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Finally there is a light at the end of the Tunnel

Dream Chasers Presents
A hairsplitting study of thoroughbred racing in India

This is an automated presentation, press “up” or “down” key if you are in a hurry
Mission Statement
• Making Racing an Exciting Experience
• Wealth Creation for all stake holders
• Promoting Horse Racing as an Investment Option
   – Without much information wagering of money on an event with an
     uncertain outcome is called “Gambling”
   – With Scientifically analyzed information wagering of money on an
     event with an uncertain outcome is called “Investment”

The Team
• Members from the winning team of the highest possible
  technology award in India
• Gold Medalist in all India Software Programming
  competition
• Gold medalist from IIM
• NSG Commando
• Achievers in their respective fields
Market Summary
• Racing Industry existed 600 years before Christ – (Reference in “The
    Richest Man in Babylon”)

•   More than a century old Industry in India - Introduced by the British
•   More than 3000 horses in training
•   More than 4000 mares in breeding
•   85+ breeding establishments & 9 Racing Centers
•   200+ racing days & 1600+ races in a year
•   Multi-Billion INR Industry
•   A Royal Sport with lot of feel of achievement and
    excitement for all involved
Business Concept
• Analisi is a Horse Race Prediction System
  – Analysis through the use of a structured
    frame work
  – Power of Analytics
  – Highly Dynamic & Based on Artificial
    Intelligence
  – Inbuilt Feed-Forward Mechanism
  – Based on measurable parameters
  – More than 7,000 races and 60,000
    runners analyzed
Business Concept
• Divided into Four Parts
  1. Data Collection
     • 150+ direct data points & 3000+ indirect data points
  2. Preprocessing
     • Converting the various data to useful information
  3. Machine Learning & Predication
     • Supervised Learning & Unsupervised Learning
         –   Neural Networks
         –   Classification
         –   Logic – Automated Reasoning
         –   Decision Tree & Regression

  4. Action for Investment
     • Need to observe the race time developments
Analisi – Data Collection 1




                                       Class


Basic details




      Distance




       All common parameters for a particular Race is captured
       through this user interface
Analisi – Data Collection 2
                                             Draw Number &
                                               Equipments
Dam & Sire,
its all in the
    blood

  Owner, avoid
                                                 Track works,
gambling owners                                 Indication for
   Foal Date,                                   fitness of the
   Astrology?                                       horse
  Numerology?                                                                      Runners

Trainer & Jockey,
  better jockeys
get good mounts
                                    Track
                               Preparations,
                                indication to
                               Trainer habits

                 All specific parameters for the particular Horse is captured through this user
                 interface, this is done prior to the race
Analisi – Data Collection 3
     Horses in
  finished order                                                     Presently these info
                                                                     not available. Hope
                          Odds at various                               clubs will do
                              stage                                 something about this.


                         Final position
                            & timing

                        Various trip issues

                                               Steward’s view
                                              about the running
  Pace of the Race
                                                of the horse
a major contributor
 for the final time.
                                                                 Pole position, clear
                                                             indication for running style
     Was it a
                                                                & trainer instructions
  genuine effort
 or preparation?

                       What Happened during the race ? - Even very minute details of all the runners
                       are made available to Analisi through this user interface, this is done after the Race
                       with the help of video
Analisi – Data Collection 4


   TV (Track Variant) per race basis. Multiple
   factors affect the final time of the race, like
   1. Underfoot conditions
   2. Wind direction during the race
   3. Humidity
   4. Caliber of the jockey
   5. Pace of the Race
   6. Weight carried – (Studies shows not much importance)
   TV helps to bring all race time to same
   platform for comparison. Studies shows that
   generalizing TV for a day is not suited for
   Indian turf conditions.




Track Variant for all the races are calculated and adjusted with final time
using this interface. This is an automated process with some human touch
Analisi - Preprocess
• Captain’s Rating
  –   Similar to Bayer’s rating for international viewers
  –    Optimized for Indian Turf and Indian race practices
  –   “Par Time” and “Machine like” reference horses method
  –   Predicative method
       • Predicated rating for every race
       • Horses with rating close to the predicated rating are
         contenders




 Captain’s Rating doesn't rely on miracles
Analisi – Preprocess
• Various Factors : Using Analytics Technology to
  unearth more and more Winning Patterns
   – On Job Factor
      • Whether a particular Horse will be on job or not
   – Jockey Factor
      • Based on jockey’s present form, business & personal
        relationship with Trainer and Owner
   – Odds Factor
      • India have most strike rate for favorite winning, it also
        represent majority’s opinion
   – Trainer, Pedigree, Distance, Track, Class & Form
     Factors
      • Based on multiples of proven theories
Preprocess – Example (Trainer Factor)




