Watching horse racing can be made much more interesting if you make a bet on who is going to be the winner. Of course, it is good to know a bit about the runners and riders before you place your bet so that you know who is likely to do best.
One way of doing this is to consult with the bookmakers. Each horse is given odds by the bookmakers, which is the chance that they will win. These odds change depending on how many people make bets on particular horses and while all the time, before the race, these odds can change. If you bet on a horse that is expected to win, then you will only get a small return on your money if it wins. If you bet on a horse that is not likely to win, then you will get a large return on your money if it does win. There are times, when the horses which are thought to be the best, do not do well and one of the horses with high odds wins. If you win this bet then you can make a lot of money but it is rare and risky.
When you are deciding on your bet, then you firstly need to think whether you are prepared to take a big risk or small risk. Any bet is risky as there is never a guarantee that the horse you choose will win, even if the bookkeepers think that it will. It can really make a race more exciting if you are backing a particular horse and if you win a lot of money it can be even better. Just make sure that you only bet an amount of money that you can afford to lose, or else if your horse does not win, you may end up feeling very unhappy and disappointed and the whole idea should be to have fun.