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 over the issue, most experts agree over some fundamental strategies that may help a newcomer earn some quick bucks. Like everything else, there have been numerous books and articles written on the topic. Most of them are available 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 get in the profession. Different breeds perform differently for many different distance races. There are a few breeds which have a great stamina and therefore are able to compete in long races while there are a few that might 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 and the inner two tracks are the most difficult. 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 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 on it.
The condition of the horse racing track is also 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 has to slide more than usual. So, an even more powerfully built horse will perform better on such tracks. When it is a turf (smooth) track, then a horse isn’t bound by physical limitations and a horse with increased speed can perform better than others. So, a lightly built horse that could accelerate a lot more than others carries 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 although the horse may 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 regarded as a game of chance. Even if a person keeps all the strategies in mind and invests the best bets possible, there is no guarantee that the individual is likely to succeed although he’s got a reasonable prospect of winning. It could be entirely possible that the horse winning in the past five races meets with an accident and therefore loses. In this case, the heavy bets on him will give huge losses to the bettors.