Hey-- I think that horse racing is much like trading for the following reasons. Money management is key. Your bankroll must be relatively large to be successful. Your bets can reflect your risk tolerance, from pick 4s and picks 6s, like options in which you have a fair chance of losing all your capital but a fair chance of a big score. and small profits through show and place bets, (scalping. Has anyone else ever seen this parrallel?