Handicapping horses profitably using speed and pace figures is one of the most durable and evidence-based approaches in horse racing. While trainers, jockeys, pedigree, and trip notes all matter, speed and pace are the engine of every race. Horses win because they run faster than their rivals, and how that speed is distributed throughout the race often determines who gets to the wire first. Bettors who understand this relationship—and how the public misprices it—can consistently find value.Understanding Speed Figures
Speed figures attempt to answer one simple question: How fast did the horse really run? Raw final times are meaningless without context. Track condition, surface variant, distance, and even weather affect times. Speed figures normalize these variables so performances at different tracks and distances can be compared on a single scale. The most common mistake bettors make with speed figures is using them literally instead of analytically. A horse with the highest last-race figure is often overbet, especially if that figure came under ideal circumstances: loose on the lead, perfect track bias, or a soft pace. Profit comes not from identifying the fastest horse, but from identifying the fastest horse today under today’s conditions. Key profitable angles with speed figures include:- Paired tops: A horse that runs two similar high figures in consecutive starts often signals a peak effort cycle and reliability.
- Subtle forward moves: Horses improving incrementally (e.g., 82 → 86 → 89) are often overlooked compared to a flashy one-off top.
- Hidden fast races: A fast figure earned while wide, pressing a hot pace, or against a bias is more predictive than a visually easy win.
Pace Figures: Where the Money Is Made
While speed figures measure how fast, pace figures explain how the race unfolds. Pace is often misunderstood by casual bettors, yet it is the most consistent source of long-term profits. Pace figures break races into segments—typically early (first call), middle, and late. This allows bettors to identify energy distribution, not just final time. Two horses can earn identical speed figures in radically different ways. One may sprint early and fade; another may finish strongly after conserving energy. Public money consistently overvalues:- Front-runners with obvious early speed
- Horses exiting wire-to-wire wins
- Horses with fast early pace figures without pressure
Conversely, profitable bettors look for pace advantages, not raw speed advantages.The Core Pace Concepts That Matter
- Projected Pace Scenario
Before looking at figures, ask: Who is likely to be on the lead? Who will apply pressure? A lone speed horse with no challengers can be deadly, even with modest speed figures. Conversely, multiple need-the-lead types can collapse the race and set it up for a closer. - Fast Pace / Slow Finish Illusion
A horse that fades late after contesting a fast early pace often looks poor on paper. In reality, that horse may be the strongest contender next time—especially if today’s race projects a softer pace. - Slow Pace / Inflated Finish
Horses that close strongly off a crawling pace often earn visually impressive finishes and inflated late pace numbers. These are frequently overbet and underperform when facing a more honest pace. - Energy Efficiency
The most profitable horses are not always the fastest, but the most efficient—those that run competitive early fractions without exhausting themselves. These horses consistently outrun their odds.
Combining Speed and Pace for Profit
Speed figures tell you who can win. Pace figures tell you who will get the opportunity to win. Profitable handicapping requires both. A powerful approach is to downgrade horses with the top speed figure if:- They benefited from a pace advantage unlikely to repeat
- They face significantly more early pressure today
- Their top figure was a clear outlier in their form cycle
At the same time, upgrade horses with slightly lower speed figures if:- They ran competitively against a faster pace than today’s projected setup
- They have demonstrated the ability to finish strongly at today’s distance
- They are returning to a preferred running style or distance
Betting Discipline and Odds Sensitivity
Even the best pace-speed analysis fails without odds discipline. A horse can be the most likely winner and still be a terrible bet. Because speed figures are widely used, horses with obvious numerical superiority are often underlays.
Profitable bettors:- Demand value relative to their assessed probability
- Pass races where the pace scenario is unclear
- Bet aggressively when pace dynamics are mispriced
This is especially true in horizontal wagers(Pick 4s, Pick 5s), where identifying pace collapses and lone-speed scenarios can separate winning tickets from the crowd.
Speed and pace figures are not magic; they are tools. Their power lies not in the numbers themselves, but in understanding why those numbers were earned and whether the same conditions will exist today. The betting public tends to chase speed and overlook pace. By reversing that logic—using speed to qualify contenders and pace to predict opportunity—you position yourself on the profitable side of the market.In horse racing, speed wins races—but pace wins money.
Handicapping horses profitably with speed and pace figures requires more than identifying the fastest runner on paper. The goal is to determine which horse is most likely to run its best race today under today’s projected pace scenario—and whether the betting public is mispricing that chance. When used together, speed and pace figures reveal hidden strengths and vulnerabilities that create profitable betting opportunities.Step 1: Use Speed Figures to Identify True Contenders
Speed figures measure how fast a horse actually ran after adjusting for track conditions, surface, and distance. They allow you to compare performances across different races. A practical rule is to focus on horses whose recent figures are within 5–8 points of the top number in the field. Horses outside that range usually need dramatic improvement to win.
