How do people who place bets on horse racing do race analysis?
even researching videos on youtube, i managed to understand a little bit but still i still think it is something extremely risky in relation to other sports
It depends how you define exciting really, but I guess that could be true to some people. What I noticed in the past was that even if you have a really strong favorite it can easily run a terrible race and the odds can very so much in horse racing. When you look at past winning records they can be so variable and different horses can favor different terrain it is really so difficult to guess the winner. There is definitely potential to make money on this sport, especially if you can find several bookmakers offering special promotions that you can use to place overlapping bets with things like (pays 2nd, 3rd, 4th) but the best offers are likely to come around the biggest horse racing events just a few times a year.