This is based on Game Theory: Very useful mathematical model for
conflict situations like trainers strategy in running his horses. Please
refer to link below for more details.
http://en.wikipedia.org/wiki/Game_theory
AI – Decision Tree making its Predication




Decision Tree as a predictive model that take the inputs and predict the
out come of the race. Different Decision Trees like Classification and
Regression Trees employed for Analisi. Please refer to link below for more
details.
http://en.wikipedia.org/wiki/Decision_tree_learning
AI – Neural Network making its Predication




It is a mathematical model inspired by biological neural
networks. Please refer to link below for more details.
http://en.wikipedia.org/wiki/Artificial_neural_network
AI – Bayesian Network making its Predication




Bayesian networks can solve decision problems under
uncertainty by using influence diagrams. Please refer to link
below for more details.
http://en.wikipedia.org/wiki/Bayesian_network
Opportunities – Owners
 –Unbiased opinion on their ward
Opportunities – Trainers
 – Entering horses for right Distance and Class
   hence increasing the win chance
 – Possible views to other trainers race strategy
Opportunities - Jockeys
 – Accepting mounts with realistic chance to win
Opportunities – Investors
 – Well informed decision on investment
 – Avoiding high risk investments
Opportunities – Bookies
 – Knowing the real potential of all runners so
   profitable book making
Risks - Accidents




Racing Accidents :- Nothing much can be done about it.
Still we may avoid races with too many runners
Risks - Fitness




To some extent this problem can be overcome by training
your eyes for paddock look.
      - A Picture perfect horse performs to its
Information on veterinarythe time true of horses on
      - A restless horse fails most of
                                       problem potential
race day are not generally known. weight is a bad sign
      - Increase/Decrease of more than 4% of its
       - We have video tutorial coming-up to help you.
Risks - Malpractices




We may overcome this problem by
    - avoiding races/horses with certain unreliable connections
Crookedness by much fluctuating odds
     - races with too certain Professionals
        - races with many interconnected professionals/owners
Our Thanks & Contact Details
• Artificial Intelligence
   – IIT Kharagpur, India
   – Stanford University, California
 Predication done at Mid-Stage are published at
• www.analisiracing.blogspot.com
  Web Sites
   – www.rwitc.com
   – www.bangaloreraces.com
 For www.indiarace.com
   –
       more info please                contact us at
 analisiracing@gmail.com
   – www.racingpulse.in
   – www.bolrace.com
• Inspiration          Adios
                       Captain
   – Book "Bringing Down the House"          by Ben Mezrich

   – Book "The Richest Man in Babylon" by George Samuel Clason
• Our Family & Friends

