Articles about horse race betting help you understand horseracing

Horse racing began in America in the mid 1600’s with its first race track being constructed in Long Island. Organized horse racing found its way into America with the introduction of the American Stud Brook and with that there were 314 race tracks operational in United States by 1890. However, an anti-gambling sentiment prevalent in the society at that time led to the ban of taking bets and placing odds, called bookmaking.

In 1908 the fading racing industry made an about turn with the introduction of a new betting system called Pari-mutuel betting which ensured that wagers were led against other bettors and not the house.
Horse racing systems and betting patterns have long evolved since. There are primarily three types of racing styles namely Thoroughbred Racing, Quarter Horse Racing and Standard bread horse racing.
The main objective of horse race betting is to win money. Betting makes the game more exciting and enjoyable. There are several articles about horse race betting that can help you understand the several betting styles and patterns.

Idado.com’s article on “Horse racing betting rules” sheds light on the basics of betting and to get a clearer idea of the difference between the Sportsbook and the Oddsmaker. This article will also help you understand the several betting varieties and betting combinations. If you are looking for some examples of betting and its variations you get your answers here.

Racehorsebook.com gives the explanation of the basics of horse race betting. You will find discussions on pari-mutuel betting, pay off calculations, betting options placing a bet at the track and the track cut.
Horse race betting also involves understanding the past performance of horses. After a race is over all the information regarding the race and the performance of each individual horse is collected in the form of statistical data. This data is then printed in the racing form 48 hours prior to the next race.

Kenneth Strong’s article “Horse Betting: Understanding the Past Performances – Part 1”
in Ultimatecapper.com gives you an understanding of the importance of past performances. This article also teaches you how to read and translate these performance sections to your advantage.

Another very interesting read by the same author Kenneth Strong is “Horse Betting Odds – Explained”. In this article Kenneth Strong elucidates how horse betting odds are created and influenced. He tells you about how to pick winners and most essentially winners that make more money!

However, as statistical as horse racing systems may be they are bound to fail at some point. Some people have gone ahead and invested in good horse racing systems in the hope of making a lot of money. An article on horse race betting by Steve Dickenson in winningmore.com speaks of the vulnerability of these systems and goes on to analyze “horse racing betting systems – why do so many fail?”. This article shares a clinical insight into the world of betting systems and their effectiveness.

All these articles about horse race betting shall arm you with almost all the information that you require to help you win at the racing track!

articles about horse race betting systems that will guide you.

Articles about horse race betting are to be read to give you important information that can either help you make a lot of money or at least upgrade your knowledge on placing a bet! But if you are going to do it the old fashioned way, it is important to have a lot of patience which will help you to succeed in the end.

This way includes watching and following the performances of certain horses, which will help you to identify good horses. In a way, you have to be like a trainer yourself and watch the maiden ranks of horses that might not look too good on paper but may prove to be a great bet in the very next race! Trainers have an eye to spot horses that have a “correctable” problem and many a time the very same “loser” will pay a huge amount when they win!

While betting on a horse it is advisable to look for horses that have won in the past but for some reason or the other has stopped running well. The reason could be because of lousy trainers! Keeping the past history of the horses in mind, do not scratch them off your list of “probables” because in the hands of a more expert and capable trainer they are bound to finish well or even win!

There are plenty of articles about horse race betting systems that are based on the “history/past runs” of the horses, rather than the merits of the horse, to make certain conclusions regarding the “odds”. There are betting systems that take the speed, class, form etc of the horse into consideration as compared to other horses. A good system will also have precise explanation about the advantages over other horses. Based on the advantages and disadvantages of each horse, handicappers find good bets. A lot of people will try betting on the “favorite” or the “top horse”.

Today, horse race betting systems are also available online and in a software format which has a username/password. You can monitor the races and check if the system is making money or not. Live audio and video sites can help you to watch racetracks across the USA, from the comfort of your home! There is also a good way to collect past information and data on the horses at online data bases which will also help you to pick the “favorite”.

It is usually said that 95% of race betting guides don’t really work even though they promise to teach you the finer points of betting and how to make a huge profit! Before you begin to spend your money you should check if the guide has a guarantee which will help you test the guide without risking your hard earned cash! You would do well to test it on paper before actually betting your money, and once it passes, you can go ahead with more confidence!

Articles about horse race betting will keep you in touch with the latest systems that will help you develop your handicapping skills and pick a winner every time!

The Factors that Affect Horse Racing Betting Odds

People who gamble their money in competitions like boxing matches or horse racing know that they cannot bet their cash indiscriminately. You see, gambling in events like these do not purely depend on luck. You cannot trust your money to pure luck when you have other factors to consider. One thing that people who bet on the track always do is consult the horse racing betting odds. These figures help them decide where to place their money on. They bet their money depending on the chances shown by the horse racing betting odds.

But what factors affect horse racing betting odds?

1) Reputation – the reputation of the horses and their jockeys obviously affects the horse racing betting odds. When you think about it that is the factor on which they base the horse racing betting odds before it can be affected by other factors.

The reputation of a horse and its rider sets the horse racing betting odds. This is because of the fact that the reputation provides people with the initial impulse to bet or not to bet. The reputation of a horse and its rider is earned through countless races. Thus, a reputable competitor gets good odds of winning a race. The horse race betting odds are affected by the reputation mainly because of the fact that it is, in fact, an amalgamation of the results of the horse’s previous races. Thus, if the horse is a virtual unknown, then it would be hard to set the horse race betting odds.

2) Condition – before the actual race, many “experts” study the condition of the competitors. This will help determine the actual horse race betting odds in the day of the race. By “condition” we refer to the various characteristics of the horse and of the rider before the actual race. This includes the physical condition of the horse, which tells you about its potential performance in the race. It also includes the emotional condition or “fighting spirit” of the horse which will tell you how far a horse will go to achieve its potential.

Today, the condition of the horse is so important that various experts make use of different equipment in order to observe it properly. Some people may see this as an extravagant expense, but people who are in on the business know that a lot more money depends on the condition of the horses.

3) House – it is often the case that the “house” or the track actually places a bet on the horses. Because of this, the horse race betting odds become adjusted. Many people base their bets on the decision made by the track. This is often the case when a gambler wants to win a specific quantity of cash. If, for example, he or she bets on the “underdog” of the race, he or she could win a huge amount of cash.

Of course, most people just go with the house since the house is actually able to observe the competitors better. This way, they have a larger chance of winning although their winnings would be comparably smaller.

What’s important about horse racing betting odds is the fact that those figures are information. Those figures help the undecided commit their cash to something. Without the horse race betting odds, a person would have no way to figure out which horse to bet on.