For Jim; Speed Ratings and Calculation of a Rating.
If you look at the four lines that I posted on The Friday Night which included the George Main Stakes race as shown below; it recorded that even limited to the horses last three runs of form, from the UNITAB site data, can provide some common sense. After all if some of the Racing has nothing to do with SPEED then you might as well pack up and just buy LOTTO tickets.
RF210910 rw62509f * RACE NAME ID* [ GEORGE MAIN STAKES 1600 metres.]
RF210910 RW62509F * SPD ORD TABNO [ 3 8 7 4 6 1 2 5 ] TOP5 HIHIT *
RF210910 RW62509F * WMSPD ORD TNO [ 3 8 4 7 1 6 2 5 ] TOP5 HIHIT GW*
RF210910 RW62509F * L600 FSPD T10 [ 4 3 8 7 5 2 1 6 ] TOP6 HI HIT*
RF210910 RW62509F * SIMUL PACE ALL[ 8 7 3 4 5 1 6 2 * DBLCHK
Final Placings were 8 More Joyous, 7 Trusting, 4 Emporers Choice, 2 Danleigh, 3 Black Piranha.
To clarify the line headings:
SPD ORD TABNO = HORSE NOS IN SPEED ORDER High To LOW.
WMSPD ORD TNO= TAB NUMBER IN SPEED ORDER HIGH TO LOW modified by the weight change today from last race.
L600 FSPD T10 = TAB NOs in Order of LAST RACE FINISH SPEED Over the last 600 metres (data available in newspaper)
SIMUL PACE ALL = TAB NOs in Order of A Simulated Pace Rating For the Horses Last Race. ( This is a very crude Approximation from the only easily available data.)
To calculate any Speed type rating, of a previous run, the base formula is:
SPEED RATING = 100 - (( RACE TIME secs - COURSE RECORD secs ) / 5 ) - LENGTHS OFF WINNER