Betting in the horse track has emerged as being the most important phenomenon within the adventurous, entertainment-filled sport of horseracing. It is actually similar to gambling. The amount of importance directed at this is certainly obvious because horse track is the place nearest to the race where the viewer can feel the actual excitement and nervousness of the sport. Horse track can be considered as 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 beginner is first lured to the game because of the excitement, nervousness and popularity of the game and later gets interested in the activity. After the initial excitement dies and the person learns something about the sport, he switches on to more profitable modes of the sport, i.e., betting. This is when the excitement and passion becomes an addiction for money and leads some individuals to enormous debts. But, not every person gets in debt. There are some who master the sport as if these people were made for this game.
Together with the evolution of technology, easier and more convenient forms 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 little. Now, people don’t feel the need to spend time and fuel to visit the horse track when they can easily make money sitting at the home. For any beginner, it is essential to understand some basics used on the race track to ensure that he gets a fair perception of the sport. Many articles and books have 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 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 six consecutive races. If not one person wins this race, the winner will be the one that picks accurate horses for five consecutive races.
EXACTA is the bet on the first and second horses in the correct order while
QUINELLA differs from exacta in the regard that there’s no requirement for an order in it.
TRIFECTA is a bet on the first, second and 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 within 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 easy. It works around the principle that resembles an insurance company. The entire money collected is divided into pools. The agent or the race track takes out his share of the money and the balance is returned for the winners.