A little luck in horse racing never hurts, right? Of course not. There is even a name for it among handicappers. It is called “racing luck” and most would argue that it is real. Even though luck can help you win a bet from time to time at an online racebook, here is some truth about getting lucky in horse racing.
Skill Far Outweighs Luck in Horse Race Betting
Ask anyone that makes serious money betting horses. They will tell you that handicapping involves both skill and luck. They will also tell you that skill is the more important quality of a good handicapper. Luck is simply not reliable enough for you to depend on when making online racebook bets.
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Here’s the big difference. Skill is something you can count from day to day. It is consistent. When you learn how to evaluate the speed figure of a horse, determine its fitness, and weigh the stats of trainers against one another you are employing a skill that has been learned. Luck is inconsistent. You may have it or you may not have it.
It is also true that you can work to improve your skills as a handicapper. You can watch more race replays. You can learn how to better read the past performances. You can learn from other handicapper and copy their methods. Luck is not something that you can actively improve. No matter what you do, luck may choose to desert you at any time.
Someone once said, “The harder I work the luckier I get.” Ez Horse Betting believes that this also applies to horse racing. The more you learn about the game of handicapping, the more things will fall your way. This is not actually because you are becoming luckier at picking horses. It is because you are improving your handicapping skills.
The Myth of Racing Luck
A lot of people will tell the story of their first time visiting a racetrack or their first time making a bet at an online racebook. Most of them will claim that they cashed a big bet that first time, and they will call it beginner’s luck. This is a complete myth. There is no such thing as beginner’s luck in horse race betting. It is actually more likely that the newcomer was betting based on the tote board odds, or maybe they got a valid tip from another handicapper. Whatever the reason, things just worked out their way.
We should also touch upon the subject of superstitions here. Some people think that always betting on a certain number is lucky for them. Other believe that betting a gray horse is lucky. Still others think that the color of a jockey’s silks has something to do with it. None of these things make one iota of difference when it comes to horse racing. For one thing, a horse does not know what number it is wearing. It does not know what color the silks are. It probably doesn’t even understand that it is gray.
When a bettor runs through a series of days when most of the bets they make are winners, the bettor is likely to proclaim that luck is responsible. This again is false. All gambling is subject to variance. There will be periods when it seems like you cannot lose. There will be other times when it seems like you cannot lose. Luck has nothing to do with it.
You would be surprised at the number of bettors who even turn to things like astrology and psychics to pick winning horses. Ask yourself, if the psychic could really pick the winner of a horse race why wouldn’t they be betting every day? They could be very rich in a very short period of time.
Racing luck is a myth. But, EZ Horse Betting can send a little good luck your way when you sign up for one of our recommended online racebooks. You’ll get a nice bonus when you make your first wagering deposit. See? Your luck is already changing for the better!