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All articles by Alan Cramer -
How to bet on horse racing and win! The first thing to
understand is that in traditional horse racing betting, you are in
direct competition with the 'bookie' - the person or company that
lays the odds. They want your money, and you want theirs. Each
bookie has an 'oddsmaker' - a person or system that creates their
'book'. In theory a book is structured so that the bookie can't
lose - whoever wins the race,
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