Sunday, 2 April 2017

Grand National 2017 - In-Depth Analysis Of A 100/1 Shot

The Grand National is coming around again and, as ever, we’ll be delving deep into past races, form and stats to attempt to uncover the value in what is widely considered one of the toughest, if not the toughest betting races of the year.

As usual, the first port of call in a National for me is trends. There are many long-standing trends which have been used for years. Of course, the race is always adapting – in recent years we’ve had French-bred winners, which was previously unheard of, along with a horse putting in a massive performance to win off top weight. The aim when looking at the race from a trends perspective is to respect the long-standing trends but attempt to keep up to the minute as things change.

This has proven to be a successful strategy in the past, and a particular high point of The Parade Ring’s coverage over the past few years was undoubtedly Pineau De Re’s win in 2014 at a nice price. We also had a place the previous year, albeit at a relatively short 12/1. We drew a blank with three selections in 2015 but, although we can’t claim to have selected the winner as such, Rule The World was a Saturday Stats selection at 50/1 last year.

We will be looking at the race comprehensively later on, with a number of selections likely considering the prices we generally bet at in the National. However, as a quick taster, I’m going to go through the process we use by looking in detail at one particular horse – the 100/1 shot Drop Out Joe.

Trends

Firstly, we’re going to look at trends. I use over 20 trends to look at the race, and have sorted them into certain groups. It’s important that we look at the trends in this order as some horses may fail on a couple of trends for a single reason and we need to try to spot these cases – in other words, some trends may overlap, and this can skew a horse’s final score. So, here are the trends we use:

Age

 1)     A) 10 of the last 10 winners were aged 8-11. These horses also filled 38 of the 40 places in the last 10 years. All 3 winners aged 8 in the last 10 years had finished in the first 5 in the Hennessy Gold Cup earlier that season, so in theory we should be looking for a 9-11yo or an 8yo which finished in the top 5 in the 2016 Hennessy.

         B) However, as we mentioned, the race is changing rapidly, and it’s worth noting that 15 of the 16 finishers in last year’s race were aged 9 or younger. On that basis, we could be looking for a horse under the age of 10 these days.

2)     8 of the last 10 winners were 2nd, 3rd or 4th season chasers. The 4th season chasers which have won the race tend to have had some outstanding form as novices or early in their chasing careers, but this is something we’ll look into at a later stage.


Drop Out Joe gets 2 out of 2 here, regardless of which age stat we’re using. He’s 9 years old and a 3rd season chaser.

Fitness

3)     10 of the last 10 winners had run since the National weights were announced, which this year was February 14th.

4)     10 of the last 10 winners had run between 3 and 6 times since September 1st.



This is Drop Out Joe’s main fault – he has been off the track since June 26th, 2016. This is an issue we’ll address in greater detail later on.

Ratings & Weights

5)     While 9 of the 10 winners from between 1999 and 2008 didn’t fit this trend, 8 of the last 8 winners were rated 143 or higher. This is a clear change in the race which now attracts classier horses, and these horses (OR 143+) have filled 27 of the 32 places in those 8 years.

6)     8 of the last 10 winners carried no more than a stone higher than the bottom weight.

7)     8 of the last 10 winners had previously been rated at least 148 at some stage in their career.

8)     Again, we are looking for a classy type – 8 of the last 10 winners had won a chase worth at least 29k.

Drop Out Joe is rated 152. We don’t know the final field yet, but Drop Out Joe carries 11 stone and it’s hard to imagine that anything will run carrying less than 10 stone. He also fits number 7 based on his current rating, and has won chases worth 45k and 34k.

Racing Post Ratings

9)     7 of the last 10 winners had achieved a Racing Post Rating of 146 or higher on their last chase start.

10)     9 of the last 10 winners had posted a Racing Post Rating of 147 or higher at a chase over 3 miles or further at a left-handed track.

11)     8 of the last 10 winners had posted a Racing Post Racing of 134 or higher in a chase over 3m 4f or further.

12)     10 of the last 10 winners posted their career high RPR in a chase over 3 miles or further.

13)     9 of the last 10 winners posted their career high RPR at a left-handed track.

Drop Out Joe posted 155 on his last chase start. This also covers number 10 (it was over 3m 2f at the left-handed track of Uttoxeter). He hasn’t yet posted an RPR of 134+ in a chase over 3m 4f+. His career high RPR was his last start, so he fits numbers 12 and 13.

Chasing Experience

14)     10 of the last 10 winners had run in at least 10 chases.

15)     8 of the last 10 winners had won between 3 and 5 chases.

16)     8 of the last 10 winners had run in between 1 and 9 handicap chases.

17)     10 of the last 10 winners had won between 0 and 3 handicap chases.

18)     9 of the last 10 winners had won a chase over 3m or further.

Drop Out Joe has run in 12 chases, won 4, ran in 9 handicap chases and won 3, and won his last chase over 3m 2f – so he fits all of these trends.

