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Software enabling you to back 3 horses in the same race greatly increassing your chances of winning.
There is a tango called 'Por una cabeza,' which translates as 'because of just one head,' which tells the tale of a man that lost everything he had on a racetrack because his preferred horse arrived second, at just one head of distance from the absolute winner. And yes, there are individuals who have such tales to tell, but horse racing is much more than just the tragedy of a few sick or unskilled individuals; horse races are shows and social events in full, besides from a profitable business.
Few people know that the British royal family actually breeds racing horses, and they have produced quite a number of champions over the year. Queen Elizabeth II is a keen enthusiast of horse races and events such as Ascott, and it is indeed rumoured that from time to time, she makes a bet or two.
At the racing track you can, of course, make al sorts of bets, and besides the seemingly chaotic appearance of the whole thing while races are actually taking place, there is much order and logic in the whole activity: to start with, bookies usually have to be properly licensed in order to fight clandestine wagering. At some race tracks, the use of mobile phones and other communication devices is strictly prohibited in order to further hamper clandestine betting and of course, there are guards and agents in charge of overseeing the whole thing.
Bookies themselves have to coordinate their activities in order to offer more or less the same odds all across the track; in order to achieve that they usually communicate among themselves using specific gestures, words and even secret codes.
So, horse racing is a complex thing that merits a visit if you have some time to spare.
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