Example 1: Basic Speed Comparison
| Horse | Last 3 Speed Figures |
|---|
| A | 92 – 90 – 91 |
| B | 95 – 78 – 80 |
| C | 88 – 89 – 90 |
| D | 84 – 85 – 86 |
The public often bets Horse B because of the flashy 95. But that number is an outlier, and the horse’s recent form is declining. Horse A and Horse C are more reliable, with consistent competitive figures. Consistency is often more profitable than a single peak. Profit angle: Favor horses showing repeated competitive numbers, especially when the public focuses on a one-time top.Step 2: Analyze Pace to Predict Today’s Race Shape
Speed figures tell you who is fast enough. Pace figures tell you who will get the right trip.Start by identifying running styles:- E (Early): Needs the lead
- EP (Pressing)
- P (Stalker)
- S (Closer)
Then project the early pace. Will it be fast, moderate, or slow?Example 2: Pace Collapse Opportunity
Field makeup:- Horse A: Early speed (E)
- Horse B: Early speed (E)
- Horse C: Early speed (E)
- Horse D: Closer (S)
- Horse E: Closer (S)
All three speed horses have strong early pace figures (e.g., 100+ early ratings). This suggests a speed duel. Recent performances:- Horse A: Speed 92 (wire-to-wire win)
- Horse B: Speed 91 (pressed pace)
- Horse C: Speed 90 (faded late)
- Horse D: Speed 89 (closed into fast pace)
- Horse E: Speed 87 (strong late pace figure)
The public will likely bet Horse A because of the recent win. But if the early pace becomes hot, the race may collapse late. Profit play: Horse D at 6-1 or higher. The slightly lower speed figure is offset by a pace advantage.Step 3: Identify Lone Speed
The opposite situation is just as profitable.Example 3: Lone Speed Scenario
Field:- Horse A: Early pace figure 102
- Horse B: Early pace 90
- Horse C: Early pace 88
- Horse D: Closer
- Horse E: Closer
Horse A is the only true front-runner.
Recent speed figures:- Horse A: 88 – 89 – 87
- Others: 90–92 range
Even though Horse A is slightly slower on final speed, the lack of pace pressure means it could control the race and conserve energy.If the public bets the higher-speed closers, Horse A may drift to 4-1 or higher. Profit angle: Lone speed horses frequently outperform their figures when unchallenged.Step 4: Upgrade Horses Exiting Fast Pace Races
Horses that press or chase very fast early fractions often fade and look poor in the running line. These are hidden form opportunities.Example 4: Hidden Strength
Last race fractions: 22.0 / 45.0 (very fast)
Horse A:- Position: 2nd early, faded to 5th
- Final speed: 85
Horse B:- Sat back, finished 2nd
- Final speed: 90
Today’s projected pace is moderate.The public will prefer Horse B. But Horse A did the harder work, chasing a demanding pace. Profit play: Horse A at higher odds. With easier early fractions, its final speed may improve into the low 90s.Step 5: Beware of Inflated Figures
Not all high speed figures are equal. Watch for:- Loose-on-the-lead wins
- Slow pace / fast finish races
- Track bias favoring a running style
Example 5: False Favorite
Horse A:- Last race: Lone lead
- Fractions: 24.0 / 48.5 (slow)
- Final speed: 96
Today’s race includes three other speed horses.That 96 was earned under perfect conditions and is unlikely to repeat. If heavily bet, this horse becomes a prime underlay.Step 6: Combine Speed, Pace, and Value
The most profitable approach follows this sequence:- Speed filter – Who is fast enough to win?
- Pace projection – Who gets the best trip today?
- Form context – Is the horse improving, declining, or cycling?
- Odds evaluation – Is the price fair?
Example 6: Complete Analysis
Field summary:- Horse A: Top speed 94, early type, heavy pressure expected
- Horse B: Speed 92, stalker, improving pattern (88–90–92)
- Horse C: Speed 90, closer, strong late pace
- Horse D: Speed 95, but earned on lone lead last race
Projected pace: Fast Public betting:- Horse D: 2-1
- Horse A: 3-1
- Horse B: 5-1
- Horse C: 8-1
Best value: Horse B
Reasons:- Competitive speed
- Ideal stalking trip
- Improving form cycle
- Fair odds relative to win probability
Final Thoughts
Profitable handicapping with speed and pace figures comes from understanding context, not chasing the highest number. The public tends to overbet obvious speed and recent winners while underestimating pace pressure, hidden trips, and improving patterns.The most reliable profit situations include:- Lone speed at fair odds
- Closers in projected pace meltdowns
- Horses exiting fast pace races
- Consistent speed patterns overlooked by the public
Speed tells you who can win. Pace tells you who will get the chance. Value determines whether the bet is worth making. When all three align, you have the foundation for long-term profitability.
For more information on handicapping horses: www.oddsbet.com