How to business invest in racing instead of gamble is the main way to make money in racing. Because investing and gambling are two very different things. Investing is where you know the structure of how the money is to be made by understanding the profit structure of the endeavor. The investor know the risks and the precautions to take. As an example: with gambling the player plays a race that he or she can’t possibly be profited from given the ticket price. With investing the player assesses the potential profit of the same race by using profitcapping odds (money) and handicapping odds (racing odds of the horse’s chances) and passes the race.
A gambler must figure out how much to wager each time with each race and buy a ticket usually with different dollar amounts each time for the same bet types. A business investor’s ticket price will be the same amount each time for the same bet type for the same field size over months and years. Because they’ve found the basic sub-structure of how the money is designed in the game. This is a powerful piece of information that all players should know. A business investor has a firm grasp of when to pass or play a race 918kiss .
Racing wasn’t invented 2-3 years ago and it wasn’t invented by one person. Racing is complex. Once a gambler gets sensible about the game he or she uses statistics because racing’s a statistical game. This is to find out dozens of things in order to play the game as a business. After a while a professional gambler turns into a professional investor and there’s no more betting. Because betting is when the player doesn’t know fully what they’re doing. A gambler will not keep records of their activities but an investor will keep records.
This is exactly what the track people will do: keep records of all activities and all transactions. Why? because horse racing isn’t a gambling sport but a business organization. In racing it takes money to make money. You must know some of the simple sub-structures of the money side or return on investment (profitcapping) side of racing. On the profitcapping side some of these include: average ticket price, ticket price, ticket probability, ticket strength, ticket format, potential profit over months and years, money management, price and value, profit potential pass or play, horse racing simple statistical tools, tote odds fluctuation, return on investment, etc.
On the handicapping side some these are: handicap odds, statistical testing methods to find the most powerful predicting system for each order of finish position, race contention pass or play, etc. To be an investor isn’t to be a speculator. A speculator is another word for a gambler of which the player is asking all the wrong questions and therefore can’t find the core of the racing problem. Which is: the player’s very line of thinking in the game. The base structure of racing is that it’s made of two main parts: handicapping (an equine contest or race. No money is involved) and profitcapping or profit and money-making. This is the first step on how to invest in racing instead of gamble.