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 folks have different opinions on the issue, many 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 many factors influencing the profession like state of the track, horse breed, history of the horse, odds, distance etc. One must have a fair idea of each one of these to get in the profession. Different breeds perform differently for different distance races. There are some breeds that have a fantastic 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 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 may 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 it has more money riding upon it. The betting odds also influence the bets. Many people predict that horse with the lowest odds to win and therefore invest their money on it.
The condition of the horse racing track also is 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 type 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. 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 more than others carries a higher chance of winning.
Although, most experts have decided on these few basic strategies, it is often observed that it is not applicable to everyone. There are many superstitious people who have some favorites and thus bet only on them even though the horse might possibly not have been winning whatsoever. 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 a person keeps all of the strategies in mind and invests the best bets possible, there isn’t any guarantee that this person is going to succeed although he’s got a reasonable prospect of winning. It could be entirely possible that the horse winning in the past five races meets with a mishap and therefore loses. In this instance, the heavy bets on him will give huge losses to the bettors.