Horse betting strategies have their own history in the profession of horse betting. They have developed over time just like any other thing does. Although different people have different opinions on the issue, many experts agree over some basic strategies that might help a beginner earn a few quick bucks. Like anything else, there are numerous books and articles written on the subject. Many of them can be found in any good book store.
There are numerous 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 get in the profession. Different breeds perform differently for many 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 could have higher speed. The latter would perform the very best on the short distance races.
The post position also matters a lot. According to many experts, the outer two as well as 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 which is racing also decides the bet. A horse that has been consistent gets more support and has more money riding on it. The betting odds also influence the bets. Many people predict that horse with the lowest odds to win and thus invest their cash on it.
The condition 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 type 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. When it is a turf (smooth) track, then a horse is not bound by physical limitations and a horse with more speed can do better than others. So, a lightly built horse that can speed up more than others carries a higher chance of winning.
Although, most experts have decided on these few basic strategies, it has been observed that it’s not applicable to everyone. There are numerous superstitious individuals who have some favorites and thus bet only on them even though 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. Regardless of whether a person keeps all of the strategies in mind and invests the best bets possible, there isn’t any guarantee that this person is going to succeed although he’s got a reasonable chance 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 case, the heavy bets on him will give huge losses for the bettors.