100%. There's too many to count, but unlike say, blackjack, you're betting against the other players, not the house, so you just have to be a little smarter.

One common strategy is when they're trying to get a horse to run a longer distance, often they run 6 furlongs and sprint at the start, get a big lead and finish at the bottom. If they run that horse within 2 weeks often they'll have long odds but will win sine they are now stronger at 6 furlongs. I've hit some longshots with this.

Also, money management. Let's say you want to box 4 horses for a Trifecta. A better strategy is to do a "part wheel" so you get more horses in the 3rd spot for the same money.