Miscellaneous

19)     7 of the last 10 winners finished in the top 4 on their last completed start.

20)     9 of the last 10 winners had won no more than 1 chase that season.

21)     16 of the last 20 winners had fallen or unseated the rider no more than twice in their careers.

22)     Prep: Some ideal notes in terms of prep are:
                Finished in the top 3 in a past Welsh National
                Finished in the top 3 in a past Irish National
                Finished in the top 9 in the 2016 Scottish National
                Finished in the top 5 in a past Hennessy Gold Cup
                Ran in the Totepoolliveinfo.com Premier Chase or the Pertemps at Cheltenham last time out

Drop Out Joe finished 1st last time out and it was his only start this season. He has never fallen or unseated. He also just about ticks a box on trends, having finished 9th in last year’s Scottish National, just like Mon Mome did before winning in 2009.

Profile

So, Drop Out Joe is given a score of 19 out of 22 on the trends. That’s a total of 3 fails. However, two of them fall into the category of fitness, so we have 2 questions to answer – is he a stayer, and can he overcome the challenge of not having run in the 286 days before the race? Firstly, we’re going to have a look at his profile, and check whether he seems particularly suited to the National based on patterns in his own form.

  • Overall Record: 21 starts – 6 wins – 4 places (all stats in this profile are in the format Runs-Wins-Places)
  • He has previously run once at Aintree, in a class 3m 1f handicap chase in May 2015. He finished 4th of 10 that day. While he didn’t manage to make the frame, it was a decent run and was close to a career best for him at the time. While course form doesn’t tend to be particularly relevant in the National, and this wasn’t over the National fences, a good run around Aintree can’t be a negative.
  • While some consider him to be a horse better suited to a sounder surface (it’s one theory as to why he’s been put away all winter), the stats suggest that he’s versatile in terms of going, with strong records on both good ground (14-4-3) and soft ground (5-2-0). (1-0-1 on anything in between).
  • His last win over 3m 2f definitely showed some strong staying ability (3-1-1 over this trip). He has failed to shine over longer distances, unplaced on three starts over further (over 3m 3f, 3m 4½f and 4m½f). This is a question which we’ll look at in more detail later on.
  • Jockeys – Aidan Coleman has a decent record on him (3-2-0), as does Noel Fehily (9-3-1). Graham Watters has ridden him once, on his last start which he won impressively. It's unclear at the moment who will be riding him in the National - although it won't be Fehily, who rides Blaklion.
  • He has come up short in graded company 3 times but has 2 wins from 2 starts in listed contests.
  • Identical records in big and small fields (13-3-2 in fields of 11 or less, 13-3-2 in fields of 12 or more) so the massive field isn’t a particular worry.
  • No clear preference to be seen between left- and right-handed tracks (13-3-4 and 8-3-0 respectively).
  • Also no clear preferences to be seen between flatter and more undulating tracks (15-3-4 on flat tracks and those with slight undulations, 6-3-0 on more undulating tracks).
  • Runs well after a break – 3-3-0 after over 120 days off, 17-3-4 after a shorter break.
  • Best record early in the season (8-6-0 between June and November, 12-0-4 later on in the season). This is the main negative I can spot through the profile, but I reckon it could be explained by the stat above. His average break before a run from June-November is 86 days, while his average break before a run from December-May is 43 days. We’ve just figured out that Drop Out Joe is at his best after a longer break, so it stands to reason that he would have a better record from June to November, when he is generally running after longer breaks. All three of his favoured runs after a break of over 120 days came between June and November, so it makes sense that he would have a better record early in the season and it’s not a worry for us here.
So, the profile leaves us with no real negatives for the race – one potential issue is cancelled out by another strong positive. The profile hasn’t quite told us whether he’s going to stay the National trip, but has given us a strong argument as to why we shouldn’t be particularly worried about the long break before the race.

We’ve looked at Drop Out Joe’s chances both by looking at trends (in which he performs better than the vast majority of runners) and his profile. We’re still left with two questions to answer – will he stay, and is his strong record after a long break enough to justify supporting him in a Grand National, despite the strong trends which state that a horse needs a recent run? Let’s look at the latter first.

Race Fitness

For a start, I’ve looked back at horses running in the Grand National after a break of over 120 days. In the past 10 years, 18 horses have done so, none have won and 2 have managed to make the frame. However, how many of them had records as strong as that of Drop Out Joe after a break? In the table below, I’ve listed the horses to have attempted the feat. “121+ Before National” shows what their record was after breaks of over 120 days at the time that they ran in the National. “121+ Career” shows what that record looked like at the end of their careers.

