Horse betting strategies have their own history in the profession of horse betting. They have developed over time as with every other thing does. Although different people have different opinions on the issue, most experts agree over some fundamental strategies that may help a newcomer earn some quick bucks. Like everything else, there have been numerous books and articles written on the subject. Many of them can be found in any good book store.
There are numerous factors influencing the profession like state of the track, horse breed, history of the horse, odds, distance etc. One must get a fair idea of all these to enter the profession. Different breeds perform differently for different distance races. There are a few breeds which have a fantastic stamina and hence have the ability to compete in long races while there are a few that might have higher speed. The latter would perform the best for the short distance races.
The post position also matters a lot. According to many experts, the outer two as well as the inner two tracks are the most difficult. Therefore, betting on the horses that are in the center tracks is less risky and could get better results.
A history of the horse which is racing also decides the bet. A horse which has been consistent gets more support and it has additional money riding upon it. The betting odds also influence the bets. Many individuals predict that horse with the lowest odds to win and therefore invest their money upon it.
The condition of the horse racing track is also a deciding factor. The performance of the horse also depends on the type of track the horse is racing on. If the track is a kind of a dirt track, the horse has to slide more than ever before. So, an even more powerfully built horse will perform better on such tracks. If it is a turf (smooth) track, then a horse is not bound by physical limitations and a horse with increased speed can do much better than others. So, a lightly built horse that can speed up a lot more than others has a higher chance of winning.
Although, many experts have agreed on these few basic strategies, it is often observed that it is not applicable to everyone. There are numerous superstitious people who have some favorites and thus bet only on them even though the horse may not have been winning at all. Many of them, especially owners, are ruled by emotions with regards to horses and thus prefer to bet only on them.
Altogether, horse betting is regarded as a game of chance. Even if an individual keeps all the strategies in mind and invests the most effective bets possible, there is no guarantee that the person is likely to succeed although he’s got a fair chance of winning. It might be entirely possible that the horse winning for the past five races meets with an accident and thus loses. In this instance, the heavy bets on him will deliver huge losses for the bettors.