Last Years Form

by Jared Kennedy
January 9, 2008

The Kentucky Derby and the trail leading towards it is one of the most captivating aspects of this sport. Derby Fever as it’s called grips just about everyone involved in racing from the hardened old fan to the small time trainer with a promising three year old.

One of the ways my Derby fever manifests itself is through statistics. I love to do is to compile statistics and specifically I have spent a good deal of time compiling statistics for the Derby and Breeders Cup. Not all statistics are relevant, not all statistics are useful but I think there is some value to be derived from using good statistics to help shape your view of a race. I don’t think one should blindly rely on numbers but it can help you identify some false favorites or some intriguing longshots.

I have spent a great deal of time developing a statistical model for the Derby that combines what I believe to be 20 relevant factors. It’s called the 20-20 system and last year in this space we took an in depth look at prior to the Derby. Unfortunately for the model’s sake it had Scat Daddy as the primary selection. We all know how that turned out but it was a good reminder not to bank too heavily on just what the numbers say. Statistics can paint a lie and because of several unique factors last year (like the Bluegrass being run on Polytrack) it threw a few figures off.

Still I think the 20-20 is a system worth keeping, it still shows a flat bet profit of 25.9% and if you only took the perfect qualifiers you’d have made 382.17%. All that without doing any handicapping at all. Hopefully with a little good sense you could make it even better.

Every Wednesday from now until the Derby I’ll pick one interesting statistic to highlight. The stat may or may not be part of the 20-20 system. Sometimes the best advice you can get is knowing which statistics to stay away from, because there are a lot of crazy ones out there, especially with the Derby.
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Let me start of this years statistical look with saying that I’m glad the Juvenile Jinx has been put to rest. There has never been any validity to it just like years ago people thought it was bad luck to be the favorite. It was simply a case of the wrong kind of horses winning the Juvenile. Street Sense was the first juvenile winner in a long time who had a legitimate chance in the Derby.

As we all start to compile our Top 10 lists we will most likely be picking through a list of accomplished 2yo’s but there is always the temptation to toss in a name that perhaps no one else thought of. Often times those unknown underdogs failed to race as a 2yo. For whatever reason they got off to a late start but they appear to be very impressive so we keep close tabs on them.

Curlin was exactly that kind of horse last year. He burst onto the scene at Gulfstream as a 3yo and made a meteoric rise through the ranks. He ended up running a decent third in the Derby. So are unraced 2yo’s a good group to keep an eye on?

Statistically Curlin would appear to be an exception to the rule. I think looking at what he went on to accomplish confirms the notion that indeed he was not an ordinary horse. Since 1955 44 3yo’s have contested the Derby without having started at two and they achieved a Derby record of 44-0-1-2. Curlin, Strodes Creek and Agitate were the only exceptions. In recent times many of these horses looked quite promising like Pulpit, Greeley’s Galaxy, Trippi and Showing Up but all of them found the Derby too tough at that stage in their careers. This one is not a myth or jinx folks. It takes an exceptional horse to go through the conditions and overcome the lack of foundation. The Derby is a very tough race and horses need all the experience and foundation they can get.

Also when considering horses who ran as 2yo’s but failed to win be wary. The statistics do not suggest that it is impossible as Fusaichi Pegasus and Monarchos won the Derby without winning as 2yo’s. But the cumulative record of such horses is 30-2-1-1. Some big name horses like Medaglia D’Oro, Crypto Star, Ten Most Wanted, Flower Alley, Bandini and Balto Star all failed to live up to the hype on Derby day.

7 Responses to “Last Years Form”

  1. Matt Converse Says:

    I think G Galaxi, Trippi were tosses based on pedigree. Balto Star was another toss for me, even off that last race Beyer, it was obvious he wasn’t going to go 10f in the Derby. Scat Daddy and Pulpit were two more I didn’t think would get the 10f. Pupit was OK pedigree-wise but it’s also watching them run and he didn’t look like a 10f type to me. The problem with relying on stats going into the Derby is the stats are all based of 8-9f races, and that’s what makes handicapping this race unique. It is the one race where you have to look at pedigree for the distance. It is the single elebment trhat has helped me the most in recent years. Also, stats from past years like number of starts before the race and so on are becoming less and less relevant due to the changes in training styles.

  2. Jared Kennedy Says:

    “Also, stats from past years like number of starts before the race and so on are becoming less and less relevant due to the changes in training styles.”

    That’s why I don’t use them. I use only what I consider to be relevant stats and they bear out extremely well as you can see from my numbers on the sheet linked.

    Stats aren’t perfect but they’re extremely useful when used correctly. And btw not a single stat used in the 20-20 profile has to do with breeding.

  3. Matt Converse Says:

    I know, that’s why you ended up with Scat Daddy last year!

  4. Jared Kennedy Says:

    And 9 of the last 12 winners.

  5. Matt Converse Says:

    Well, 9 out of 12, I can’t shake a stick at that stat. Hiowever, I do think my “fast enough” one rule theory has about the same number of wins out of the last 12. But about Scat Daddy, it was lack of stamima and a lack of improvement at age three in the stamina that was so clear. I mean, it was TERRIBLE. How many generations in a row have to stagnate at age two to paint the picture? His sire, Johannesburg, was champion at two and did nothing at three. His sire, Hennessey, same story. His sire, Storm Cat, same story. His sire, Storm Bird, same story. So, you have generation after generation of very good two-year-olds not improving at three: Storm Bird, Storm Cat, Hennessey, Johannesburg. Now along comes Scat Daddy, and no surprise he debuts with a 93 Beyer. Fast forward to almost a year later and he’s still running 90’s Beyers. Is that a surprise? I think it’s cases like these where you can see a horse’s pedigree screams loud and clear that this horse is not going to step up and suddenly improve at age three on Derby day. We all know nothing is for sure when it comes to the Derby, but I think pedigree can help weed out the Scat Daddy’s and Balto Star’s. And I need all the help I can get weeding out possible winners, because I always want to play about 10 horses in the win spot. I can honestly say of all the horses I’ve tossed for pedigree reasons, not a single one of them has ever won the Derby, or even done anything in the race. Meanwhile, people who toss a horse for having only two prep races got burned just this past year. A totally ridiculous reason to toss a horse in the year 2007. In 1987 or even 1997, it would have made sense, these days, it makes zero sense. Logic is more important than any statisical trend.

  6. Jared Kennedy Says:

    “Logic is more important than any statisical trend.”

    Agreed, which is why you should look at a blend of the two.

    Two preps is not a bad thing for the Derby, never really has been. The negative aspect is failing to have two preps around two turns. Logic and Statistics bear that out.

    The “Fast Enough” theory is a very good one but just using it on it’s own produces too many options.

  7. Matt Converse Says:

    I agree which is why I have bent my rules a bit and included horses like Barbaro who weren’t quite “fast enough” at 9f, but I felt certain they’d have an advantage at 10f that many of the others would lack. Same reason I picked Rags to Riches in the Belmont, the distance have her an edge she wouldn’t have going shorter.

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