Your CHV reference

Glossary

Understand the race, read the factors, and find the value.

Race conditions

COND

Condition

Updated for scratches and changes four times a day. An asterisk * means the race was originally scheduled for the turf.

CONF

Wagering confidence

Confidence in wagering on the race, scored on a 0–5 scale.

0–5 scale
PACE

Projected pace of race

Scored from 0–10. A score of 10 is hot.

0–10 scale · 10 = hot

Grades & form cycle

GRD   Letter grade

The model is designed around these approximate win rates:

K~46%win rate
A~32%win rate
B~20%win rate
C~10%win rate
X~5%win rate

ROI drops substantially for C and X horses. X horses are tosses, and approximately 20% of the field should receive an X. Horses can be upgraded based on some of the angles described below.

These are model expectations, not guaranteed outcomes for an individual race.

+ / t

GRD suffixes · Additional angles

The + suffix is driven by high FWR, and the t suffix applies in turf routes; both identify horses with profitable ROI. These algorithms are subject to change as we continue our analysis.

FC

Form cycle

Shows where a horse is in its form cycle and flags potential improvement angles.

1L / 2L / 3L
First, second, or third lifetime start.
1 / 2 / 3
First, second, or third start after a layoff of 90 days or more.
C1 / C2 / C3
First, second, or third start off a claim.
tj
Profitable trainer/jockey combination angle.
d
Dropping in class.
sr
Surface rebound: eligible to improve when returning to a preferred surface.
Green FC Combo

Currently, 10 exact form cycle combinations generate profitable ROI.

ST/Q

Running style & Quirin points

The horse’s preferred running style and Quirin points indicate how likely it is to get the lead. This is factored into the pace analysis.

> / <

Distance change

> means stretching out; < means cutting back. These distance changes are factored into pace-analysis bonuses.

Model factors & value

Green · 1stYellow · 2nd / 3rd
W%

Modeled win probability

A very important parameter. All factors contribute depending on the horse’s experience and form cycle. Horses are sorted by W% from highest to lowest by default in each race.

AML

Morning line · Adjusted morning line

Morning-line odds adjusted after scratches. Horses outside the top 3 AML are highlighted in yellow.

Value

Value

The horse’s value, comparing its modeled win probability (W%) with its adjusted morning line (AML).

ES / LS

Early & late speed

Projected early and late speed, factored into the pace analysis.

ENY

Energy rating

Blends ES and LS based on surface and distance. This is our speed rating. 5 points is a significant gap.

PFIG

Projected performance figure

Based on how well the horse has performed in recent races. Measures class.

BFIG

Best possible performance figure

A horse might improve to a previous performance level based on today’s distance, surface, or its form cycle. Useful for finding long shots and value.

FWR

Fitness workout rating

Important only for lightly raced horses or horses returning from a layoff of 90 days or more. Those situations appear in the form-cycle codes.

TJR

Trainer & jockey ratings

Particularly important for maidens and horses making their first start off a claim. Considers trainer angles, trainer/jockey combinations, a jockey’s preferred surface, and other factors.

FIT

Distance & surface fit

How well the horse fits today’s distance and surface. Scores of 50 or lower are pink, which may be worth examining for long shots switching surfaces. Otherwise, you want this score to be high.

Target race scores

HxS

0–5 scale

Guides you on the race’s suitability for serial exotic wagers where you can beat the favorites.

1xS

0–5 scale

Guides you on the race’s suitability to go skinny or single in serial exotic wagers.

Your handicapping notes

Text box · Press and hold

On a phone
Press and hold the horse area above the Factors to insert a text box.
On a computer
Click and hold that space to insert a text box.

Tutorial videos

Find Charting Horse Value tutorial videos on YouTube through the tutorial page, or tap the CHV logo at the top of the app.

Watch the tutorials

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