im fairly new to oblivion and i spent 1000 gold on a bay horse i believe its called, i was wondering if i leave it some were like by a dungeon and i fast travel to the imperial city or wherever what will happen to my horse? will i have to go to that same spot? idk if i wasted gold or not
When you fast travel, your horse travels to the same location. It doesn't matter where you both start- if you leave your horse at the Imperial City and walk to Bravil, then fast travel to a dungeon near Anvil, your horse will appear outside that dungeon with you.
Now, that horse can get killed by anything in the wilderness that can kill you- but that's somewhat separate from the fast travel issue, and a reason to keep an eye on the immediate area.
EDIT: Hehehe... :ninja:-ed as always.