Horse betting strategies have their own history in the profession of horse betting. They may have developed over time just like any other thing does. Although folks have different opinions over the issue, most 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 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 idea of each one of these to enter the profession. Different breeds perform differently for many different distance races. There are some breeds that have a great stamina and hence are able to compete in long races while there are some that might have higher speed. The latter would perform the very best on the short distance races.
The post position also matters a lot. According to many experts, the outer two as well as the inner two tracks are the most challenging. Therefore, betting on the horses which are in the center tracks is less risky and could 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 people predict that horse with the lowest odds to win and thus invest their money upon it.
The condition of the horse racing track also is a deciding factor. The performance of the horse also relies 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 usual. So, a 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 speed up more than others has a higher potential for winning.
Although, many experts have decided on these few basic strategies, it has been observed that it’s not applicable to everyone. There are many superstitious individuals who have some favorites and thus bet only on them although the horse may 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. Even if a person keeps all the strategies in mind and invests the most effective bets possible, there isn’t any guarantee that the person is likely to succeed although he’s got a fair prospect of winning. It might 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.