How HorseWhale grades every alert
Published 6 August 2026 · Updated 8 August 2026 · Reviewed 8 August 2026 · HorseWhale · Sourced from published market data and academic research; see linked sources.
Each alert sent by HorseWhale is graded against two prices once the race is run: the official Starting Price and the Betfair Starting Price. The record shows what moved, when, at which firms, and the result; whether the price beat SP is shown beside it. Every record is published permanently. Including the ones that did not come off.
What does HorseWhale grade?
Each record shows what moved, when, at which firms, and the result. Whether the price beat SP is a secondary fact, never the headline.
Each alert names a price and the bookmakers still offering it at the moment it is sent. Once the race is run, that price is compared against two numbers: the official Starting Price and the Betfair Starting Price.
What does every graded record show?
Each graded record shows: the alerted price (fractional and decimal), the official SP, the Betfair SP, whether the alerted price beat SP, the race result (won / placed / unplaced / non-runner), and the timestamp of the original alert. Every record links back to the same permanent URL — nothing is removed and nothing is edited after publication.
PLACED uses field-size places: 1 place under 5 runners, 2 for 5 to 7, 3 for 8 to 15, 4 for 16 or more. The 16-plus non-handicap variation is not applied; the page describes the code that runs.
Alerts that did not beat SP stay up exactly as alerts that did. The archive is the evidence base, not a curated highlight reel.
This methodology is the proof layer behind every page that cites the archive: the At The Races head-to-head, the racing price-alert tools comparison, why morning racing markets behave differently, how market movers are defined and what a gamble is. Every number those pages quote traces back to the published alert records.
Common questions
Does an early price move mean the horse will win?
No. A price move is a fact about the market, not about the horse. Money Flow measures what the money is doing. Horses that are backed lose every day.
What should I look for in an odds tracking tool?
Whether it covers every race or only the ones it flags. Whether it publishes its own record. Whether it keeps what it saw yesterday. Most tools answer one of those.
How does HorseWhale compare to other racing services?
HorseWhale is a race-day product: the full card for every race, a figure on every runner, and the permanent record behind both. Every move it records is graded in public against SP and Betfair SP. Including the ones that did not come off.
Money Record · HorseWhale horse records · How to check if a horse was backed · Signals, not tips · How it works