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 beginner earn a few quick bucks. Like everything else, there are numerous books and articles written on the subject. Most of them can be found in any good book store.
There are many factors influencing the profession like state of the track, horse breed, reputation of the horse, odds, distance etc. One must have a fair concept of each one of 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 a few that might have higher speed. The latter would perform the very best on the short distance races.
The post position also matters a great deal. According to many experts, the outer two as well as the inner two tracks are definitely the most difficult. Therefore, betting on the horses which are in the middle tracks is less risky and could get better results.
The history of the horse which is racing also decides the bet. A horse that has been consistent gets more support and has more money riding on 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 kind of track the horse is racing on. If the track is a type of a dirt track, the horse needs to slide more than ever before. So, an even more powerfully built horse will perform better on such tracks. If it is a turf (smooth) track, then a horse isn’t bound by physical limitations and a horse with more speed can do better than others. So, a lightly built horse that could accelerate more than others carries a higher potential for winning.
Although, many experts have agreed on these few basic strategies, it has been observed that it’s not applicable to everyone. There are numerous superstitious people who have some favorites and thus 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 thus choose to bet only on them.
Altogether, horse betting is considered as a game of chance. Even if an individual keeps all of the strategies in mind and invests the best bets possible, there isn’t any guarantee that the individual is likely to succeed although he’s got a reasonable prospect of winning. It might be 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 for the bettors.