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 newcomer earn a few quick bucks. Like anything else, there have been numerous books and articles written on the topic. Many of them can be found 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 have a fair idea of each one of these to enter the profession. Different breeds perform differently for many different distance races. There are a few breeds that have a fantastic stamina and therefore have the ability to compete in long races while there are a few that might have higher speed. The second would perform the best on the short distance races.
The post position also matters a lot. According to many experts, the outer two and 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.
A history of the horse which is racing also decides the bet. A horse which has been consistent gets more support and has additional money riding upon it. The betting odds also influence the bets. Many people predict that horse with the lowest odds to win and therefore invest their cash on it.
The state of the horse racing track also is a deciding factor. The performance of the horse also relies on the kind of track the horse is racing on. If the track is a type of a dirt track, the horse needs to slide more than ever before. So, a more powerfully built horse will perform better on such tracks. If it is a turf (smooth) track, then the horse isn't bound by physical limitations and a horse with more speed can perform much better than others. So, a lightly built horse that can speed up a lot more than others carries a higher potential for winning.
Although, most 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 so bet only on them although the horse may not have been winning whatsoever. Many of them, especially owners, are ruled by emotions for their horses and therefore prefer to bet only on them.
Altogether, horse betting is considered as a game of chance. Even if an individual keeps all 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 might 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.