Horse racing: Men willing to bet on horses after assessing riders’ odds have higher IQs

Not such a game of cups after all: Men willing to bet on horse racing after assessing runners’ odds have higher IQs than those who don’t, study finds

  • Men Who Risk Money After Assessing Horse’s Odds Could Have Higher IQs
  • Success May Depend on Analyzing a Horse’s Previous Form, Study Reveals
  • This has led academics to believe that racing enthusiasts often make tough decisions

Betting on horse racing might not be so easy after all – a study has found that men who are willing to risk money after assessing racers’ odds have higher IQs than those who aren’t. don’t.

Academics believe this is because racing enthusiasts often have to make difficult decisions, as success may depend on analyzing a horse’s previous form, unlike other forms of gambling such as the lottery or the slot machines.

They prefer more complex rigs such as accumulators, while success can often depend on analyzing the animal’s previous form.

Betting on horse racing might not be so easy after all – a study has found that men who are willing to risk money after assessing racers’ odds have higher IQs than those who aren’t. don’t (file photo)

The study of 15,500 UK gamblers by the University of Liverpool and the University of Eastern Finland said: “Compared to the average male in our sample, the average gambler has a higher IQ score.

“It’s plausible that intelligent people derive satisfaction from engrossing themselves in tasks that involve calculating numbers such as betting on horses.”

“They like the intellectual challenge.”

Academics believe this is because racing enthusiasts often have to make difficult decisions, as success may depend on analyzing a horse's previous form, unlike other forms of gambling such than the lottery or slot machines (file photo of betting slips)

Academics believe this is because racing enthusiasts often have to make difficult decisions, as success may depend on analyzing a horse’s previous form, unlike other forms of gambling such than the lottery or slot machines (file photo of betting slips)

More than 19 in 20 horse racing enthusiasts would also place a bet in an industry worth around £4billion a year.

Researcher Jani Saastamoinen wrote in the Journal Of Behavioral Decision Making: “Bettors use their knowledge and skills to make careful judgments about the outcome of a race.”

He added: “Punters use their knowledge and skill to make careful judgments about the outcome of a race and even losing bets is a source of pride as opposed to winning by pure chance.”