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Horse Racing: How To Profit – You Must Grasp That Racing’s A Business

Yes – that’s correct: horse racing’s a business. This is obvious? This is in fact something that many players don’t catch and/or trivialize and racing’s a business like all other for-profit businesses. It’s their to profit just like you are there to profit and to make a profit the player must do the same things as the track does. That’s to know how to manage money and keep detailed records of all transactions of which most players don’t do and don’t want to do. Racing organizations act similar to a broker in that they hold your money, give you a receipt or a ticket as a record, take a small fee for doing so and payout the rest to the winners. This makes racing a business.

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