Betting On Horse Races - How Fun And Exciting Could It Be

A great deal of things have changed since those days, but not always for the better. The vig is no longer negotiable and the only betting you can do legally is via the state. I know what you're going to say, you are not betting through the country, but rather throughout the race track. That just isn't true. The state permits the track and the track acts as their agents, but it's the state that determines what the vig will be and what the laws and principles of gambling will be.



Your objective is to find the horse at another third of those races where the expected doesn't happen. It will usually be obtained by a horse that's not from the top three. The simple truth that you must understand if you wish to make money betting on horses is that horses that look like winners are over bet and don't pay well enough to make you a profit.

If you use this concept and start looking to find favourites that are brief in cost and can learn to get them beaten then you're on route to more betting success. So learning how to use trainer strike rates when considering every wager is a wise and necessary process of form reading.



This works best with simulcast like in Vegas since you have tons of races to choose from. But it will also work at a track. When at the track I like to place a $2 show bet on a long shot once the odds don't workout for me to pick a winner. It is not a good bet but it gives me some pleasure for only $2 bucks.

Self-control and subject are one of the best traits you have to have in order to have good bets and good wins in horse betting. Pick only the races you need to wager and avoid betting on all games.

The problem isn't that you need to be smarter than most of the people, you just have to be smarter than some of the people and most importantly, you need to be a smart bettor by avoiding a couple of basic mistakes that ruin most horse players. How many things do you do in life that one or 2 simple mistakes can ruin or ruin? You probably have quite a list.

Some people do not think you can make money betting on the races. I've been asked many times,"Can you make a living Betting on horse races?" I say you can, if you treat it like a business and work very hard at it, but you do not have to take my word for it. A branch of the federal government of the USA, the IRS, has forms for reporting winnings along with a way to write off costs, just like other businesses. You can write off losses but you better keep very good records, just as you should in any enterprise.

If the odds on the favorite are really bad like 1 to 6, use your own discretion. This horse will win 90% of the time but you risk a lot for a chance to win very little. Sometimes I just don't bet and go get a hot dog or something instead.