Horse betting strategies have their own history in the profession of horse betting. They may have developed over time as with every other thing does. Although different people have different opinions on the issue, most experts agree over some basic strategies that might help a beginner earn a few quick bucks. Like everything else, there are numerous books and articles written on the subject. Most of them can be found 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 have a fair concept of each one of these to enter the profession. Different breeds perform differently for different distance races. There are a few breeds that have a fantastic stamina and therefore are able to compete in long races while there are some that might have higher speed. The latter would perform the very best on the short distance races.
The post position also matters a lot. As outlined by many experts, the outer two and the inner two tracks are the most challenging. Therefore, betting on the horses which are in the middle 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 upon it. The betting odds also influence the bets. Many individuals predict that horse with the lowest odds to win and thus invest their money upon it.
The state of the horse racing track also is a deciding factor. The performance of the horse also depends on the kind of track the horse is racing on. In the event the track is a kind of a dirt track, the horse needs to slide more than ever before. So, a more powerfully built horse will perform better on such tracks. If it is a turf (smooth) track, then the horse is not bound by physical limitations and a horse with more speed can perform much better than others. So, a lightly built horse that could speed up a lot more than others carries a higher chance of winning.
Although, most 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 thus bet only on them even though the horse might possibly not have been winning whatsoever. Many of them, especially owners, are ruled by emotions with regards to horses and therefore choose to bet only on them.
Altogether, horse betting is considered as a game of chance. Even if a person keeps all the strategies in mind and invests the most effective bets possible, there is no guarantee that this person is likely to succeed although he has a reasonable prospect of winning. It could be entirely possible that the horse winning for the past five races meets with an accident and thus loses. In this case, the heavy bets on him will deliver huge losses for the bettors.