADEAUX FAWKNER ADMIRE RAKTI BRAMBLES MUTUAL REGARD PROFESSIONALS JOURNALISTS ADMIRE RAKTI FAWKNER SIGNOFF MY AMBIVALENT LUCIA VALENTINA RACING MEDIA ADMIRE RAKTI FAWKNER SIGNOFF LUCIA VALENTINA RED CADEAUX GENERAL PUBLIC ADMIRE RAKTI FAWKNER MUTUAL REGARD PRECENDENCE PROTECTIONIST #BOHOPREDICTS 9
Sweepstake + Quick Fact + The Brain’s Ranking 1. ADMIRE RAKTI 3. FAWKNER 4. RED CADEAUX Gate: 8 Jockey: Zac Purton Gate: 9 Jockey: Nick Hall Gate: 15 Jockey: Gerald Mosse = 625.39 = 645.35 = 448.67 PREDIC.TIME 3:22:64 ODDS $5.50 PREDIC.TIME 3:21:99 ODDS $7.50 PREDIC.TIME 3:26:35 ODDS $19.00 Winner of the 2014 Caulfield Cup, the Winner of the 2013 Caulfield Cup and Amassed $7m in prize money to date race considered the greatest indicator for placed 2nd in this year’s Cox plate just and has twice finished runner up in the success in the Melbourne Cup.The Bookies over a week ago. Melbourne Cup. Could go one better today. favourite. 2. CAVALRYMAN 5. PROTECTIONIST 6. SEA MOON Gate: 3 Jockey: Craig Williams Gate: 11 Jockey: Ryan Moore Gate: 18 Jockey: Tommy Berry = 535.85 = 633.31 = 295.14 Has won 3 of his 4 races this year and PREDIC.TIME 3:22:49 ODDS $8.00 Scratched from the race early on Monday wont be overawed by the occasion having morning. Has placed in 8 out of his 9 career starts run in 2012. with 4 of them victories! Knows how to win. SCRATCHED SCRATCHED 22. LUCIA 14. MY VALENTINA 7. SEISMOS AMBIVALENT Gate: 2 Jockey: Kerrin McEvoy Gate: 1 Jockey: Craig Newitt Gate: 4 Jockey: Zac Purton = 614.95 = 401.48 = 540.66 PREDIC.TIME 3:27:66 ODDS $81.00 PREDIC.TIME 3:22:67 ODDS $7.00 PREDIC.TIME 3:24:69 ODDS $41.00 Finished 3rd in the Caulfield Cup Winner in Germany over 2400m and Finished 3rd in a strong field at the and was the winner in this year’s again in the Geoffrey Free Stakes Dubai Sheema Classic earlier this year. Turnbull Stakes. Looks in fine form. earlier this year. 12. WHO SHOT 9. ROYAL 8. JUNOOB THEBARMAN DIAMOND Gate: 7 Jockey: Hugh Bowman Gate: 13 Jockey: Glen Boss Gate: 6 Jockey: Steven Arnold = 481.20 = 515.26 = 444.77 PREDIC.TIME 3:26:13 ODDS $26.00 PREDIC.TIME 3:25:39 ODDS $13.00 PREDIC.TIME 3:26:68 ODDS $81.00 Back to back winner of the Hills Besides a great name, has won over Has won at 3200 meters before stakes and Metropolitan so knows 3200m in the Aukland cup. so can go the distance. the winning feeling. 11. MUTUAL REGARD 10. GATEWOOD 13. WILLING FOE Gate: 12 Jockey: Damien Oliver Gate: 22 Jockey: William Buick Gate: 17 Jockey: James McDonald = 657.25 = 554.91 = 518.32 PREDIC.TIME 3:21:96 ODDS $10.00 PREDIC.TIME 3:24:21 ODDS $61.00 PREDIC.TIME 3:24:74 ODDS $23.00 Has placed an incredible 14 out of Winner of the 2013 Caulfield Cup and Has won at both 2800m and 2600m 17 starts and is comfortable at the placed 2nd in this year’s Cox plate just so should have no issue with distance. Will be in the mix. over a week ago. the distance. 15. PRECEDENCE 16. BRAMBLES 17. MR O’CEIRIN Gate: 20 Jockey: Michael Rodd Gate: 19 Jockey: Luke Nolen Gate: 19 Jockey: Chad Schofield = 381.08 = 450.00 = 308.71 PREDIC.TIME 3:28.68 ODDS $71.00 PREDIC.TIME 3:26:16 ODDS $71.00 PREDIC.TIME 3:29:71 ODDS $201.0 Trained by the great Bart Cummings Finished 4th in the Caulfield Cup Foaled in New Zealand, a country with the most Melbourne cup wins. this year and placed in the with a strong pedigree for producing Could Precedence be his Turnbull Stakes. Melbourne Cup winners. 13th victory? 20. OPINION 18. AU REVOIR 19. LIDARI Gate: 14 Jockey: Tye Angland Gate: 23 Jockey: Glyn Schofield Gate: 10 Jockey: Ben Melham = 410.99 = 430.81 = 446.67 PREDIC.TIME 3:26:98 ODDS $61.00 PREDIC.TIME 3:26:90 ODDS $71.00 PREDIC.TIME 3:26:49 ODDS $81.00 Finished 2nd over 3200m in the Finished 2nd in this year’s 2013 Sydney Cup so has what it Hasn’t finished outside the top 6 Turnbull stakes. takes to win at the distance. in his last 10 races. A chance for a place. 21. ARALDO 23. UNCHAIN 24. SIGNOFF Gate: 24 Jockey: Dwayne Dunn MY HEART Gate: 16 Jockey: Joao Moreira Gate: 5 Jockey: Dean Yendall = 483.11 = 603.97 PREDIC.TIME 3:25:65 ODDS $26.00 = 402.21 PREDIC.TIME 3:23:01 ODDS $7.50 PREDIC.TIME 3:27:65 ODDS $81.00 Has a strong finish. Moved up from 11th to 5th in this year’s Peaking at the right time with a Remarkably, jockey Dean Yendall has Caulfield Cup in the last 400m. dominant win in the Lexus Stakes 36 wins in the past 12 months when to claim a place in the Melbourne starting in barriers 4, 5 or 6 . Cup.
The team behind the prediction. Contact: Steve Wright - Group Data and Attribution Director stevew@bohemiagroup.com.au bohemiagroup.com.au Quick disclaimer Please note that this model is not intended to be taken seriously. It has been produced with the primary purpose of enjoyment. Bohemia and the Bohemia Data and Attribution team have limited knowledge of horse racing and in no way does this document constitute professional advice nor should you rely on the contents of this document when undertaking any gambling activities. No warranty (express or implied) is given to the accuracy or completeness of the information contained in this document. For help and advice, visit gambling help online (www.Gamblinghelponline.Org.Au) or phone 1800 858 858. #BOHOPREDICTS 10
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