Betting in the horse track has emerged as the most significant phenomenon in the adventurous, entertainment-filled sport of horseracing. It is actually 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 of the sport. Horse track can be viewed as being a pilgrimage venue for the betters who risk their funds in order to win huge profits and a majority of them do win huge profits.
As normally observed a beginner is first lured to the game because of the excitement, nervousness and popularity of the sport and later gets interested in the activity. 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 a dependancy for the money and leads some people to enormous debts. But, not every person gets in debt. There are some who master the sport as if these people were made 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 do not consider it wise to spend time and fuel to check out the horse track when they can easily make money sitting at the home. For a beginner, it is essential to understand some basics used on the race track to ensure that he receives a fair idea of the game. Many articles and books have already been authored 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 2 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 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 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 really a bet on the first, second as well as 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 is the bet based on the number of the winning horse, i.e. amount of WIN.
The horse track management is also very easy. It works on the principle that is similar to an insurance company. The total money collected is split into pools. The agent or race track removes his share of the money and the balance is given back to the winners.