You can study all kinds of horse racing statistics about all kinds of horses and many different tracks, but the bottom line really is a question of whether winning is pure luck or if it actually can be determined by some winning method. It doesnt really matter if you are betting at a horse race track or you are putting money down on a NBA game. No matter what you do or what horse racing statistics you study, the bottom line is that you have a chance that you will win and you have a chance that you will lose. Have you ever heard some of the worlds best gamblers at different arenas say that their gambling is more of a sport that they can influence, and that their winnings are not merely luck. How can this be? Doesnt strategy defeat the very definition of gambling? Maybe we need to start with some of the reasons why people fail. Often, isnt it simply a case of relying on lady luck to bring you success that makes you fail? If this is the case, why bother trying to come up with any kind of winning strategies? When you are looking at horse racing statistics, there are three things that are going to influence which horse you choose as you consider betting on horse racing. Regardless of any other horse racing system you choose to use, you need to consider the odds, the horse racing statistics, and the outside influences. The odds are also referred to as the value, statistics cover the horses recent training performances, the jockey that is on and the horses previous form, and the outside influences are things like the condition of the course, the conditions of the race and also of course the competition. There are some mistakes that are so commonly made that it makes you wonder why people continue to make them. One of them is assuming that if the price for odds on a horse are high it must mean that the horse has a better chance of winning. First and foremost, you do not want to keep basing your horse racing system on price alone, as this is a very foolish thing to do. It does not make sense. Many people simply decide that their strategy for betting on horse racing is to just pick the favorites. You must remember this though, if you look at the horse racing statistics: favorites only win less than one third of the time!

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