A lot of people think that betting on horse races is just another form of gambling. Well, that’s not entirely true. Although there is a certain amount of risk involved every time you place a bet, with a bit of research and by using the right method, you can seriously reduce it. In other words, horse racing betting is not gambling in the same sense that playing the roulette or buying a lottery is. You don’t make your bets based on hunches and blind luck, you place them based on the information you have gathered.