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 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 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 idea of each one of these to enter the profession. Different breeds perform differently for many different distance races. There are a few breeds that have a fantastic stamina and therefore have the ability to compete in long races while there are some that could have higher speed. The latter would perform the best on the short distance races.
The post position also matters a lot. According to many experts, the outer two and the inner two tracks are the most challenging. Therefore, betting on the horses that are in the center tracks is less risky and could get better results.
The history of the horse that is racing also decides the bet. A horse which has been consistent gets more support and 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 upon it.
The state 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. If the track is a kind of a dirt track, the horse needs 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 more than others has 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 many superstitious individuals 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 with regards to horses and therefore choose to bet only on them.
Altogether, horse betting is regarded as a game of chance. Even if an individual keeps all of the strategies in mind and invests the best bets possible, there isn’t any guarantee that the person is going to succeed although he has a reasonable prospect of winning. It could be entirely possible that the horse winning in the past five races meets with a mishap and thus loses. In this instance, the heavy bets on him will give huge losses for the bettors.