Betting on Big Stakes Races – Pros and Cons

When betting on horses choosing which races to wager on is very important. It not only important to know how to handicap a horse race, but you also have to use your time wisely if you want to make a profit when wagering on horses.

Even though computers have made it much easier in recent years to deal with racing data and live race-casting and online wagering has made the chose much easier to bet on races it still boils down to making the right picks and pinpointing horses that give you the best chance to win some money.

Many people do not realize that a very big part of handicapping horse races is finding out what horses mean well. This basically means what horses have the right connections and form to win a race and what horses are just there to run the race, maybe to find form or to get ready for another race. If you do not know this you should, as you this is vital if you want to make good money when you wager on horse racing.

For serious horse bettors, wagering on horses is a business for them. The horse owners are not in it for the money, as to many of them it is just a hobby. However, owners do like to make money on racing and get back some of their losses and money they invested. Many owners will cash a big ticket by only concentrating on bigger stakes races. Fees for the trainers, bills for the veterinarian, cost a lot of money and it costs just as much to feed a claimer horse as it does a champion one.

Because of this a lot of horse owners will attempt for a stakes horse in their stable. The race purse will let you know how likely it is that a horse owner is letting their horse out for some exercise for their investment or if they are going out to win the race. You can be sure that for any Triple Crown race that no jockey has been told by the horse’s owner that they should just take a jaunt around the track and not worry about results. Therefore, on of the advantages of handicapping and wagering on stakes racing is that you can be pretty sure that every race in a well-meaning one. In races that do not have big purses this is simply not the case. However, this can also be beneficial to you if you can decide what horses are going for the big prize and then take them out of the equation.

One of the negative aspects of wagering on stakes races, such as a Triple Crown race, is that horses come from the world over. Some horses have not run on the stakes race surface, as they have run on turf or a synthetic surface. Since the horse has not run on the surface or even in the distance of the race, as well as not running against the other horses, make handicapping a horse race more difficult.

It comes down to a trade off between knowing that the horses are well meaning ones, but also finding out what horses will run well on the trace and surface and what horses will not handle it well. In terms of big stakes racing those are a few of the pros and cons.