Richard Spencer
Fair A/E compares wins with a margin-stripped market expectation. Favourite-heavy samples — top yards, leading riders — naturally read a few points warm, so 1.05 means "beat the margin-free market read", not "the market underrates this by 5%".
Sends out around 120 runners a season, almost all on the flat, winning with 11% of them — a touch below the margin-free market read across the lifetime window (Fair A/E 0.96). The edge shows sharpest with horses returning fresh: 13% off breaks of two months or more (362 runs).
It is weakest at Newmarket (0.8% over 122 runners) — the widest gap in the record. In Group and Graded company the record reads poorly at 2.6% (n=154, Fair A/E 0.56). Debutants are the standout value angle: 12.4% strikes only just above baseline, but Fair A/E 1.54 and +88.33 to a £1 stake over 194 runners — a record the market has persistently underpriced. The market has consistently overbet a horse in first-time headgear: 6.7% strike, Fair A/E 0.76 and −0.42 to a £1 stake over 149 runners — those runners underperform what the price implies. George Wood rides 10% of the entries and edges the yard's average (13.8% vs 11%, A/E 1.11) — the partnership beats the margin-free market read. The yard also reads well off a 0-7-day break (22%, n=127) and in Class 6 (20.1%, n=338). The record reads poorly in Class 1 — 2.6% over 155 runners, 8.4pts below the baseline. 4 Group and Graded wins sit in the archive record — the biggest prize the yard has landed: the Weatherbys Super Sprint Stakes at Newbury (Jul 2026, £143,009). The stable star of the record: Bernardo O'Reilly (GB) — 8 wins from 56 runs for the yard. Seasonally, the yard fires Jan–Apr.
Yard patterns
the angles behind the record · vs 11% baselineEach tile is the record in that situation vs the 11% baseline — descriptive splits with the sample always shown, for you to weigh. Tiles under 30 runs render muted. Headgear figures use the true-first definition (first gear appearance in the captured career); returns are gear back on after a bare run. Claiming riders are runs where the booked rider carried a weight claim. Group / Graded covers pattern and listed races. The same beliefs, tested across every yard and every GB and Irish race since 2005: Racing myths.
Notable angles
vs their own baselineRecord by conditions
same window as headerRace type
Going
Courses
Class
Market position
Distance
By season
Handicaps
Field size
Rows below n=30 are shown faded — a small sample is a fact, not a trend. Every figure carries its N.
Horses trained
same window as header · most-raced firstCurrent form
significance-gatedLast 14 days
Small sampleWhen the yard fires
strike by month, lifetimeJockey bookings
same window · biggest samples firstCareer highlights
lifetime archive, 2016→Sires in the string
progeny record · win % by ground and tripThe record
latest 50 of 2,364 · newest firstThe latest 50 of 2,364 archived runners, newest first. The full record runs from 13 April 2016 to 30 October 2026.
Drawn from the whole archive (2005 onwards), so it can include runs outside the window the header statistics cover. Non-runners are not listed. A finish shown in letters is a non-completion (F fell · UR unseated · PU pulled up · BD brought down).
KTB’s figures
the forward record · since 5 Oct 2026KTB’s figures on this yard’s runners since 5 Oct 2026: the KTB Selection in 5 runs (won 0, 1 did not run) · top-rated on KTB Rating in 2 runs (won 0) · fastest on KTB Speed in 3 runs (won 0) · to 29 Oct 2026.
Each pick was a KTB figure’s choice before the off — the published KTB Selection, the top-rated horse on KTB Rating, the fastest on KTB Speed — settled against the result the next morning and never worked out again; “did not run” is counted apart. GB and Irish races only. A record of weeks so far: read it as a count, not a verdict.
Quick answers
- What is Richard Spencer's strike rate?
- Richard Spencer has won 260 of 2,364 runners since 2008, a strike rate of 11% (as at 2 November 2026). Figures are computed from our own results archive.
- Which course does Richard Spencer do best at?
- Windsor by strike rate: 11 wins from 56 runners (19.6%) since 2008. Read from the 15 courses with the most runners on the same basis, and only those with at least 30 — a small sample cannot top the list, and a rarely-visited course is not in the comparison.
- Who rides most for Richard Spencer?
- George Wood, with 232 runners since 2008 — 10% of the total. That pairing has won 32 (13.8%).
- Is Richard Spencer in form?
- Too few runners in the last 14 days to read — 7 runners, which is not a sample we will draw a conclusion from.
- What is Richard Spencer's Fair A/E?
- 0.96, from 2,354 runners with a computed fair probability since 2008. Fair A/E compares actual wins with a margin-stripped market expectation, so 1.00 is par: above it the wins came at bigger prices than the margin-free market implied, below it they did not.