Betting at the horse track has emerged as the most significant phenomenon in the adventurous, entertainment-filled sport of horseracing. It is a lot like gambling. The amount of importance directed at this is certainly obvious because horse track is the place nearest to the race in which the viewer can feel the actual 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 newcomer is first lured to the game by the excitement, nervousness and popularity of the sport and then gets serious about 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. Here is when the excitement and passion becomes a dependancy for the money and leads some individuals to enormous debts. But, not every person gets in debt. There are several who master the game as though they were made for this game.
With the evolution of technology, easier plus much more convenient styles 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 feel the need to waste time and fuel to check out the horse track when they can easily earn money sitting at the home. For a beginner, it is important to understand some basics used on the race track so that he receives a fair perception of the sport. Many articles and books have already 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 could be the bet on 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 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 is no need for an order in it.
TRIFECTA is a bet on the first, second as well as the third horses in a given race while
TWIN TRIFECTA is the same 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. amount 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 divided into pools. The agent or race track takes out his share of the money and the balance is returned for the winners.