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 folks have different opinions over the issue, many experts agree over some basic strategies that may help a beginner earn a few quick bucks. Like everything else, there have been numerous books and articles written on the subject. 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 all these to enter the profession. Different breeds perform differently for many different distance races. There are a few breeds which have a great stamina and hence are able to compete in long races while there are some that could have higher speed. The latter would perform the best on 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 definitely the most challenging. Therefore, betting on the horses that are in the middle tracks is less risky and may get better results.
The history of the horse that is racing also decides the bet. A horse that has been consistent gets more support and has additional 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 on 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, an even 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 more speed can do much better than others. So, a lightly built horse that could accelerate 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 so bet only on them although the horse might possibly not have been winning at all. Many of them, especially owners, are ruled by emotions for their horses and thus choose 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 individual is likely 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 an accident and thus loses. In this case, the heavy bets on him will give huge losses for the bettors.