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Analisi 121212

  • 1. Finally there is a light at the end of the Tunnel Dream Chasers Presents
  • 2. A hairsplitting study of thoroughbred racing in India This is an automated presentation, press “up” or “down” key if you are in a hurry
  • 3. Mission Statement • Making Racing an Exciting Experience • Wealth Creation for all stake holders • Promoting Horse Racing as an Investment Option – Without much information wagering of money on an event with an uncertain outcome is called “Gambling” – With Scientifically analyzed information wagering of money on an event with an uncertain outcome is called “Investment” The Team • Members from the winning team of the highest possible technology award in India • Gold Medalist in all India Software Programming competition • Gold medalist from IIM • NSG Commando • Achievers in their respective fields
  • 4. Market Summary • Racing Industry existed 600 years before Christ – (Reference in “The Richest Man in Babylon”) • More than a century old Industry in India - Introduced by the British • More than 3000 horses in training • More than 4000 mares in breeding • 85+ breeding establishments & 9 Racing Centers • 200+ racing days & 1600+ races in a year • Multi-Billion INR Industry • A Royal Sport with lot of feel of achievement and excitement for all involved
  • 5. Business Concept • Analisi is a Horse Race Prediction System – Analysis through the use of a structured frame work – Power of Analytics – Highly Dynamic & Based on Artificial Intelligence – Inbuilt Feed-Forward Mechanism – Based on measurable parameters – More than 7,000 races and 60,000 runners analyzed
  • 6. Business Concept • Divided into Four Parts 1. Data Collection • 150+ direct data points & 3000+ indirect data points 2. Preprocessing • Converting the various data to useful information 3. Machine Learning & Predication • Supervised Learning & Unsupervised Learning – Neural Networks – Classification – Logic – Automated Reasoning – Decision Tree & Regression 4. Action for Investment • Need to observe the race time developments
  • 7. Analisi – Data Collection 1 Class Basic details Distance All common parameters for a particular Race is captured through this user interface
  • 8. Analisi – Data Collection 2 Draw Number & Equipments Dam & Sire, its all in the blood Owner, avoid Track works, gambling owners Indication for Foal Date, fitness of the Astrology? horse Numerology? Runners Trainer & Jockey, better jockeys get good mounts Track Preparations, indication to Trainer habits All specific parameters for the particular Horse is captured through this user interface, this is done prior to the race
  • 9. Analisi – Data Collection 3 Horses in finished order Presently these info not available. Hope Odds at various clubs will do stage something about this. Final position & timing Various trip issues Steward’s view about the running Pace of the Race of the horse a major contributor for the final time. Pole position, clear indication for running style Was it a & trainer instructions genuine effort or preparation? What Happened during the race ? - Even very minute details of all the runners are made available to Analisi through this user interface, this is done after the Race with the help of video
  • 10. Analisi – Data Collection 4 TV (Track Variant) per race basis. Multiple factors affect the final time of the race, like 1. Underfoot conditions 2. Wind direction during the race 3. Humidity 4. Caliber of the jockey 5. Pace of the Race 6. Weight carried – (Studies shows not much importance) TV helps to bring all race time to same platform for comparison. Studies shows that generalizing TV for a day is not suited for Indian turf conditions. Track Variant for all the races are calculated and adjusted with final time using this interface. This is an automated process with some human touch
  • 11. Analisi - Preprocess • Captain’s Rating – Similar to Bayer’s rating for international viewers – Optimized for Indian Turf and Indian race practices – “Par Time” and “Machine like” reference horses method – Predicative method • Predicated rating for every race • Horses with rating close to the predicated rating are contenders Captain’s Rating doesn't rely on miracles
  • 12. Analisi – Preprocess • Various Factors : Using Analytics Technology to unearth more and more Winning Patterns – On Job Factor • Whether a particular Horse will be on job or not – Jockey Factor • Based on jockey’s present form, business & personal relationship with Trainer and Owner – Odds Factor • India have most strike rate for favorite winning, it also represent majority’s opinion – Trainer, Pedigree, Distance, Track, Class & Form Factors • Based on multiples of proven theories
  • 13. Preprocess – Example (Trainer Factor) This is based on Game Theory: Very useful mathematical model for conflict situations like trainers strategy in running his horses. Please refer to link below for more details. http://en.wikipedia.org/wiki/Game_theory
  • 14. AI – Decision Tree making its Predication Decision Tree as a predictive model that take the inputs and predict the out come of the race. Different Decision Trees like Classification and Regression Trees employed for Analisi. Please refer to link below for more details. http://en.wikipedia.org/wiki/Decision_tree_learning
  • 15. AI – Neural Network making its Predication It is a mathematical model inspired by biological neural networks. Please refer to link below for more details. http://en.wikipedia.org/wiki/Artificial_neural_network
  • 16. AI – Bayesian Network making its Predication Bayesian networks can solve decision problems under uncertainty by using influence diagrams. Please refer to link below for more details. http://en.wikipedia.org/wiki/Bayesian_network
  • 17. Opportunities – Owners –Unbiased opinion on their ward
  • 18. Opportunities – Trainers – Entering horses for right Distance and Class hence increasing the win chance – Possible views to other trainers race strategy
  • 19. Opportunities - Jockeys – Accepting mounts with realistic chance to win
  • 20. Opportunities – Investors – Well informed decision on investment – Avoiding high risk investments
  • 21. Opportunities – Bookies – Knowing the real potential of all runners so profitable book making
  • 22. Risks - Accidents Racing Accidents :- Nothing much can be done about it. Still we may avoid races with too many runners
  • 23. Risks - Fitness To some extent this problem can be overcome by training your eyes for paddock look. - A Picture perfect horse performs to its Information on veterinarythe time true of horses on - A restless horse fails most of problem potential race day are not generally known. weight is a bad sign - Increase/Decrease of more than 4% of its - We have video tutorial coming-up to help you.
  • 24. Risks - Malpractices We may overcome this problem by - avoiding races/horses with certain unreliable connections Crookedness by much fluctuating odds - races with too certain Professionals - races with many interconnected professionals/owners
  • 25. Our Thanks & Contact Details • Artificial Intelligence – IIT Kharagpur, India – Stanford University, California Predication done at Mid-Stage are published at • www.analisiracing.blogspot.com Web Sites – www.rwitc.com – www.bangaloreraces.com For www.indiarace.com – more info please contact us at analisiracing@gmail.com – www.racingpulse.in – www.bolrace.com • Inspiration Adios Captain – Book "Bringing Down the House" by Ben Mezrich – Book "The Richest Man in Babylon" by George Samuel Clason • Our Family & Friends