Built for Racing Analysts Who Want an Edge
FormRace is a racing data platform that combines ML model ratings with real-time market data — so you can make sharper decisions, faster.
How It Works
Data Ingestion
We pull race fields, form, results, and live odds from every Australian thoroughbred meeting — updated continuously throughout the day.
Model Scoring
Our ML model analyses 15+ features per runner — recent form, class changes, track bias, barrier stats, jockey/trainer combos, and more — to produce a modelled win probability.
Your Edge
Predicted probabilities are overlaid against live market odds so you can instantly spot where the market undervalues a runner.
Platform Features
AI Race Intelligence
Machine-learning win probabilities for every runner in every race, updated as new data arrives.
Market Intelligence
Live odds tracking, market movers, and steam/drift detection across major market sources.
Form Analysis
Deep form profiles for horses, jockeys, and trainers with historical performance breakdowns.
Value Detection
Automated identification of model overlays where our model price sits below the market price.
Under the Hood
Our ML model analyses 79+ features per runner — including recent form lines, weight and barrier statistics, class changes, track condition preferences, jockey/trainer strike rates, and real-time market movements — to generate modelled win probabilities for every runner in every Australian thoroughbred race. Over 2,798 races from July 2025 to March 2026, the model achieved a 15.6% top-pick win rate and 24.1% model-edge ROI.
+24.1%
Model-Edge ROI
Jul 2025 – Mar 2026
15.6%
Top Pick Win Rate
Jul 2025 – Mar 2026
2,798
Races Analysed
Jul 2025 – Mar 2026
Frequently Asked Questions
What is FormRace and how does it work?
FormRace is an AI-powered horse racing intelligence platform for Australian thoroughbred racing. It uses a machine learning model that analyses 79+ features per runner — including recent form, weight, barrier draw, class changes, track conditions, and jockey-trainer strike rates — to generate modelled win probabilities for every runner in every race. These probabilities are then compared against live market prices to identify model-edge opportunities.
How accurate are FormRace's model ratings?
Over 2,798 races from July 2025 to March 2026, the model achieved an average top-pick win rate of 15.6% and a model-edge ROI of 24.1%. Performance varies month to month and we publish all results transparently, including losing months. You can view the full backtest data on our Model Analytics page.
Is FormRace free to use?
Yes. The free tier gives you the daily race intelligence briefing, public proof, and selected public race-analysis workflows — no credit card required. Pro (A$49/month) unlocks the full AU thoroughbred intelligence board: all meetings, full model ratings, AI/model alignment, market intelligence, PULSE context, and track-bias intelligence.
What makes FormRace different from Punters.com.au or Racenet?
FormRace is the only platform that combines a transparent ML rating model with published accuracy data, real-time odds comparison across market sources, automated model-edge signal detection with a 20%+ edge threshold, market mover alerts, and LLM-powered race analysis. Competitors provide analysis but don't publish their model performance or explain their rating methodology.
What data sources does FormRace use?
FormRace ingests data from Racing Australia for race fields, form, and results. Live odds are pulled from major Australian market sources including TAB, Sportsbet, and Ladbrokes. The ML model is trained on historical race data and updated continuously as new form data becomes available.