Horse betting strategies have their own history in the profession of horse betting. They may have developed with time as with every other thing does. Although different people have different opinions over the issue, most experts agree over some basic strategies that might 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 get a fair idea of each one of these to enter the profession. Different breeds perform differently for different distance races. There are a few breeds that have a great stamina and hence are able to compete in long races while there are a few that might have higher speed. The latter would perform the best on 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 the most challenging. Therefore, betting on the horses that are in the middle tracks is less risky and could get better results. horse racing odds for dummies.
A history of the horse which is racing also decides the bet. A horse which has been consistent gets more support and it has additional money riding on it. The betting odds also influence the bets. Many people 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 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. If it is a turf (smooth) track, then the horse is not bound by physical limitations and a horse with increased speed can do better than others. So, a lightly built horse that could speed up more than others has a higher chance of winning.
Although, most experts have decided on these few basic strategies, it is often observed that it’s not applicable to everyone. There are many 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 therefore prefer to bet only on them.
Altogether, horse betting is considered as a game of chance. Regardless of whether an individual keeps all the strategies in mind and invests the most effective bets possible, there isn’t any guarantee that this individual is going to succeed although he has a fair chance of winning. It might 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 for the bettors.