Horse racing software in Australia
Horse racing software in Australia is sold as one category and is really five, each answering a different question. Pick the question first: a price tool and a form tool are not alternatives to each other, and a few checks separate a useful product from a poor one.
By the B337 team. Last updated .
The short answer
- There is no single best horse racing software, because the products do different jobs. Pick the job first.
- A price board shows what each bookmaker is paying, and form and ratings software tries to pick the runner. An exchange trading tool manages a position on Betfair, automation places bets in your own accounts, and your own code can do any of these if you build it.
- For Australian racing the things that separate a useful price tool from a poor one are bookmaker coverage, whether Betfair sits beside the bookmakers, price history, and how fresh the prices are: ask how often a tool reads them.
- The B337 Terminal is the first kind. It is a price comparison board with Betfair back and lay beside the bookmakers; it does not rate runners, carry form or pick winners.
- Anything that places bets needs more care: whose logins it holds, what controls you keep, what it costs per bet, and what your bookmakers' terms say about automation.
Types of horse racing software, and the question each answers
Work out which question you want answered first: a product bought to answer a different one will disappoint however good it is at its own job.
Odds comparison boards
One screen with many bookmakers' prices on the same race, usually with the exchange beside them. They answer where a runner is paying most and whether that price is out of line with the market. They tell you nothing about which runner to back. This is what the B337 Terminal is: prices from 40+ bookmakers across racing and sports, with Betfair back and lay beside them, and a race shows only the bookmakers pricing it.
Form and ratings software
Sectionals, speed maps, class and weight ratings, barrier and track statistics, and someone's model of all of it. They answer which runner, and they are the only category that tries to. B337 is not one of these and does not pretend to be.
Exchange trading tools
Ladder interfaces for Betfair: one-click back and lay, stop losses, greening up, and automated rules that trade a market before the jump. They answer what to do with a position you already hold, on the exchange only.
Betting automation
Software that logs in to bookmaker accounts you own and places bets on rules you set. It answers who does the clicking, not what to click. How betting bots work covers the four kinds and what each can and cannot do.
Spreadsheets and your own code
A sheet fed by hand, or your own program against a data feed or an API. The most flexible option and the most work: you own the maintenance as well as the model. B337's Execution API places bets from your own code, and API Odds delivers odds and places none.
Betting involves risk. Bookmakers can restrict or close accounts and void bets, automation can fail, prices move, and a positive expected value (+EV) bet can still lose. Promotions carry each bookmaker's own terms. There is no guarantee of profit. See responsible gambling for limits and support.
Price tools and form tools are not substitutes
A form product and a price product sit at opposite ends of the same bet. Form asks which runner is most likely to win. Price asks what you are being paid if it does. Both matter, and neither answers the other.
You can be right about the runner and still lose money over time by taking a price below what the chance is worth, and you can know nothing about form and still find a bookmaker paying more than the market does. That second idea is what +EV betting is, and the Betfair exchange price is the usual reference for it, because the exchange has punters on both sides and takes commission rather than building a margin into its prices.
Illustrative, with made-up numbers: 100 bets of $10.00, 20 of which win. At an average price of $5.00 the winners return 20 x $50.00 = $1,000, level with the $1,000 staked; at $5.50 they return 20 x $55.00 = $1,100, $100 ahead. Same runners, same strike rate, a price 10% better.
The practical consequence when shopping: do not buy a price board expecting selections, and do not judge a ratings product on how many bookmakers it lists. If you want both, you are buying two things.
Checking a form or ratings product
This is the one category that tries to tell you which runner to back, so check four things before you pay:
- Which codes it covers: thoroughbreds only, or harness and greyhounds too.
- Whether it turns ratings into prices, so each runner can be held against the market, rather than giving a score with no price attached.
- Whether it shows a dated record of those prices against the eventual starting price, kept before each race, rather than a back-test fitted after the event.
- What it adds to the fields and results the official racing bodies already publish, such as Racing Australia's for thoroughbreds.
Three more things worth checking for Australian racing
Codes, not just thoroughbreds
Harness and greyhound meetings run through the week alongside the gallops. A tool that only covers thoroughbreds leaves out two of the three codes.
Promotions, honestly handled
A tool that counts an offer towards a bet's value has to value it as what it is, usually a bonus bet rather than cash, which money back racing promos works through. One that treats a refund as cash will tell you a poor bet is a good one.
Records you can check
Every placement, the price you got, the stake and the settled result, exportable. If you cannot reconcile the software against your own bookmaker statements, you cannot tell whether it is working.
Betting involves risk. Bookmakers can restrict or close accounts and void bets, automation can fail, prices move, and a positive expected value (+EV) bet can still lose. Promotions carry each bookmaker's own terms. There is no guarantee of profit. A better price raises what the same bets return on average; it does not stop a losing run. See responsible gambling for limits and support.
What to check before you buy racing software
Four questions, and what we would answer for B337. Ask any vendor the same ones and compare the answers rather than the screenshots.
How many bookmakers, and is the exchange there?
A board that carries four bookmakers tells you which of four is best, not where the best price is. Without the exchange beside them, the only reference is the bookmakers' own prices, each with its margin built in.
