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 given to this is certainly obvious because horse track is the place closest to the race where the viewer can feel the actual excitement and nervousness from the sport. Horse track can be viewed as 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 into the game because of the excitement, nervousness and popularity of the sport 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. This 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 though these people were made for this new horse racing game.
Together with the evolution of technology, easier plus much more convenient forms of betting including 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 bit. Now, people don’t 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 important to understand some basics used at the race track so that he receives a fair idea of the sport. 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 is the bet on 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 not one person wins this race, the winner will be 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 is no requirement for an order in it.
TRIFECTA is really a bet on the first, second and the third horses in the given race while
TWIN TRIFECTA is the identical for 2 consecutive races.
SUPERFECTA would be the bet on the first four horses in the race.
ODD/EVEN will be the bet based on the number of the winning horse, i.e. number of WIN.
The horse track management is additionally very simple. It functions on the principle that resembles 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.