Horse betting strategies have their own history in the profession of horse betting. They have developed over time just like any 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 have been numerous books and articles written on the topic. 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 different distance races. There are some breeds that have a fantastic stamina and hence have the ability to compete in long races while there are a few that might 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 and the inner two tracks are definitely the most challenging. Therefore, betting on the horses that are in the center tracks is less risky and may get better results.
A history of the horse which is racing also decides the bet. A horse that has been consistent gets more support and has additional money riding on it. The betting odds also influence the bets. Many people predict that horse with the lowest odds to win and therefore invest their cash on it.
The state of the horse racing track is also a deciding factor. The performance of the horse also relies on the type of track the horse is racing on. In the event the track is a kind of a dirt track, the horse needs 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 accelerate a lot more than others carries a higher potential for winning.
Although, most experts have decided on these few basic strategies, it is often observed that it is not applicable to everyone. There are numerous superstitious people who have some favorites and thus bet only on them although the horse might possibly not have been winning whatsoever. Many 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. Even if a person keeps all of the strategies in mind and invests the most effective bets possible, there is no guarantee that the individual is going to succeed although he’s got a fair chance of winning. It might be entirely possible that the horse winning in the past five races meets with an accident and therefore loses. In this instance, the heavy bets on him will deliver huge losses to the bettors.