Betting at the horse track has emerged as being the most important phenomenon within the adventurous, entertainment-filled sport of horseracing. It is a lot like gambling. The amount of importance given to this is obvious because horse track is the place nearest to the race in which the viewer can feel the exact excitement and nervousness from the sport. Horse track can be considered as a pilgrimage venue for the betters who risk their money as a way to win huge profits and a greater part of them do win huge profits.
As normally observed a newcomer is first lured to the game because of the excitement, nervousness and popularity of the sport and then gets serious about the sport. After the initial excitement dies and the person learns something about the sport, he switches on to more profitable modes of the sport, i.e., betting. Here is when the excitement and passion becomes a dependancy for the money and leads some people to enormous debts. But, not every person gets in financial trouble. There are several who master the game as though they were created for this game.
With the evolution of technology, easier and more convenient styles of betting including online betting and software like BetAngel have in addition evolved. But, the betting at the horse track has not failed to keep its prestigious position in the field although its popularity has staggered a bit. Now, people don’t feel the need to spend time and fuel to visit the horse track when they can easily make money sitting at the home. For any beginner, it is important to understand some basics used at the race track to ensure that he receives a fair idea of the game. Many articles and books have already been written by experts to instruct beginners.
WIN, PLACE and SHOW are the horses that respectively come first, second and third in the race.
DAILY DOUBLE is the bet about the first horse in two consecutive races while
DAILY TRIPLE is the bet on the first position for three consecutive races.
PICK SIX is the same bet for six consecutive races. If not one person wins this race, the winner will be the one that picks accurate horses for five consecutive races.
EXACTA would be the bet on the first and second horses in the correct order while
QUINELLA is different from exacta in the regard that there’s no requirement for an order in it.
TRIFECTA is a bet on the first, second and the third horses in a given race while
TWIN TRIFECTA is the identical for 2 consecutive races.
SUPERFECTA is the bet on the first four horses within the race.
ODD/EVEN will be the bet based on the number of the winning horse, i.e. amount of WIN.
The horse track management is also very easy. It functions on the principle that resembles an insurance company. The total money collected is split into pools. The agent or the race track removes his share of the money and the balance is returned to the winners.