Betting at the horse track has emerged as being the most significant phenomenon in the adventurous, entertainment-filled sport of horseracing. It is actually similar to 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 of the sport. Horse track can be considered being a pilgrimage venue for the betters who risk their funds 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 by the excitement, nervousness and popularity of the sport and then gets interested in the activity. As soon as 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 the money and leads some individuals to enormous debts. But, not every person gets in debt. There are some who master the sport as if 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 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 so that he receives a fair perception of the game. Many articles and books have 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 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 no one wins this race, the winner is 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 is different from exacta in the regard that there is no requirement for an order in it.
TRIFECTA is really a bet on the first, second as well as the third horses in the given race while
TWIN TRIFECTA is the identical for two consecutive races.
SUPERFECTA would be the bet on the first four horses in the race.
ODD/EVEN is the bet based on the number of the winning horse, i.e. number of WIN.
The horse track management is also very simple. It functions around the principle that resembles an insurance company. The entire money collected is split into pools. The agent or the race track takes out his share of the money and the balance is returned to the winners.