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!