Betfair’s own Data Scientists have created a prediction model which produces ratings that you can use as Horse Racing Tips for nearly every thoroughbred meeting in Australia. The Model is built using Punting Form data. This includes Sectional Time data, benchmark ratings, jockey strike rates and dozens of other features to deliver horse racing tips for punters.
You can use these outputs to find value in the Betfair Exchange. Backing or laying selections that stand out in these horse racing tips.
MORE RACING TIPS AROUND AUSTRALIA
The Betfair Hub is the home to some of Australia’s best horse racing content. This gives punters access to tips, while offering betting advice on horse racing across Australia. Tips are provided for Australia’s major races, including regular previews for metropolitan meetings across the country. Look no further than the Betfair Hub as your number one horse racing resource.
Victorian Horse Racing Tips: Expert Form Analyst, Chris Camilleri
Victorian Racing: Trial and Form Expert, Glenn Ingram
NSW Horse Racing Tips: Expert Form Analyst, Linton Chataway
South Australian Horse Racing Tips: Expert Form Analyst, Lachlan Mosley
Western Australian Horse Racing Tips: Expert Form Analyst, Terry Leighton
Queensland Horse Racing Tips: Expert Form Analyst, Mat Smith
Tasmania Horse Racing Tips: Expert Form Analyst, Matt Reid
New Zealand: Expert Form Analyst, Jason Tan
International: Expert Form Analysts
We have a range of Betfair Analysts offering their selections, analysis and betting strategies on major European and Dubai horse racing, including Royal Ascot, Glorious Goodwood and the Derby and Oaks meetings at Epsom.
BetSmart Ratings with Daniel O’Sullivan
BetSmart provides ratings, prices and form commentary for all Moonee Valley night meetings exclusive to the Hub. They are helmed by Daniel O’Sullivan of The Rating Bureau, Australia’s leading supplier of horse racing data, software and analysis. The Rating Bureau’s WFA Performance Ratings are an industry-leading assessment of horse quality.
The Rating Bureau has also provided a series of articles to improve your understanding of betting and form. You’ll find articles on everything from racing essentials to what you must consider when doing the form.
What is the ratings model?
The Ratings Model provides rated prices for every runner at selected thoroughbred meetings across Australia, offering an alternative from standard horse racing tips.
Using Punting Form data, the model is able to calculate its prediction of each runner’s percentage chance of winning that race, before then converting it to what it believes that runner’s true odds should be, a.k.a. that runner’s rated price.
Using these rated prices, Betfair customers can then compare the model’s price to that of the price on offer on the Exchange as a unique format of horse racing tips.
The model can help you identify value, outlining the value percentage of each runner in the race where applicable.
How do I read the ratings?
Ratings are numerical measures that are an expected rating for each horse for the upcoming meeting. Prices are formulated by multiple factors including past performance, upcoming race conditions, trainer and jockey statistics and a range of other variables considered by our Data Scientists.
NB: The Data Scientists’ best-profiled runner is highlighted in grey. The ‘Value’ % is calculated looking at the difference in win probability based on the Analysts rated price v current Exchange market price.
Ie. 20% win rated chance vs 12.5% win chance in the market is a 7.5% difference in winning chance. This is calculated by: (1 / model odds) – (1 / price).