HOW THE MODEL WORKS
EVERY RUNNER.
PRICED PROPERLY.
TIPSTA gives every runner in every race we publish a Rating and a TIPSTA Price.
The Rating is our estimate of the horse’s chance of winning. The TIPSTA Price is what that chance should pay. The market is what the bookmakers are actually paying. Read the three together and you know who we have in front, and where the price looks wrong.
This page explains how those numbers are built, what every figure on the card means, and how to use them. Not the exact formula, that stays ours, but everything you need to read a TIPSTA card properly.
THE ENGINE ROOM
THREE READS.
ONE PRICE.
Every runner is assessed three different ways. Each read sees the race differently, and the model blends them into one Rating.
THE FORM ENGINE
Our form read of the race. It weighs class, ability, recent form and fitness, how the race is likely to be run, the track and distance, the barrier, and the jockey and trainer. It turns all of that into a winning chance for each runner. This is the ENGINE figure on the card.
THE PREDICTIVE MODEL
A machine learning model trained on historical Australian race results. It looks for the patterns that have actually produced winners in the past and gives its own, separate winning chance. This is the MODEL figure on the card.
THE MARKET
What the betting market is offering when the card is built. Markets hold real information, so we use the price as one input, never the whole answer.
THE BLEND
How much each read counts changes with the race. Country and maiden races lean harder on form, while the biggest metro and Group races give the market more say. In a race with a short-priced favourite in good form, the model leans more on the market too. Guard rails stop the model from rating a horse far above what its price suggests, so you won’t see a huge edge on a runner with little real chance.
ON THE CARD
WHAT EVERY
NUMBER MEANS.
WORKED EXAMPLE
READING
THE PRICE.
Say we give a runner a Rating of 25. Its TIPSTA Price is 100 ÷ 25 = $4.00.
MARKET PAYS $5.00
+25% EDGE
0.25 × 5.00 − 1 = +0.25. The market is paying more than our price. That’s an overlay.
MARKET PAYS $3.50
−12.5% EDGE
0.25 × 3.50 − 1 = −0.125. We still like the horse, but the price is shorter than we think it should be.
A horse can be our Best Bet without being an overlay. The selections and the numbers are two separate reads. Use both.
THE SELECTIONS
BEST BET. NEXT BEST.
BEST VALUE.
BEST BET · EVERY RACE, EVERY DAY
OUR STRONGEST WINNER
The runner with the highest Rating. It is often the market favourite, which means the model agrees with the market there. It can still be poor value at a short price.
NEXT BEST · SATURDAYS
THE SECOND STRING
The next highest Rating after the Best Bet. A win pick, not a place pick. Handy for exotics, doubles or a second opinion on the race.
BEST VALUE · SATURDAYS
THE OVERLAY
A different runner where the market is paying clearly more than our TIPSTA Price. It isn’t simply the biggest Edge, and there’s no fixed odds range. If no runner qualifies, there’s no Best Value for that race.
RACE DAY
FROM FIELDS
TO YOUR PHONE.
FIELDS LOCKED IN
We load the final fields, barriers, riders and track conditions for every meeting.
EVERY RUNNER RATED
The three reads are run and blended, and every runner gets its Rating, TIPSTA Price and Confidence.
PUBLISHED BEFORE THE FIRST
The card goes up before the first race of the day. Scratchings are factored in as they land.
HOW TO USE IT
READ THE CARD
LIKE A PRO.
Read the TIPSTA Price down the field. The shortest price is who we have in front.
Check Rating against Engine and Model. Agreement is a good sign.
Look at the market last. Paying more than our price is an overlay; paying less means we’re already shorter than the bookies.
Use Best Bet, Next Best and Best Value as the headline calls, sitting on top of the full field. They’re not a shortcut past reading the race.
OUR PROMISE
WHAT WE
WON’T CLAIM.
18+ only. Bet only what you can afford to lose. For free, confidential support call Gambling Help on 1800 858 858 or visit gamblinghelponline.org.au.
