FormRace
Australian racing analysis platform that reads 94 model inputs per runner, flags races where price and probability disagree, and publishes its picks and results, including losses.
Our rating in one line: As of 31 Oct 2026, FormRace has no Performance score yet (insufficient data): live record is strike rate only, with no prices or profit/loss; the only roi figures come from a historical backtest. Transparency score: 50/100 (medium transparency).
- Type
- AI racing intelligence (AU)
- Sport
- Horse racing
- Coverage
- Australian flat racing
- Country
- AU
- Price
- Free racebook; Pro A$49/month
- Results
- View published results ↗
- Affiliate
- Unknown
- First seen
- Domain registered 14 May 2026 (RDAP record for formrace.com, source)
At a glance
- ROI
- Unknown
- Settled bets
- Unknown
- Period
- Unknown
- Evidence
- None
18+. Link may be an affiliate link.
Performance breakdown
Live record is strike rate only, with no prices or profit/loss; the only ROI figures come from a historical backtest.
| Published record | |
|---|---|
| Settled bets / selections | Unknown |
| Profit / loss | Unknown |
| Level stakes | Unknown |
| ROI | Unknown |
| Odds basis | Unknown |
| Period | Unknown |
| Basis of record | Unknown |
| Notes | Live record since publication: top pick won 31.2% of 478 settled races against 34.7% for the favourite (66.1% placed); no prices or P/L for the live picks. Historical walk-forward test, Nov 2025 – Jul 2026, 15,048 Australian races: flat-stake ROI between −8.7% and −35.2% each month. The site says it removed an earlier “+24.1% ROI over 2,798 races” claim after an internal audit found a broken backtest. |
| Source | https://formrace.com/model-performance · checked 31 Oct 2026 |
50 = break-even. Past results don't predict future returns. How we score Performance.
Transparency score breakdown
| Criterion | Max | Status | Points |
|---|---|---|---|
| Picks published before the off, timestamped | 25 | Not yet verified | 0 |
| Full public ledger including losers | 25 | ✓ Verified | 25 |
| Price basis stated (SP, BSP, exchange, CLV) | 15 | Not yet verified | 0 |
| 500+ settled selections | 15 | ✓ Verified | 15 |
| Methodology documented | 10 | ✓ Verified | 10 |
| Results downloadable (CSV/API) | 10 | Not yet verified | 0 |
| Total | 100 | 50 |
Transparency score: how openly a tool or tipster publishes a record you can verify. How we score Transparency · How to raise a transparency score.
Sources
Is this you? Are you FormRace?
If anything on this page is wrong or out of date, or you can share a fuller or newer record, a results page or your methodology, send us the public evidence. We review every request against our published criteria and log every change on the changelog. Ratings can't be paid for and are never influenced by affiliate status.
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Other horse racing AI tools we rate
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Guides: Best AI horse racing predictors (UK) · Does AI sports betting work? · All guides
How we check records: The transparency checklist (what counts as evidence) · AI tipping transparency report 2026 (how many records pass)