Every single person that wants to make a first bet on a horse race will ask himself/herself if there are people that are actually making money by doing this. One problem that you should be aware of is the fact that those individuals that actually make money through gambling are rarely going to advertise this. Such an approach makes sense due to the fact that there are taxes that need to be paid and there would be a huge number of people that would bug them in order to learn how to bet properly.

Think about the fact that the IRS is currently spending money in order to find gamblers that make money so that they are going to have to pay taxes. This is basically proof that there are people that do make money with horse racing betting. If you play exotic bets and trifecta bets for a long period of time, you will eventually end up with a big payoff and there is a need to fill that IRS form. The winnings need to be declared. Remember that you can also write off gambling losses in the event that you will keep really accurate records. All these procedures and forms are proof that people make a lot of money through gambling and horse racing bets.

There are some cases when a bettor will get lucky and due to an exotic bet, they managed to reach a really high payday. Not all people that fill IRS forms are professional gamblers. Those that will regularly declare taxes related to gambling are professionals and will always use some sort of system. In order to actually gain profit over and over again, there has to be a system that is utilized.

What you need to understand is the fact that there are very good systems that will help you bet on horse racing but it will take a lot of effort and time to properly learn how to use them. Experience in knowing how to properly customize a system when taking into account your betting style is what will always be required. There is absolutely no system that will work every single time and that will offer you an automatic profit without effort. Always remember this when you read an ad about horse racing systems that are said to be the best in the world. Try to learn as much as possible about betting on horse races and you will eventually be successful.