FORMFACTOR RESULTS • 2023 ONWARDS

THE RESULTS
TELL THE STORY

Racing is full of opinions. Form Factor is built on evidence.

Every Form Factor selection is recorded and its result becomes part of the ongoing performance record. Nothing is cherry-picked and nothing disappears when the result doesn't go our way.

But the story isn't simply about finding winners. The Form Factor methodology is designed to rate, filter and identify value. That means understanding not only the horses that qualify, but also what happens to the runners the system rejects.

That is why our results go beyond a simple winners-and-losers tally. We track the performance of each Rating position, the different Form Factor selection categories, strike rates and returns — together with the results of the horses filtered out by the methodology.

The objective is simple: let the numbers show whether the process works.
No hindsight. No cherry-picking. Just the record.
MELBOURNE SPRING CARNIVAL

14 YEARS OF FORM FACTOR RATINGS

1 October – 30 November · 2012–2025
1,425 races analysed
67.2%WINNERS RATED IN THE TOP 5957 winners
47.9%WINNERS RATED IN THE TOP 3683 winners
20.1%WINNERS RATED NO. 1287 winners
LAST SPRING · 2025
114 races analysed · 82 winners rated in the Top 5 · 71.9%

The numbers speak for themselves. Fourteen Spring Carnivals. Every race analysed. Now follow Form Factor through the 2026 Melbourne Spring Carnival.

OPEN LIVE ALL UPSDOWNLOAD FULL BETTING SUMMARY (EXCEL)
FORMFACTOR RESULTS · 2023 ONWARDS
TOTAL PROFIT—
ROI—
STRIKE RATE—
QUALIFIERS4,110
→
FILTERED827
→
FINAL BETS3,283
WINNERS1,555
QUALIFIERS4,110
FILTERED827
FINAL BETS3,283
WINNERS1,555
Provisional figures
THE DISCIPLINE BEHIND THE SELECTIONS

The Value of the FormFactor Filters

The record includes every qualifying runner that was removed before the final selections were published. This shows what the filtering process contributed—not just what the final bets achieved.

RUNNERS FILTERED OUT827832 units of exposure avoided
FILTERED-OUT WINNERS34Fully disclosed
FILTERED STRIKE RATE4.12%34 winners from 827
FILTERED PROFIT / LOSS−670.10units if all were backed
FILTERED ROI−81.13%one fixed unit per runner
ALL QUALIFIERS BEFORE FILTERING+3,662.99 units · 89.41% ROI4,110 qualifying bets
→
FINAL FORMFACTOR SELECTIONS+4,331.09 units · 131.92% ROI3,283 final bets · 1,555 winners

Results from 1 January 2023 to 3 October 2026. A filtered runner can still win; all 34 filtered-out winners remain included above. Past performance is not a guarantee of future results.

MELBOURNE SPRING CARNIVAL

14 Years of Form Factor Ratings

1 October – 30 November · 2012–2025

1,425Races Analysed
67.2%Winners Rated Top 5
47.9%Winners Rated Top 3
20.1%Winners Top Rated

Spring Carnival — Year-by-Year Ratings Record

The historical record behind the headline figures
YearRacesTop Rated2nd3rd4th5thTop 5 %
20129517151313768.4%
2013792191071072.2%
2014861414148766.3%
2015105201912111169.5%
20169018141751071.1%
20179419121610667.0%
20189920154151367.7%
2019112192112121368.8%
202010417171212863.5%
202111825161615867.8%
202211329131210661.9%
20239718151610869.1%
202411921141610858.0%
202511429191316571.9%
2012–20251,425287957 winners in Top 567.2%

Winners Rated in the Top 5 — by Spring Carnival

201268.4%
201372.2%
201466.3%
201569.5%
201671.1%
201767.0%
201867.7%
201968.8%
202063.5%
202167.8%
202261.9%
202369.1%
202458.0%
202571.9%
2025 — 71.9%
82 of 114 winners were rated inside the Form Factor Top 5.
Fourteen Spring Carnivals. Every race analysed. Follow Form Factor through the 2026 Melbourne Spring Carnival.
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