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 basic strategies that may help a beginner earn a few quick bucks. Like everything else, there are 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 all 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 a few that might have higher speed. The latter 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 could 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 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 kind 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 usual. So, a 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 perform better than others. So, a lightly built horse that can speed up a lot more than others has a higher potential for winning.
Although, most experts have decided 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 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 prefer to bet only on them.
Altogether, horse betting is considered as a game of chance. Regardless of whether a person keeps all the strategies in mind and invests the most effective bets possible, there is no guarantee that the individual is going to succeed although he has a fair chance of winning. It could be possible that the horse winning for the past five races meets with an accident and therefore loses. In this instance, the heavy bets on him will give huge losses to the bettors.