With B337
The Terminal prices 40+ bookmakers across racing and sports, with Betfair back and lay prices beside them.
Is there price history and a closing line?
A single price is a snapshot. Price history tells a firming runner from a drifting one, and a closing line lets you check the price you took against where the market finished, which is a fairer early check on your own selections than a short run of results.
With B337
Price history (flucs) and closing lines are on the Terminal, with EV overlays against the Betfair price on racing.
Where do the prices come from, and how old are they?
Ask how a product gets its prices and how often they update. A board showing a price that is no longer on offer is worse than no board, because it looks like an edge.
With B337
The Terminal collects the prices bookmakers publish and Betfair's exchange prices, read on a repeating cycle, not tick by tick, so a price on screen can trail the bookmaker's own: confirm it in your bookmaker account before you bet.
Does it place bets, and on what terms?
Anything that places bets logs in as you, so ask where it runs and who can see the credentials. Ask what a losing month costs, not a winning one: some products add a per-bet charge and some take a share of winnings. And read your bookmakers' terms, because many restrict or prohibit automated and third-party betting, and breaching them can get bets voided and accounts limited or closed.
With B337
Sessions run on your own computer, which has to be on, awake and online: nothing is placed while it is off, asleep or offline, and B337 holds the logins you enter only so the bot can act on your instructions (see security). Bets placed through B337 also use credits, a per-bet usage charge on top of the plan price, and the plan prices are below. B337's Terms say what the bookmakers' do: using the software may breach a bookmaker's terms, and that risk is yours.
Betting involves risk. Bookmakers can restrict or close accounts and void bets, automation can fail, prices move, and a positive expected value (+EV) bet can still lose. Promotions carry each bookmaker's own terms. There is no guarantee of profit. See responsible gambling for limits and support.
Where the B337 Terminal sits
B337 is not a bookmaker: it takes no bets and holds no betting funds, so your stakes and winnings stay in your own bookmaker accounts. B337 is not affiliated with Betfair. The Terminal is the price-board kind: racing and sports prices from 40+ bookmakers side by side, Betfair back and lay beside them, price history, closing lines and, on racing, EV overlays that turn the comparison with Betfair into one figure per runner.
It is not a form guide and does not try to be. There is no ratings engine, no model and no selections. The racing strategy acts on prices: close to each jump it compares each bookmaker's win price with the Betfair price and bets only where the edge you set is met, across thoroughbred, harness and greyhound racing. It never bets during a race. It can also use the promotions already sitting on your own accounts, within each bookmaker's rules, and it never creates or claims one.
Bets settle from the bookmaker's own settled-bet list and official racing results, and every placement, price and settlement is recorded with CSV export, which is what makes it possible to check the software against your own statements. Terminal View is $25 a month and read-only; Terminal Pro, at $300 a month, adds clicking a price on the board to place that bet by hand, and bets placed through B337 also use credits, a per-bet usage charge; automated sessions come with Full Automation. See pricing.
Compare 40+ bookmakers side by side
A free account opens a limited view of the Terminal with live odds on the next races. The full board is Terminal View and above.
- 40+ bookmakers on racing and sports, with Betfair back and lay beside them
- Price history and closing lines
- EV overlays against the Betfair price on racing
- Thoroughbred, harness and greyhound racing
- Your own de-vig settings for the fair price
Betting involves risk. Bookmakers can restrict or close accounts and void bets, automation can fail, prices move, and a positive expected value (+EV) bet can still lose. Promotions carry each bookmaker's own terms. There is no guarantee of profit. For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au. See responsible gambling for limits and support.
Common questions
What is the best horse racing software in Australia?
The products do different jobs, so ask which job you want done. Buy a form or ratings product if you want help choosing runners, a price board if you already choose your own and want a better price for them, and automation only once you know exactly which bets you want placed. Inside one category, compare a dated record, coverage of all three codes and what a losing month costs.
Is there free horse racing software?
Parts of it. Bookmakers publish their own prices, Betfair shows its market, and a free B337 account opens a limited view of the Terminal with live odds on the next races. Free form data is thinner than paid form data, and free odds comparison usually means fewer bookmakers or fewer features. Work out what the gap is worth before paying for it.
Does B337 pick runners or carry form?
No. It is a price comparison, not a form guide: it does not rate runners, there is no model, and nothing on the Terminal is a selection. The racing strategy compares each bookmaker's win price with the Betfair price and applies the thresholds you set, which is a different job from choosing which horse to back.
Can racing software bet automatically on Australian racing?
Some can, including B337: racing sessions place bets before the jump into your own bookmaker accounts on the rules you set, while the bot runs on your own computer, across thoroughbred, harness and greyhound racing. Sessions place nothing once a race has started. Read your bookmakers' terms first, because many restrict or prohibit automated betting, and start small while you check the first bets yourself. The horse racing betting bot page covers the strategy and its controls.
Do I need a Betfair account to use a price board?
Not to read one. You need an exchange account to bet on the exchange or to lay. The betting exchange guide explains why the exchange price is useful as a benchmark even if you never bet there.
Keep reading
Start with a free account
A free account opens a limited view of the Terminal with live odds on the next races. Paid plans add the full board, with Betfair back and lay prices beside 40+ bookmakers, price history and closing lines. For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au.