Horse betting strategies have their own history in the profession of horse betting. They have developed with time just like any other thing does. Although different people have different opinions on the issue, many 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 are available in any good book store.
There are numerous factors influencing the profession like state of the track, horse breed, reputation of the horse, odds, distance etc. One must get a fair idea of each one of these to get in the profession. Different breeds perform differently for many different distance races. There are some breeds that have a fantastic stamina and therefore have the ability 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 lot. According to many experts, the outer two and 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 that has been consistent gets more support and has more money riding upon it. The betting odds also influence the bets. Many individuals predict that horse with the lowest odds to win and therefore 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 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 more speed can do much better than others. So, a lightly built horse that could speed up 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 numerous superstitious individuals who have some favorites and thus bet only on them although the horse might possibly not have been winning whatsoever. Most of them, especially owners, are ruled by emotions for their horses and therefore prefer to bet only on them.
Altogether, horse betting is regarded as a game of chance. Even if a person keeps all the strategies in mind and invests the best bets possible, there isn’t any guarantee that the individual is going to succeed although he has a fair chance of winning. It could be possible that the horse winning for the past five races meets with an accident and therefore loses. In this case, the heavy bets on him will deliver huge losses for the bettors.