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The Striders handicapping system used for the 10k series has been around for many years and is in use by running clubs around the world. It is a robust system and has stood the test of time. It is difficult to beat (you can't "work" the system to your advantage), and as shown over the years, the winner of the handicap competition can be any member of the club.
It works like this:
The two key elements in each race are your race time and your handicap. The handicap competition places are decided based on how much better than your handicap is your race time in percentage terms.
If you don't have a handicap then you end up on the bottom of the results for that one race, but you still get points for running. You also get a brand new handicap for next time!
Once the Handicap results are decided, the new handicap is determined. There are 4 possible situations:
1) no previous handicap:
New Handicap = Race time + 1%
2) race time equals handicap:
New Handicap = Old Handicap
4) race time slower than handicap:
New Handicap = Old Handicap plus (10% of difference (to a max of 30 secs) between Race time and Old Handicap)
and finally....
At the end of each year everyone who has run a 10k in that year gets 2% added to their handicap for the new year, and anyone who has not run in a Striders 10k race in the past 2 years is dropped off the handicap list - they get to start all over again.
Key points to remember: