Horse betting strategies have their own history in the profession of horse betting. They may have developed with time just like any other thing does. Although different people have different opinions over the issue, most experts agree over some fundamental strategies that might help a newcomer earn some quick bucks. Like everything else, there have been numerous books and articles written on the topic. Many of them are available in any good book store.
There are numerous factors influencing the profession like state of the track, horse breed, history of the horse, odds, distance etc. One must get a fair idea of all these to get in the profession. Different breeds perform differently for many different distance races. There are some 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 best for the short distance races.
The post position also matters a lot. As outlined by many experts, the outer two as well as the inner two tracks are definitely the most challenging. Therefore, betting on the horses that are in the center tracks is less risky and may get better results.
The history of the horse which is racing also decides the bet. A horse that has been consistent gets more support and has more money riding on 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 relies on the type of track the horse is racing on. If the track is a kind of a dirt track, the horse needs 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 the 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 speed up more than others carries a higher chance of winning.
Although, many experts have agreed on these few basic strategies, it has been observed that it is not applicable to everyone. There are numerous superstitious people who have some favorites and thus bet only on them even though 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 considered as a game of chance. Even if a person keeps all the strategies in mind and invests the most effective bets possible, there is no guarantee that the person is likely to succeed although he has a reasonable prospect of winning. It could be possible that the horse winning in the past five races meets with an accident and thus loses. In this instance, the heavy bets on him will give huge losses to the bettors.