Horse betting strategies have their own history in the profession of horse betting. They may have developed with time just like any other thing does. Although different people have different opinions over the issue, most experts agree over some basic strategies that might help a newcomer earn some quick bucks. Like anything else, there are numerous books and articles written on the topic. Many of them are available 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 get a fair idea of all these to enter the profession. Different breeds perform differently for different distance races. There are a few breeds that have a great stamina and therefore have the ability to compete in long races while there are a few 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 as well as the inner two tracks are the most difficult. Therefore, betting on the horses that are in the middle 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 it has additional money riding upon it. The betting odds also influence the bets. Many people predict that horse with the lowest odds to win and thus invest their cash upon 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 usual. So, a more powerfully built horse will perform better on such tracks. If it is a turf (smooth) track, then the 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 a lot more than others has a higher potential for winning.
Although, many experts have decided on these few basic strategies, it has been observed that it’s not applicable to everyone. There are many superstitious individuals who have some favorites and so bet only on them even though the horse might possibly not have been winning at all. Most of them, especially owners, are ruled by emotions with regards to horses and therefore prefer to bet only on them.
Altogether, horse betting is considered as a game of chance. Regardless of whether an individual keeps all of the strategies in mind and invests the most effective bets possible, there is no guarantee that this person is going to succeed although he has 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 deliver huge losses to the bettors.