Betting at the horse track has emerged as the most important phenomenon in the adventurous, entertainment-filled sport of horseracing. It is a lot like gambling. The amount of importance given to this is certainly obvious because horse track is the place closest to the race where the viewer can feel the exact excitement and nervousness from the sport. Horse track can be considered being a pilgrimage venue for the betters who risk their money as a way to win huge profits and a majority of them do win huge profits.
As normally observed a newcomer is first lured to the game by the excitement, nervousness and popularity of the game and later gets serious about the activity. After the initial excitement dies and the person learns something in regards to the sport, he switches onto more profitable modes of the sport, i.e., betting. Here is when the excitement and passion becomes a dependancy for money and leads some individuals to enormous debts. But, not every person gets in financial trouble. There are several who master the game as if they were created for this game.
With the evolution of technology, easier plus much more convenient forms of betting such as online betting and software like BetAngel have also 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 little. Now, people don’t consider it wise to waste time and fuel to check out the horse track when they can easily earn money sitting in the home. For any beginner, it is important to understand some basics used at the race track so that he gets a fair idea of the game. Many articles and books have 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 could be the bet on 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 no one wins this race, the winner is the one who picks accurate horses for five consecutive races.
EXACTA is the bet on the first and second horses while in the correct order while
QUINELLA differs 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 the given race while
TWIN TRIFECTA is the same for 2 consecutive races.
SUPERFECTA would be the bet on the first four horses within the race.
ODD/EVEN is the bet based on the number of the winning horse, i.e. amount of WIN.
The horse track management is additionally very simple. It functions around the principle that is similar to an insurance company. The entire money collected is divided into pools. The agent or the race track removes his share of the money and the balance is given back for the winners.