Horse betting strategies have their own history in the profession of horse betting. They may have developed with time as with every other thing does. Although folks have different opinions on the issue, many experts agree over some basic strategies that might help a beginner earn some quick bucks. Like anything else, there have been 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 all these to enter the profession. Different breeds perform differently for different distance races. There are some breeds that have a great stamina and hence have the ability to compete in long races while there are a few that could have higher speed. The latter would perform the very best on the short distance races.
The post position also matters a lot. As outlined by many experts, the outer two as well as the inner two tracks are 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 that is racing also decides the bet. A horse that has been consistent gets more support and it 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 upon it.
The state of the horse racing track also is a deciding factor. The performance of the horse also depends on the type of track the horse is racing on. In the event the track is a type of a dirt track, the horse has 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 a horse is not bound by physical limitations and a horse with increased speed can do better than others. So, a lightly built horse that could speed up more than others has a higher chance of winning.
Although, many experts have agreed on these few basic strategies, it is often 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. Many of them, especially owners, are ruled by emotions for their horses and thus prefer to bet only on them.
Altogether, horse betting is considered as a game of chance. Regardless of whether an individual keeps all of the strategies in mind and invests the best bets possible, there isn’t any guarantee that the person is going to succeed although he has a fair chance of winning. It could be possible that the horse winning in the past five races meets with a mishap and thus loses. In this instance, the heavy bets on him will give huge losses to the bettors.