Today, in America, betting is a multi billion annual industry, providing large tax revenues to the United States Government. This is probably the main reason why many forms of betting have been authorized in 48 out of 50 states. Horse betting is a legal activity, catching the attention of many people of different professions, financial status or ethnic background, all fascinated by the money, adventure and excitement offered by horse racing.

Many people practice horse betting as a sport, thus being a form of recreation for them after long oppressive hours spent in an office, deprived of the freedom that can be granted through horse racing. Wagers are placed for fun, but the prize money, in case there is a winner, is never enough, making the bettor feel confident and in good spirits. Although done only for fun, horse betting should follow some basic rules that any bettor has to be aware of in order to enjoy horse racing. Statistics show that half of the adult American population enjoys horse betting quite frequently, but it's entirely up to them to apply these basic rules or simply trust their luck.

Never bet more than you can afford! A simple rule, easier said than done though. Many of the horse race bettors fall for this trap: at one point, either winning or losing, they are tempted to bet amounts they cannot afford. Don't do that yourself! The only way you can enjoy the experience of betting on your favorite horse, either at the horse racing track or online, is to know from the very beginning exactly how much you can afford to lose. Betting a larger amount of money, especially when you are loosing, it's a sure routine towards having your trust and self-esteem pressed flat by the iron of deception.

Don't try to be a wise guy! Often, in the betting fever, you might get persuaded to "rely" on your friends' recommendations, on how much, or what to bet on. Most of the time you'll end up disappointed. It's better to trust your instincts and make a smaller profit than to earn nothing or even lose. Learn the mechanisms of horse betting, find out how difficult it is to choose a potential winner in the horse racing world. Last, but not least, learn to enjoy the moment when you are rewarded for your wise bet. In order not to fail, you have to do some research on the horses' previous performances, age, breeding, characteristics, jockeys and, why not, weather conditions. You can do this by visiting websites such as horse-info.net. Horse betting agencies take into account all these aspects when deciding the stakes. It is equally important to know all the imponderables of horse racing and predict how they might affect your chances of winning.

The pedigree of the main competitors in horse racing is a relevant piece of information, especially in the case of popular prestigious horse races such as Kentucky Derby. You can read books or access dedicated websites, such as horse-info.net, offering plenty of news, details or tips on horse racing. In horse betting, an important clue to consider is the number of races each horse runs per day. Sometimes, horses run in several races during the same day and they get tired. This might slow them down if not even make them lose the race. Another good advice is that the horse racing track is not the place to be misogynistic. Don't underestimate female jockeys, as lately they've done wonders.