In time, your gear will offset many shortcommings you have at the moment.
If you want to min/max, Ogre is probably the best race. But you are also huge and sometimes wil have problems to move around in dungeons. So you should have some ant potions or a shaman with you
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For fashion questing, many consider Dark Elfs superior. There are alot of cheap +Str items you can buy in EC tunnel.
Ultimately, you should play whatever suits you best.