From Bertelsmann Future Challenges
Many people look at the horse races as simple entertainment. They go towards the races or OTB parlor making some bets and then try to get lucky. The races are entertaining and also the colorful people you meet at the horse races are often well worth the cost of admission. Have you ever think of what's going on in the track? When you place a bet, it is a pari-mutuel wager, meaning you're betting against the other players.
Can you take a seat at a poker table without asking yourself who the other players were? If so, you must be considered a rank amateur because in almost any game, in order to have the best chance of winning, you should know your attacker better than she or he knows you. Obviously, you can't know all the people at the race track, but you might have an idea of in which the money is coming from and who you're playing against.
Browse around you at the races and get yourself the number of people are connected in some way using the horses and the those who are directly active in the races. Owners may not have inside details about every horse within the race, but many of them will have more details than you have about a minumum of one horse within the race.
At just about any race track a lot of the money that's wagered on just about any race is inside money. Think of all the people who have use of information that's not within the racing forms or programs. Have you visit the workouts for the last thirty days watching the horses work in the morning? You can bet that some of the people you're betting against did.
Do you know which jockey has personal problems and is therefore distracted and never prone to ride their best today? Once more, there are people who have that information. Actually, you will find as numerous bits of data and information affecting the end result of the race that are not in the past performances or racing programs because there are bits of info which are within the program.
That means that you're in a distinct disadvantage unless you learn to watch the money and consider what it really means and how it is spread around. The timing of bets is crucial and so are the particular amounts in each pool, specifically how that money is disbursed. For example, what is the higher number of money in the show pool on a certain horse than there is in the win pool?
What am i saying? Where did the money originate from? The best way to handle these horse racing mysteries would be to watch the races and also the pools not less than per month and keep notes. Watch the betting action after which see what happens in the races. Before long you'll determine what this means and also the mysteries is going to be solved. Which means you will finally understand what's really happening and who's behind it.