PREDICTS MELBOURNE CUP 2014 - "The Brain" that stops the nation!

 
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PREDICTS MELBOURNE CUP 2014 - "The Brain" that stops the nation!
PREDICTS MELBOURNE CUP 2014
    “The Brain” that stops the nation!

                                  #BOHOPREDICTS
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PREDICTS MELBOURNE CUP 2014 - "The Brain" that stops the nation!
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.

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PREDICTS MELBOURNE CUP 2014 - "The Brain" that stops the nation!
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%
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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.

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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.

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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

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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

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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

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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

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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.

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