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Horse Racing Betting Profits and Systems Based On Tote Board Odds

It’s very difficult to make a profit betting on horse races because the market is self regulating. In other words, it adjusts to the conditions. The bettors set the odds in a pari-mutuel system and the public is very good at determining the chances of a horse winning a race. The reason you can’t make money betting on their top choice is simple. The track has to take money out of the pari-mutuel pool in order to pay itself and the state.

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