Year
Horse
Odds
Finished
121+ Before National
121+ Career
2007
Eurotrek
16/1
PU
3-2-0
5-2-1
2007
Longshanks
14/1
7th
4-2-0
5-2-0
2007
Bothar Na Na
20/1
PU
1-0-0
5-0-2
2009
Zabenz
100/1
F
2-0-2
3-0-2
2009
Eurotrek
80/1
PU
4-2-0
5-2-1
2010
State Of Play
16/1
3rd
6-3-1
9-3-3
2010
Irish Raptor
33/1
F
4-1-1
6-1-1
2011
State Of Play
28/1
4th
7-3-2
9-3-3
2011
Or Noir De Somoza
50/1
F
0-0-0
2-0-0
2011
Backstage
16/1
10th
3-0-1
5-0-1
2012
State Of Play
40/1
UR
8-3-3
9-3-3
2012
Arbor Supreme
100/1
UR
5-1-0
7-1-0
2012
West End Rocker
16/1
F
4-1-1
8-2-3
2013
Balthazar King
16/1
15th
5-4-1
10-6-1
2013
Lost Glory
50/1
PU
3-1-0
4-1-0
2015
Balthazar King
17/2
F
8-6-1
10-6-1
2015
Court By Surprise
33/1
PU
4-1-2
7-1-3
2015
Shutthefrontdoor
6/1
5th
3-2-0
6-2-0


Highlighted in the above list are the horses which had a stronger record after a break over 121 when running in the National. These were selected very unscientifically and it’s dangerous to make judgements like this in hindsight, but it’s fair enough to say that these records would have stood out at the time. It’s also worth noting that note of these, except for Balthazar King, boast records quite as impressive as Drop Out Joe’s 3 wins from 3 starts.

These lay-off specialists’ runs in the National gave the following results: 16/1 PU; 14/1 7th; 80/1 PU; 16/1 3rd; 28/1 4th; 40/1 UR; 16/1 15th; 17/2 F; and 6/1 5th. P7P34U0F5 isn’t a particularly bad line for a set of Grand National horses – in fact, these horses took up 6% of the top 5 places from just 2.29% of the total field. As is often the case with data, it can be looked at from many angles, but we could actually make a case here that these lay-off specialists overachieved in the race when coming into the National following long breaks.

Balthazar King’s story argues the opposite. He’s the clear specialist in the table above, but contested the National three times – twice after a long lay-off, and once after a break of just 24 days. It was after this short break that he managed to finish 2nd in 2014. However, we can never expect the results to be exact and there are always going to be exceptions. We should also bear in mind that we don’t know how well he might have run in 2015, when he was travelling nicely when he fell at the 8th fence – it was too early in the race to make any claims about his chances or lack thereof.

Seeing 3 of the 9 lay-off specialists in the last 10 years managing to make the frame certainly gives confidence and, with that in mind, I’m not overly worried about Drop Out Joe’s failure to meet the trends regarding a recent start.

Staying Ability

Another question remains: will Drop Out Joe stay the trip? National winners in the past 10 years have either produced a certain level of form over 3m 4f+ or hadn’t run over such a long trip. Drop Out Joe, on the other hand, has run over a longer trip than 3m 4f, and hasn’t run particularly impressively.

However, when watching race footage of Drop Out Joe, any punter will claim that he’s crying out for a longer trip and looks a natural stayer. It’s also worth noting that he has never run over a longer trip after his preferred long lay-off. Two races over 3m 4f+ is a very low sample size and it’s hard to fault a horse on this, based on the fact that he finished 9th in a Scottish National and ran poorly in a Bet365 Gold Cup. Each race was Drop Out Joe’s 5th start in that particular season, hardly ideal for a horse which we think needs a rest between runs.

While this may be a slightly bigger question mark than the lay-off, it’s not a massive cause for concern.

Other Notes

One other positive and one other negative which I think I should include:

Firstly, it’s nice to note how well the form from Drop Out Joe’s last win is working out. Pacha Du Polder, who was 7 lengths behind in 3rd, has won 2 of his 3 subsequent starts, including the Foxhunter Chase at the Cheltenham Festival. Gas Line Boy has also won since, while Menorah has placed in both subsequent starts, both grade 2’s. All of this bodes well for Drop Out Joe’s chances.

However, there are some question marks over his jumping and he has been known to make the occasional bad mistake. The Aintree fences are a truly unique test and it’s very hard to know how a horse will take to them. Drop Out Joe has never fallen or unseated his rider in the past and it’s almost impossible to tell how well he’ll jump in the National, but a couple of past blunders could be potential worries.

Value

As always, one factor stands out above the rest. While I’m not arguing that Drop Out Joe should be the Grand National favourite, he is worth a bet because he should be a shorter price than the 100/1 currently available. At the time of writing, 6 firms are currently offering those odds but BetVictor are definitely the best option of the 6, with ¼ of the odds and 6 places. That’s 12/1 on your stake if he manages to finish in the top 6.



SELECTION: DROP OUT JOE E/W 100/1 (6 PLACES)

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