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 may help a beginner earn a few quick bucks. Like anything 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 have a fair idea of each one of these to get in the profession. Different breeds perform differently for many different distance races. There are a few breeds that have a great 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 very best for the short distance races.
The post position also matters a great deal. As outlined by 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 middle 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 upon it. The betting odds also influence the bets. Many individuals predict that horse with the lowest odds to win and therefore invest their cash upon 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 type of a dirt track, the horse has to slide more than ever before. So, an even 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 more speed can do better than others. So, a lightly built horse that could accelerate a lot more than others carries a higher chance of winning.
Although, most experts have agreed on these few basic strategies, it has been 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. Most of them, especially owners, are ruled by emotions with regards to horses and thus choose 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 has a fair prospect of winning. It could be possible that the horse winning for the past five races meets with a mishap and thus loses. In this instance, the heavy bets on him will give huge losses for the bettors.