Horse betting strategies have their own history in the profession of horse betting. They have developed with time just like any other thing does. Although different people have different opinions on the issue, many experts agree over some fundamental strategies that may help a beginner earn a few quick bucks. Like everything else, there have been numerous books and articles written on the topic. Many 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 get a fair concept of each one of these to enter the profession. Different breeds perform differently for different distance races. There are some breeds which have a great stamina and therefore are able to compete in long races while there are some that might have higher speed. The second would perform the very best on the short distance races.
The post position also matters a great deal. As outlined by many experts, the outer two and the inner two tracks are definitely the most difficult. Therefore, betting on the horses which are in the middle tracks is less risky and could get better results.
A history of the horse which is racing also decides the bet. A horse that has been consistent gets more support and it has more money riding upon it. The betting odds also influence the bets. Many people predict that horse with the lowest odds to win and therefore invest their money on it.
The condition of the horse racing track is also a deciding factor. The performance of the horse also relies on the type of track the horse is racing on. In the event 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. When it is a turf (smooth) track, then a horse is not bound by physical limitations and a horse with more speed can perform better than others. So, a lightly built horse that could speed up a lot more than others carries a higher potential for winning.
Although, many experts have agreed on these few basic strategies, it is often observed that it is not applicable to everyone. There are many superstitious people who have some favorites and thus bet only on them even though the horse might possibly not have been winning whatsoever. Most of them, especially owners, are ruled by emotions for their horses and therefore choose to bet only on them.
Altogether, horse betting is regarded as a game of chance. Even if a person keeps all the strategies in mind and invests the most effective bets possible, there isn’t any guarantee that this person is likely to succeed although he has a fair prospect of winning. It could be possible that the horse winning for the past five races meets with an accident and therefore loses. In this instance, the heavy bets on him will give huge losses for the bettors.