The betting on a horse race starts as soon as the trace track will accept bets, or in the case of advanced deposit wagering interfaces on the internet, as soon as the ADW will take your bet. That may be an hour or more before the race track actually takes bets and maybe many hours before the actual race is run, if it's a later race. Once you've chosen the horse that you think will win the race, why not just put the bet down and then you won't have to worry about forgetting it and missing the bet, right?
If your memory is really that bad, it might be an option, but if you actually want to make some money betting on horse races, you should wait. Why wait? The reason you should wait is because the odds are the most important part of deciding if a bet is a good bet or a bad bet. Who wants to make bad bets?
Every professional gambler and many good recreational gamblers know that probability compared to the payoff is the secret to making a profit, and let's face it, when it comes to betting, it's all about having more when you're done than when you started. If the horse you bet on will pay $5 to win and will win the same race half the time if it's run 50 times, then that is a very good bet. For every two dollars wagered you'll make $2.50 back and like they say on the backstretch, "That's better than you can get from a bank."
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