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INFORMATION & DATA ANALYTICS

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QUANTITATIVE SOLUTIONS
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CORRELATION ESTIMATION TABLE

The Correlation Estimation Table (CET)

The Correlation Estimation Table (CET) analysis program is able to determine which horses in a particular race meeting are most probably going to finish within the top four to five positions. The CET analysis of a race meeting is undertaken by correlating three variables; namely, “distance”, “weight” and “time”.

The top performing horses are determined by looking retrospectively at certain races that a particular horse has run in its most recent/past races. Based on the CET analysis each horses’ past (average, median & best) performance over a particular (and specific) distance is reduced to a single “CET-Correlation” value.

This value is what determines the position that a horse is most likely to finish. In other words the correlation of the horses’ “distance/weight” compared to “time” over a given period (the number of races may differ depending on the history of the horse) would make it possible to gauge which horses are most likely to finish in the top of the field.

The smaller the value of this “CET-Correlation” the quicker the time it would be for such a horse to finish in a specific race. The reverse is also true, the higher the value implies that these horses are most probably going to finish at the back of the field. This implies the higher value the longer the time to finish the race; and the lower the value implies a quicker time to finish the race. The entire field of a race meeting is then ranked in order of positions based on this correlation value.

CET analysis system is purely statistically...
Note that the CET analysis system is purely statistically based and hence does not take account of factors such as the breed, trainer, jockey, “inside information”, betting/odds, course or conditions, etc. It focusses statistically on the past track record of the horse, and therefore is unable to determine the outcome when a horse has never run, or has never run specific distances.
The greater the analytical science applied...
Note that horse racing can never be an exact science, but we believe that the greater the analytical science applied in determining the outcome, the greater is the potential for winning. Therefore the objective is to be cautious when engaging in horse race betting as no guarantee can be assured.
For more information on the CET Analysis program visit www.cetanalysis.com