If you’re thinking about betting on the big horse races, you might want to start with graded stakes races. In order to make sure that you’re not just blowing your money, allow us to explain exactly what a graded stakes race entails.
Not just any racetrack can consider itself a graded one. In order to earn a grade, there are certain conditions that have to be met first. First and foremost, the track has to be raced on for two years straight under the same restrictions. Participations in the race itself have to submit to post race drug testing. In addition, the purse for the race has to be greater than $75,000. Those are some tough criteria to meet, when you really think about it.
Now then, you have horses that go into these races…and they are tough competition. These are the best of the best in the world of horse racing. So you want to study each and every horse carefully. Yes, this means that you’re going to be pouring over numbers. But if you want to really bet on horse racing like the pros do, you would really do well to think about this type of thing. Just trying to go through the motions isn’t going to work out well for anyone. You are much better off studying handicapping techniques and people who use strong handicapping to pick the horses that they want to bet on. If you’re trying to befriend people that are serious about horse racing, they’ll appreciate that you know enough to realize that it’s more than just betting on the horse with the funny name.
We say that you should be careful when it comes to graded stakes betting because a lot of newcomers underestimate how fierce the competition really is. A race with three year old Thoroughbred horses isn’t one to sneeze at, or take lightly. You have to make sure that you’re going to be able to get things done in a certain way that’s very specific. Why not make sure that you are focus on the bigger picture here?
The gains you get form graded stakes can be absolutely huge — but so can the losses. If you’re ever in doubt, make sure that you’re betting small. There’s no need to put your mortgage on the horse races, though some people sadly have done just that. The world of horse betting is just too volatile for taking that type of risk. It stops being fun around here for us when big sums of money are involved because we can think of a thousand other things that we would rather get. But it’s going to be up to you to figure out your limits as well as who you’re going to aim for in the grades stakes races. Good luck!