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 may help a beginner earn a few quick bucks. Like everything 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, history of the horse, odds, distance etc. One must have a fair concept of each one of these to get in the profession. Different breeds perform differently for many different distance races. There are some breeds that have a great stamina and therefore have the ability to compete in long races while there are a few that might have higher speed. The second would perform the best for 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 difficult. Therefore, betting on the horses that are in the center tracks is less risky and may get better results.
The history of the horse that is racing also decides the bet. A horse that has been consistent gets more support and it has additional 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 state 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, a more powerfully built horse will perform better on such tracks. When it is a turf (smooth) track, then the horse isn’t bound by physical limitations and a horse with more speed can do much better than others. So, a lightly built horse that can speed up 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 is not applicable to everyone. There are numerous superstitious people who have some favorites and so bet only on them although the horse may not have been winning whatsoever. Many 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 a person keeps all the strategies in mind and invests the best bets possible, there is no guarantee that this individual is likely to succeed although he has a reasonable chance of winning. It might be possible that the horse winning for the past five races meets with a mishap and therefore loses. In this case, the heavy bets on him will give huge losses for the bettors.