Betting in the horse track has emerged as the most significant phenomenon within the adventurous, entertainment-filled sport of horseracing. It is a lot like gambling. The amount of importance given to 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 viewed as being 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 game and later gets interested in the sport. As soon as the initial excitement dies and the person learns something in regards to the sport, he switches on to more profitable modes of the sport, i.e., betting. This is when the excitement and passion becomes a dependancy for money and leads some people to enormous debts. But, not every person gets in debt. There are some who master the game as though they were created for this game.
Together with the evolution of technology, easier and more convenient styles 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 don’t consider it wise to waste time and fuel to check out the horse track when they can easily earn money sitting in the home. For a beginner, it is essential to understand some basics used at the race track so that he gets a fair perception of the game. Many articles and books have already been authored by experts to teach 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 two consecutive races while
DAILY TRIPLE is the bet on the first position for three consecutive races.
PICK SIX is the same bet for six consecutive races. If not one person 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 in the correct order while
QUINELLA differs from exacta in the regard that there is 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 2 consecutive races.
SUPERFECTA would be the bet on the first four horses within the race.
ODD/EVEN will be the bet based on the number of the winning horse, i.e. amount of WIN.
The horse track management is additionally very easy. It functions on the principle that resembles an insurance company. The total money collected is split into pools. The agent or the race track takes out his share of the money and the balance is given back to the winners.