Steamers Mode: What is it?
The Steamers User Mode is a hybrid of FormGenie's originally calculated ratings and subsequent betting market activity available to Day Pass and Annual Subscribers only (including Bronze, Silver and Gold) along with FormGenie-Bot users. The recalibrated Top and Dutch selections are assigned a Steamer status of HOT, WARM or COLD. Using Steamers improves our already impressive strike rate of Top Rated and Dutch rated selections. It also means you can avoid backing COLD horses. Thus increasing profit with less wasted arrows.
How it works: The original exported FormGenie-ratings have been manipulated by an algorithm based on overnight and early morning market activity. Key bookmaker odds are monitored from 8.30 the night before until 10.45 GMT the day of racing. Then according to market support (or lack of it), the FormGenie ratings are adjusted and a new set of ratings is released to qualifying members at 11-00 (Annual, Day Pass and One Day Free Trial). This means that the ranking of all FormGenie rated horses is subject to change in accordance with this exclusive Steamer algorithm. Therefore all runners have the potential to be ranked differently. So it could easily be the case that last night's 3rd rated (or even lower ranked) could now be the new Top Rated because it has been very well supported overnight/early morning. Conversely, the original Top Rated my have been weak in the markets and could be downgraded accordingly. The Steamer algorithm means we actually have an even better strike rate for Top and Dutch selections than the home page graphs, p/l, bot profit and 365 day reports show.
Steamer Class is where we assign a temperature to the strength of market support, where HOT is maximum support, WARM is steady and COLD is lack of support.
When in Steamers User Mode there is a coloured indicator (based on Steamer Class) that denotes the change in position from the original calculations as per the image below. You will see that the selection "EARLY SUMMER" has been upgraded from being the originally exported 2nd Rated to the new Top Rated indicated by (2 ->1).
Steamers are available from 11-00 AM. Upgrade today!
Note on using the Steamers User Mode:
1: The home page p/l reports are based on FormGenie "Regular" ratings. As such the results will NOT match those of the "Steamers" selections.
2: Steamer ratings are only available from 11.00 day of racing to Day Pass, Free Trial, Bronze, Silver & Gold Annual subscribers only (or Gold Monthly).
3: Drifting (Cold) horses can still win, but over the long term it will pay to avoid this runners.
4: FormGenie-Bot users are advised to use Steamer ratings. This increases the Strike Rate of the top two significantly, meaning you can omit the 3rd ranked for Dutching.
Essentially, you can expect a much higher strike rate using FormGenie Steamers whether Dutching or simply backing Top Rated only. For instance the strike rate for our Top Rated each way using FormGenie Regulator ratings is circa 35%, but with FormGenie Steamers deployed this increases to 42% over a 12 month period. It is important to note that with our FormGenie Regular ratings, there will be circa 12,000 qualifiers per year (because every race will have a top rated) whereas this number reduces to 2,500 races per year as you would expect.