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 on the issue, many experts agree over some fundamental strategies that may help a beginner earn a few quick bucks. Like everything else, there are numerous books and articles written on the subject. Many of them are available 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 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 for 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 definitely the most challenging. Therefore, betting on the horses that are in the middle tracks is less risky and could 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 it has more money riding upon it. The betting odds also influence the bets. Many individuals predict that horse with the lowest odds to win and thus invest their money upon it.
The condition of the horse racing track is also a deciding factor. The performance of the horse also depends on the kind of track the horse is racing on. In the event the track is a type of a dirt track, the horse needs to slide more than usual. So, a more powerfully built horse will perform better on such tracks. If it is a turf (smooth) track, then a 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 accelerate a lot more than others has a higher potential for winning.
Although, most experts have agreed on these few basic strategies, it has been observed that it is 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 therefore choose to bet only on them.
Altogether, horse betting is considered as a game of chance. Even if an individual keeps all the strategies in mind and invests the most effective bets possible, there is no guarantee that the individual is likely to succeed although he has a reasonable prospect of winning. It might be entirely possible that the horse winning for the past five races meets with an accident and thus loses. In this instance, the heavy bets on him will give huge losses for the bettors.