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 basic strategies that might help a newcomer earn a few quick bucks. Like anything else, there are numerous books and articles written on the topic. Many of them are available in any good book store.
There are many factors influencing the profession like state of the track, horse breed, history of the horse, odds, distance etc. One must get a fair concept of all these to enter the profession. Different breeds perform differently for many different distance races. There are a few breeds which have a great stamina and therefore have the ability to compete in long races while there are a few that could have higher speed. The second would perform the very 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 the most difficult. Therefore, betting on the horses that are in the middle tracks is less risky and may get better results.
The history of the horse that is racing also decides the bet. A horse which has been consistent gets more support and it 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 condition 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. If 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 isn’t bound by physical limitations and a horse with increased speed can perform better than others. So, a lightly built horse that can accelerate a lot more than others carries a higher potential for winning.
Although, many experts have agreed on these few basic strategies, it is often observed that it’s not applicable to everyone. There are many superstitious individuals who have some favorites and so bet only on them although the horse may not have been winning at all. Most of them, especially owners, are ruled by emotions for their horses and therefore choose to bet only on them.
Altogether, horse betting is considered 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 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 deliver huge losses to the bettors.