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Betting On Auto Racing: What Are The Odds?

| Articles | October 21, 2008

Gambling comes in many forms and just when you thought that betting on horse races went out of style; there comes a new fad that many people consider just as fun. Indeed, betting on people who are involved in the auto racing sport has become just as popular, if not more popular, than individuals betting on their horse races. But is there any benefit to betting on the drivers of the cars in the auto racing industry? What’s even more interesting is the fact that many similarities and differences lie between the activity of betting on horse races and auto races. But see for yourself whether you should bet on someone involved in auto racing, and the benefit just may fall your way.

Similarities with Horse Race Bets

Just as horse race betting was very popular just ten to twenty years ago, the betting of horse races has now turned into auto racing betting, which is no better than simply gambling. The main similarity that auto racing bets have with those who bet on horse races is the fact that there is no simple way to know who’s going to win the race. Just as horses are too unpredictable to bet on, so are humans who have auto-raced for a long time. The driver of the car may be having an “off” day, just as any horse can as well.

Another way, though, that auto racing betting is similar to horse race betting is the fact that there is a whole market out for it. Indeed, there are many people who consider auto racing to be even more important than horse racing, and many people in the same circles that bet on horse racing are now betting on the drivers that engage in auto racing.

Main Difference with Auto Racing

One of the best things about betting on auto racing, though, is that humans are more predictable than horses ever could be. Just think about the NASCAR situation: when someone comes in first place it’s rare that the spot is ever moved. Unless the car and driver of auto racing change in some significant way, the same drivers of the auto racing industry continue to keep their important status over time. This whole situation makes betting on auto racing not just more predictable, but also easier to win.

But consider the situation of auto racing bets when a bet is placed on a car and driver who has come in first place consistently for the past half of a year. Even though it is very likely that the person who has come in first place will do so again for many times over, it is also very likely that a new car and driver will easily beat out and win over the regular winner of the auto race.

In the end, is it ever really beneficial to bet on any of the auto racing that goes on, or is it ever beneficial to bet on any of the horse races that go on? Even though there are people who do find those times that they win a jackpot with the races that they bet on, more often than not they are sorely disappointed when their auto racing driver has lost to their colleagues. For this reason, the odds of winning bets on auto racing, even though they seem likely, can actually be slim to none!

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