Most people know horse racing as a risky gambling game, but having studied several horse racing gambling systems, I prefer not to see it that way now. It is actually possible to take calculated risks and generate profits from horse racing, just like any other investment in the world. There will certainly be risks involved in horse racing, but if you understand the risks you are going through, you will already be ahead of 99% of the punters.Anyone can create their own horse racing gambling system, but for beginners, it is better to use what is working already. If you are interested in making your own horse racing system, there are several fundamental factors you should know.The best and most consistent horse racing gambling systems usually take into account the top favorites of the races, and seldom make exotic bets. Exotic bets may give you better odds, but it is more suitable for the fun and adventurous gambler.The distance of the race is the most important factor in predicting the winning horse. Short distances are obviously more suitable for horses that are trained for speed, while long distances are better for horses who do not get tired easily.The next factor is the number of runners in the race. The more runners in a race, the lower the chance of any single horse has of winning the race. The chances of the horses blocking each other and preventing the favorite from having a clear run are also increased.Finally, look at the form of the horses that are running. On top of having good form, the horse should also have run recently to ensure that the form you are looking at is reliable. Any number of days more than 30 is generally considered to be long and you should not use its form as a reliable factor anymore.If you want to know about a horse racing software I am using that integrates horse selections with a staking calculator, you can visit the link below for more information.