Horse betting strategies have their own history in the profession of horse betting. They may have developed over time as with every other thing does. Although different people have different opinions on the issue, most experts agree over some fundamental strategies that may help a newcomer 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, 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 are able to compete in long races while there are some that could have higher speed. The second would perform the very best for the short distance races.
The post position also matters a great deal. As outlined by many experts, the outer two and 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.
A 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 on it. The betting odds also influence the bets. Many people predict that horse with the lowest odds to win and thus invest their money on it.
The state of the horse racing track also is a deciding factor. The performance of the horse also relies on the kind of track the horse is racing on. If the track is a kind of a dirt track, the horse has to slide more than usual. So, an even 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 increased speed can do much better than others. So, a lightly built horse that could speed up more than others has a higher chance of winning.
Although, most experts have decided on these few basic strategies, it has been observed that it is not applicable to everyone. There are numerous superstitious people who have some favorites and so bet only on them even though the horse may not have been winning at all. Many of them, especially owners, are ruled by emotions with regards to horses and therefore prefer to bet only on them.
Altogether, horse betting is regarded as a game of chance. Even if a person 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’s got a reasonable chance of winning. It could 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 to the bettors.