JC / Railbird

#freedata

Data Points

Marketing horse racing through its rich data is on the agenda for the 2013 UA-RTIP Symposium on Racing and Gaming:

New Ways to Look at Numbers
Sports fans are traditionally a group of people who have an insatiable hunger for facts, figures and statistics. Racing is a sport that is data rich but that attribute hasn’t been marketed. Panelists look at new data that could be presented to the racing audience, new ways to present the information we currently provide as well as how all of it can be used to attract new customers and increase the frequency of current players.

It’s also the subject of Thorotrends’ call to “release the data,” which I hope the Symposium data panelists will read before they arrive in Arizona, along with everything Superterrific has gathered on the issue of freeing racing data from paywalls and PDFs in her latest on Exacta-mundo.

Making data more available can only help attract more horseplayers. I’ve believed so for as long as I’ve been a racing fan, and have only been confirmed in that belief watching other sports move ahead with data, whether in creating APIs, building it into mobile apps, supporting hackathons, or holding events such as Major League Baseball’s Bases Coded, in which teams competed “to create the next great interactive media product for baseball fans.”

Note, I’m not advocating that past performances and other handicapping products should be free, or that Equibase should release all the data it collects via an API without restrictions, although I do think it should release the majority of its data and without a significant lag. (Just as full charts can be downloaded within a hour of a race, so should race data.)

If you’re wondering what free(er) data might look like in racing, consider the models that already exist, ranging from MLB’s minimalist Gameday API to ESPN’s robust developer center. Imagine if Equibase created something similar to ESPN, which opens its data feeds to users for non-commercial applications with some usage restrictions (such as limiting the number of API calls within a set period) — as Thorotrends writes, the majority of racing fans would continue to use data as they always have, but there would be a small group who would hack and experiment. It would make racing feel less stagnant and less mysterious, leading to more fans and more wagering.

Market the data, certainly, just free the data first.

10/14/13 Update: Yes! From Dana Byerly, here’s a real-world example of how a horse racing API could be used.

The Missing McKinsey Recommendation

Breeders’ Cup president Craig Fravel:

I would love to see the industry create a venture capital fund to nurture new technologies directed at racing and gaming and in so doing utilize the expertise of the many talented people with experience in those areas who own and love horses.

Capital isn’t the only obstacle to innovation in the industry, though. Social gaming bonus points for all involved if unfettered access to Equibase data for the purpose of development were part of any incubator or fund.