| Although gambling in any form has been in large | | | | workings of the game which will at least help you |
| looked down by the society, horse racing laying | | | | to recover any losses that you may have |
| and horse betting has somehow not only avoided | | | | incurred. |
| that tarnished image, but it has almost gained a | | | | Quality of the horses: In any kind of race, speed |
| certain reputation of its own. It is now the | | | | determines the winner. So keep a lookout for the |
| preferred past-time of the rich and the elite and | | | | fastest horse. If you are new to the circuit, then |
| for some it has become the most important | | | | better do your ground work and research before |
| event of their lives. But that does not mean that | | | | staking on a horse. It is a fact that even the best |
| the chances of profitable returns are any better | | | | of horses end up loosing in the most unexpected |
| than roulette or card games, because at the end | | | | situations, but you should at least know the |
| of the day it is still a gamble and you can lose for | | | | history of the horse you are betting on. |
| years before your horse wins a single race. | | | | Track Record: Also, have a look on the track on |
| Hedging and Arbitrage: Horse Racing is often | | | | which the race is taking place. Dirt tracks are |
| based on these two financial systems. Hedging is | | | | harder for horses to run on than turf tracks. The |
| betting on multiple outcomes in a race. One bets | | | | horses tend to skid on the dirt and it often |
| on more than one horse, or bets for the different | | | | aggravates any injury that the horse may have |
| position in which the horse might finish. Arbitrage, | | | | had. Turf tracks are more suitable for horses, and |
| on the other hand is to lay the horse on a lower | | | | if in case you are betting in a race taking place on |
| price and then back it up at a higher price. | | | | the dirt track, then you need to enquire about the |
| There are other forms of betting as well like the | | | | past performances on dirt tracks of the horses |
| jockey form- the trainer form and the lane draw. | | | | that you would be betting on. |
| There are no hard and fast formulas that will | | | | Try out this exciting world of horse betting and |
| allow you to win races at a stretch, but with | | | | win some money too! |
| practice you can at least get an idea about the | | | | |