Horseracing is a sport that is recognized worldwide. There are two types of races, flat racing and jump racing. The most commonly raced horses are known as thoroughbreds. Horseracing has quite a different dynamic and intensity to other sports. There are also a few things you need to know if you plan on becoming part of the horseracing and track-betting world.
Thoroughbred horses are generally sold or syndicated through agencies such as G1X Bloodstock. These agencies not only sell horses, they also keep you up to date with the latest news, trends and analytics of the horseracing industry so you and your horse can always stay on top of things. Syndicating of a horse means that you get to own “shares” in various horses, as you would do in a company. If that horse does will on the track, so will you. Basically it means you are investing in the horse.
If you are going down to the tracks for the first time, you will definitely need a program of the events and a racing form, both of which can be purchased at the venue. If you decide on betting from home, both of these things can be purchased online through reliable data providers. The program will tell you all the important information you need to know about the day’s events such as the thoroughbreds, their jockeys, race distances and so much more.
After you have found your seating (you may have to pay a little more depending on where you sit!), you must take some time to review the program and racing form. Once you have familiarized yourself with it, it is time to inspect the horses. The ideal place to check out horses is generally the paddock. This is where all thoroughbred bloodstock get saddled before the race. The horse you intend to bet on must look well, light footed and generally ready for the race.
After studying the forms and examining the horses, it is time to make your bet. Unlike other types of gambling, in horseracing you are not typically playing against the house. What makes betting on a horserace so unique is that you are playing against other enthusiasts like yourself. The other betters are your competitors. In horse betting, the money from all the bets is pooled, and if you win you get a portion of that pool. How much you win depends on how many of the other participants win.
Once you have placed your bet it is now time to return to your seat and wait for the race to begin. May the odds be in your favor!