Is The US Horse Racing Market Over Saturated?
Each day in the US there are at least 4 (possibly up to 8 or more) different race meetings, the majority of which are screened live on satellite TV, but many are now asking whether the US market is becoming saturated and a little difficult to forecast. Is the market being over cooked? Will this affect turnover in the US?
There is no doubt that the number of US race track meetings is massive compared to anywhere in the world. However, you need to appreciate that the US is a massive place compared to most other countries in the world, which may explain the mass of racing available on TV. This does not necessarily mean that the market cannot become over saturated and perhaps start to turn off gamblers, so what keeps them coming back?
Unfortunately for the professional (or amateur) gambler, the US market is very very difficult to forecast with many odds on favourites coming under pressure on what can be very demanding and tight dirt or grass tracks. Many people tend to go with the jockeys rather than the horses, with the main players in the US often getting the choice of a number of horses in each race they are involved. In order to appreciate this you need to consider the use of certain factors such as blinkers, and other aids, which can drastically improve a horse’s chances.
The US is one market where you need to monitor the odds just before the off to see where the professional money is going. Sometimes it may be too late to take advantage if you are not quick enough, but it is the often massive variation in the performance of the horses which keeps the gamblers coming back, and should do for some time to come. There is probably more racing that a gambler would be comfortable with, but the market is bigger and if you do your homework and watch the market you can actually pull out some interesting gambling odds.
