When it comes to getting ahead when betting on horses or any other kind of gambling, there are some basic mistake people make that lead to huge losses when they could have finished ahead. When people go to Las Vegas and start gambling, they usually only have a couple of days in the casinos. That means if they start losing early on, they go into panic mode and start increasing their bets in hopes of breaking even or finishing ahead. In other words, they are playing for the short run instead of the long haul. One of the great things about horse racing is that with online betting and off-track betting, it’s possible to play nearly every track in the nation from nearly any state and it is all legal. So if you have a bad day at the track, you don’t have to worry about winning back all of your money in only a couple of days. You can take your time, bet smarter and wipe out the loss over a matter of weeks or months instead of hours or days.