There is a type of betting pool that is becoming very popular – the boring one. The concept is basically the same as your regular gambling pool, but without the excitement of betting on the outcome of sporting events. Instead, you are entering a single, pre-determined outcome – for example, the horse chosen by the jockey in the next Kentucky Derby. You don’t need to worry about making bets, as the bookies take care of that for you. If you’re looking for an easy way to make some extra cash, or just want to try out a new way to enjoy leisure time, this is the perfect option for you.
The Pros
While we are aware of the downsides to gambling, there are some definite benefits to betting on horse races. For starters, there is the thrill of winning or gambling and the satisfaction of knowing you used your skills to beat the odds. Furthermore, if you ever wanted to try your hand at gambling, betting on horse races is one of the easier ways to do it legally. The worst that can happen is that you lose money, not that you end up in jail.
The Cons
Even though the upsides are numerous, there are still some serious cons associated with gambling. First off, if you’re not familiar with racing, it’s not easy to follow the action as it happens. You also won’t have the same adrenaline rush as you would if you were betting on a sporting event, or at least will find it less stimulating. The last thing anybody needs is a racing novel already written in their head while they’re watching the action unfold on TV. The same goes for people who are already suffering from compulsive gambling habits – this form of betting can quickly lead to problems. Finally, there is always the chance that you will hit on a losing streak and end up losing a large sum of money, which could put you in a financial hole. This is why it’s important to keep things fun and exciting when playing any type of betting pool, but especially when playing on horse races as it is easy to lose focus and get distracted.
The Bottom Line
Although we feel that there are a lot of upsides to betting on horse races, one thing is for sure – it’s not for everybody. If you’re looking for a new way to spend your leisure time, this is a great option, but it’s not for everybody. If you’re looking to make some extra cash and don’t want to risk going into debt, this is also a great option. However, if you’re looking for a way to beat the odds or just want to try out gambling, we recommend staying away from this form of betting. It’s not worth the risks involved if you want to keep your financial and personal integrity intact. If you’re new to betting or just want to try something different, you can’t go wrong with the boring option. Just make sure that you are aware of the risks before committing.