Wagering at the horsetrack
Betting at the horse track has emerged as the most important phenomenon within the adventurous, entertainment-filled sport of horseracing. It is actually a lot like gambling. The amount of importance directed at this is obvious because horse track is the place nearest to the race in which the viewer can feel the actual excitement and nervousness of 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 into the game by 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 onto more profitable modes of the sport, i.e., betting. Here is when the excitement and passion becomes an addiction for money and leads some individuals to enormous debts. But, not every person gets in debt. There are some who master the game as though these people were made for this newhorseracing.com game.
Together with the evolution of technology, easier plus much more convenient styles of betting such as online betting and software like BetAngel have in addition 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 bit. Now, people do not feel the need to spend time and fuel to visit the horse track when they can easily earn money sitting at the home. For a beginner, it is important to understand some basics used on the race track to ensure that he gets a fair idea of the sport. 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 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 6 consecutive races. If not one person wins this race, the winner will be the one who picks accurate horses for five consecutive races.
EXACTA would be the bet on the first and second horses while in the correct order while
QUINELLA differs from exacta in the regard that there is no requirement for an order in it.
TRIFECTA is a bet on the first, second as well as the third horses in the given race while
TWIN TRIFECTA is the same for two consecutive races.
SUPERFECTA would be the bet on the first four horses in the race.
ODD/EVEN will be the bet depending on the number of the winning horse, i.e. amount of WIN.
The horse track management is also very simple. It works on the principle that resembles an insurance company. The total money collected is divided into pools. The agent or race track takes out his share of the money and the balance is given back to the winners.
