Horse betting strategies have their own history in the profession of horse betting. They have developed over time as with every other thing does. Although different people have different opinions over the issue, most experts agree over some fundamental strategies that may help a newcomer earn a few quick bucks. Like everything else, there have been numerous books and articles written on the subject. Most 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 concept of all these to enter the profession. Different breeds perform differently for 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 latter 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.
The history of the horse that is racing also decides the bet. A horse which has been consistent gets more support and it 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 type of track the horse is racing on. If the track is a kind 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 the horse isn’t bound by physical limitations and a horse with increased speed can perform much better than others. So, a lightly built horse that can accelerate more than others has a higher chance of winning.
Although, most experts have agreed on these few basic strategies, it has been observed that it is not applicable to everyone. There are many superstitious people who have some favorites and thus bet only on them although the horse may not have been winning at all. Most of them, especially owners, are ruled by emotions for their horses and therefore choose to bet only on them.
Altogether, horse betting is regarded 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 isn’t any guarantee that this person is going to succeed although he’s got a fair chance of winning. It might be possible that the horse winning in the past five races meets with an accident and therefore loses. In this case, the heavy bets on him will give huge losses for the bettors.