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Lots of people look at the horse races as basic entertainment. They're going to the races or OTB parlor making some bets and then try to get lucky. The races are entertaining and the colorful people you meet in the horse races in many cases are worth the cost of admission. Did you ever really think of what is happening in the track? When you place a bet, it's 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 another players were? If that's the case, you have to be considered a rank amateur because in any game, to be able to have the best chance of winning, you need to know your opponent better than he or she knows you. Obviously, you can't understand all the people at the race track, however, you might have a concept of where the money is originating from and who you're playing against.
Look around you at the races and ask yourself how many people are connected in some manner with the horses and also the people who are directly involved in the races. The owners might not have inside information about every horse within the race, quite a few them do have more information than you have about a minumum of one horse within the race.
At just about any race track many of the money that's wagered on almost any race is inside money. Consider everyone who have access to information that isn't in the racing forms or programs. Did you visit the workouts for the last four weeks and watch the horses work in the morning? You can bet that some people you're betting against did.
Do you know which jockey has personal problems and it is therefore distracted and never likely to ride his or her best today? Once again, you will find those who have that information. In fact, there are as numerous bits of data and information that affect the end result from the race that aren't in the past performances or racing programs as there are items of info which are in the program.
That means that you're in a distinct disadvantage unless you learn how to watch the cash and consider what it means and how it's spread around. The timing of bets is crucial and they are the actual amounts in each pool, specifically how those funds is disbursed. For example, is there a higher number of profit the show pool on the certain horse than there is within the win pool?
What does that mean? Where did the cash come from? The easiest method to handle these horse racing mysteries is to watch the races and also the pools not less than a month and keep notes. Watch the betting action and then see what happens within the races. After a while you'll determine what it means and the mysteries will be solved. That means ultimately you will understand what's really happening and who is behind it.