Betting at the horse track has emerged as being the most important phenomenon in the adventurous, entertainment-filled sport of horseracing. It is a lot like gambling. The amount of importance directed at 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 as a pilgrimage venue for the betters who risk their funds in order 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 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 on to more profitable modes of the sport, i.e., betting. This is when the excitement and passion becomes an addiction for money and leads some individuals to enormous debts. But, not every person gets in financial trouble. There are some who master the sport as though they were made for this game.
Together with the evolution of technology, easier plus much more convenient styles of betting including online betting and software like BetAngel have also evolved. But, the betting at the horse track has not yet 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 visit the horse track when they can easily make money sitting at the home. For a 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 been authored by experts to teach 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 no one wins this race, the winner is 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 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 a given race while
TWIN TRIFECTA is the identical for 2 consecutive races.
SUPERFECTA would be the bet on the first four horses within the race.
ODD/EVEN will be the bet depending on the number of the winning horse, i.e. amount of WIN. Further Information on this website.
The horse track management is also very simple. It functions around the principle that resembles an insurance company. The entire money collected is divided into pools. The agent or the race track takes out his share of the money and the balance is given back to the winners.