Horse betting strategies have their own history in the profession of horse betting. They have developed with time as with every other thing does. Although different people have different opinions over the issue, many experts agree over some basic strategies that may help a beginner earn a few quick bucks. Like everything else, there have been numerous books and articles written on the subject. Many 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 get a fair concept of each one of these to enter the profession. Different breeds perform differently for many different distance races. There are some breeds which have a great stamina and therefore are able to compete in long races while there are some that could have higher speed. The latter would perform the 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 definitely the most difficult. Therefore, betting on the horses which are in the middle tracks is less risky and may get better results.
The history of the horse which 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 thus invest their cash on it.
The state of the horse racing track is also a deciding factor. The performance of the horse also depends on the kind of track the horse is racing on. In the event the track is a kind 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 isn’t bound by physical limitations and a horse with increased speed can perform much better than others. So, a lightly built horse that could accelerate more than others carries a higher potential for winning.
Although, many experts have agreed on these few basic strategies, it has been observed that it’s not applicable to everyone. There are many superstitious people 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 for their 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 of the strategies in mind and invests the most effective bets possible, there isn’t any guarantee that the individual is going to succeed although he’s got a reasonable prospect of winning. It could be entirely possible that the horse winning for 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.