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<p class="MsoNormal"><span style="mso-fareast-language:EN-US">Not sure, but perhaps, how did he seem when interviewed?<o:p></o:p></span></p>
<p class="MsoNormal"><span style="mso-fareast-language:EN-US"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span lang="EN-US">From:</span></b><span lang="EN-US"> Racing <racing-bounces@ausrace.com>
<b>On Behalf Of </b>norsaintpublishing@gmail.com<br>
<b>Sent:</b> Saturday, 25 February 2023 8:37 PM<br>
<b>To:</b> AusRace Racing Discussion List <racing@ausrace.com><br>
<b>Subject:</b> Re: [AusRace] NOT Read Rating - a system<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal">Ah, I didn't know that. Does that mean his HK venture has finished? <o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal">On Sat, 25 Feb 2023 at 16:42, Race Stats <<a href="mailto:RaceStats@hotmail.com">RaceStats@hotmail.com</a>> wrote:<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Mark Read had a stroke a few years back perhaps, that explains it.<o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">When he ran the bookie website his ratings were the best.<o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><b><span lang="EN-US">From:</span></b><span lang="EN-US"> Racing <<a href="mailto:racing-bounces@ausrace.com" target="_blank">racing-bounces@ausrace.com</a>>
<b>On Behalf Of </b><a href="mailto:norsaintpublishing@gmail.com" target="_blank">norsaintpublishing@gmail.com</a><br>
<b>Sent:</b> Friday, 24 February 2023 8:22 PM<br>
<b>To:</b> AusRace Racing Discussion List <<a href="mailto:racing@ausrace.com" target="_blank">racing@ausrace.com</a>><br>
<b>Subject:</b> Re: [AusRace] NOT Read Rating - a system</span><o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Had the Beggs book years ago but somehow it disappeared into the ether. Saw Read interviewed recently courtesy of the Wolfden racing club and he appeared to be lounging around in
the Yarra Valley somewhere. <o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">I notice he hasn't updated his HK managed fund website for a couple of years now. Hard to imagine he's run aground. <o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">On Fri, 24 Feb 2023 at 19:56, Tony Moffat <<a href="mailto:tonymoffat@bigpond.com" target="_blank">tonymoffat@bigpond.com</a>> wrote:<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">This is NOT the method used by Read Ratings - info from Don Beggs<br>
Mr Read has not commented on what he does, two of his ex-staff have said<br>
the following is nonsense and definitely NOT the Read Rating Method.<br>
<br>
<br>
Anyway, the NOT Read Rating system goes like this<br>
<br>
(not first up) Won, 25, 2nd but within 1 length 25, 2nd otherwise 20, 3rd<br>
15,4th 10, 5th or worse 5 - all runners get a score<br>
(first up) if the runner has won first up score 25, if it has placed first<br>
up (but not won) 20, if it has finished within 5 lengths after a spell, 10,<br>
if it finished further than 5 lengths after a spell, 5.<br>
Caution: it can only be one, or the other, First Up or Not First Up<br>
<br>
(distance) if the runner has won at the distance (+/- 200m) 25, placed at<br>
the distance 15, never raced at the distance 10, raced at the distance but<br>
never placed 5<br>
<br>
(track) as in distance - won 25, placed 15, never raced 10, raced but<br>
unplaced 5<br>
<br>
(strike rate) won 50+% 25, won 20% -50% 15, won 10% -20% 10, won <10% 5<br>
(which included never won a race)<br>
<br>
(earnings) use API and rank the top earners from this - top gets 25, 2nd<br>
20,3rd 15, 4th 10, 5th or less 5 <br>
<br>
(barrier) nil - no suggestions<br>
<br>
(jockey) nil - no suggestions<br>
<br>
(going) nil - no suggestions<br>
<br>
Whiteways (Winning Post ratings) use a similar score earning when<br>
calculating their ratings - the values differ but the form aspects are the<br>
same except no barrier/going/jockey and there is a different sequence in<br>
application of the elements.<br>
<br>
What Mr Read does: <a href="http://www.markread.com.au/our-funds/technology.aspx" target="_blank">
http://www.markread.com.au/our-funds/technology.aspx</a><br>
That is what not how though and there seems to be a lot of decimal points<br>
<br>
Interesting that Joe and Zac (to a lesser degree) caused grief in yearly<br>
returns for a while and that the jockey algorithm was based on Douglas<br>
Whyte.<br>
I don't know specifically what they did/or do. The firm was big on quinellas<br>
when Allsports was operating for them. Exactas too, and the first picks in<br>
exactas were supported as single win picks to a lesser degree.<br>
<br>
The man is in need of a biographer Saintly, interested? And you'd be based<br>
in Honkers may be.<br>
<br>
Don Beggs wrote 'Walk away a Winner' which was his selection system(s) based<br>
on Read Ratings which at that time were on screens in TABS (in NSW). RR gave<br>
out four horses (as race number and horse number) and they had a pager set<br>
up too which were allowed on course (whereas mobile telephones were banned<br>
for a bit). The RR info came through late, twice in 10 minutes then with a<br>
few minutes to the off. The second call may have included shorteners, and<br>
their recommendations about them. Beggs showed that overall the RR were<br>
money making. Not sure what happened in the end, doubt they fizzled because<br>
of non-performance, and was it an attempt to steer the market, somehow? From<br>
the ample records in Beggs book the picks were seldom favourites and<br>
although not named the winners prices of RR selections were handy for the<br>
pocket. Beggs mostly treated the RR as one half of a quinella and had<br>
alternative picks to make up the other half, to score the dividend is what I<br>
am trying to tell you. He didn't box the picks and makes a good case for<br>
doing that. There is 100 plus spreadsheets (data sheets) in Beggs book, a<br>
lot of work.<br>
<br>
See Don Beggs submission to a commission here<br>
<a href="https://www.pc.gov.au/inquiries/completed/gambling/submissions" target="_blank">https://www.pc.gov.au/inquiries/completed/gambling/submissions</a><br>
<br>
Cheers<br>
<br>
Tony<br>
<br>
<br>
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