Horse betting strategies have their own history in the profession of horse betting. They have developed with time as with every other thing does. Although folks have different opinions over the issue, most experts agree over some basic strategies that might help a beginner earn some quick bucks. Like anything else, there have been numerous books and articles written on the subject. Most of them are available in any good book store.
There are many factors influencing the profession like state of the track, horse breed, reputation of the horse, odds, distance etc. One must get a fair concept of all these to get in the profession. Different breeds perform differently for different distance races. There are a few breeds that have a great stamina and hence are able to compete in long races while there are a few that might have higher speed. The latter would perform the very best for the short distance races.
The post position also matters a great deal. According to many experts, the outer two as well as the inner two tracks are definitely the most challenging. Therefore, betting on the horses which are in the center tracks is less risky and could get better results.
The history of the horse which is racing also decides the bet. A horse that has been consistent gets more support and has additional money riding on it. The betting odds also influence the bets. Many people predict that horse with the lowest odds to win and therefore invest their cash on it.
The state of the horse racing track also is 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 perform 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 decided on these few basic strategies, it is often observed that it’s not applicable to everyone. There are numerous superstitious people who have some favorites and so bet only on them although the horse might possibly not have been winning at all. Most of them, especially owners, are ruled by emotions for their horses and thus choose to bet only on them.
Altogether, horse betting is considered as a game of chance. Even if an individual keeps all the strategies in mind and invests the most effective bets possible, there isn’t any guarantee that this individual is going to succeed although he’s got a fair prospect of winning. It might be possible that the horse winning in the past five races meets with an accident and thus loses. In this instance, the heavy bets on him will give huge losses for the bettors.