Betting at the horse track has emerged as being the most important phenomenon within the adventurous, entertainment-filled sport of horseracing. It is similar to gambling. The amount of importance directed at this is obvious because horse track is the place closest to the race in which 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 money 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 by the excitement, nervousness and popularity of the sport and later gets serious about the sport. 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 an addiction for the money and leads some people to enormous debts. But, not every person gets in financial trouble. There are several who master the game as if they were created for this 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 yet failed to keep its prestigious position in the field although its popularity has staggered a bit. Now, people do not 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 so that he gets a fair idea of the sport. 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 could be 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 not one person wins this race, the winner is the one that picks accurate horses for five consecutive races.
EXACTA is the bet on the first and second horses while in the correct order while
QUINELLA differs from exacta in the regard that there’s no need 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 same for two consecutive races.
SUPERFECTA would be 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 additionally very simple. It works around the principle that is similar to an insurance company. The entire money collected is divided into pools. The agent or the race track removes his share of the money and the balance is returned to the winners.