With big events such as the 2024 Preakness race fast approaching, you may already be considering your strategy for betting on the winning horse. Whether you’re making predictions about the Preakness odds or another horse racing event there are several factors you ought to consider to increase your chances of picking an accurate outcome. From the breed and age of the horses to the jockey’s level of skill and experience, each factor plays an important role. Continue reading to take a closer look at what to consider when seeking to place accurate bets.

The breed of the horse

The breed of the horse is an important factor to consider when placing a bet at the Preakness races. Every breed has uniquely distinct characteristics which affect their performance on the track. For example, Thoroughbreds are a popular choice for flat racing because of their elite speed and agility. Meanwhile, Standardbreds stand a fair chance of winning in harness racing because of their natural endurance and strength.

If you do your research into the breed of the horse, you are sure to gain insight into their innate abilities, allowing you to make informed betting decisions. The Preakness race is a thoroughbred horse race so you may have to look at even more specific factors related to breeding such as the horse’s origin and lineage.

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