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, most experts agree over some fundamental strategies that may help a newcomer earn a few quick bucks. Like everything else, there have been numerous books and articles written on the topic. Many of them can be found 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 have 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 which have a great stamina and hence are able to compete in long races while there are a few that could have higher speed. The second would perform the best for 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 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 that is racing also decides the bet. A horse which has been consistent gets more support and has more 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 money on it.
The state of the horse racing track is also 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 kind of a dirt track, the horse needs to slide more than usual. So, a more powerfully built horse will perform better on such tracks. If it is a turf (smooth) track, then the horse isn’t bound by physical limitations and a horse with more speed can perform better than others. So, a lightly built horse that can accelerate a lot more than others has a higher potential for winning.
Although, many experts have agreed 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 may 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 a person keeps all the strategies in mind and invests the most effective bets possible, there is no guarantee that the individual is going to succeed although he has a fair prospect of winning. It might be possible that the horse winning for 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.