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 folks have different opinions over the issue, many experts agree over some basic strategies that may help a newcomer earn a few quick bucks. Like everything else, there are numerous books and articles written on the subject. 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 get in the profession. Different breeds perform differently for many different distance races. There are some 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 for the short distance races.
The post position also matters a great deal. According to many experts, the outer two as well as the inner two tracks are definitely the most challenging. Therefore, betting on the horses which are in the center tracks is less risky and could get better results.
The history of the horse which is racing also decides the bet. A horse which 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 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 a 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 agreed on these few basic strategies, it has been observed that it’s not applicable to everyone. There are numerous superstitious people who have some favorites and thus bet only on them although the horse may not have been winning whatsoever. Most of them, especially owners, are ruled by emotions with regards to horses and thus prefer to bet only on them.
Altogether, horse betting is considered as a game of chance. Even if a person keeps all of the strategies in mind and invests the best bets possible, there is no guarantee that this individual is going to succeed although he’s got a reasonable prospect of winning. It could be possible that the horse winning in the past five races meets with a mishap and therefore loses. In this case, the heavy bets on him will give huge losses to the bettors.