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 obvious because horse track is the place closest to the race where 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 money 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 because of the excitement, nervousness and popularity of the game and later gets serious about the sport. As soon as 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 money and leads some individuals to enormous debts. But, not every person gets in financial trouble. There are some who master the game as if these people were created 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 yet 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 earn money sitting at 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 been written 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 6 consecutive races. If no one 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 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 as well as the third horses in the given race while
TWIN TRIFECTA is the identical for 2 consecutive races.
SUPERFECTA is 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 also very simple. It works on the principle that resembles an insurance company. The entire money collected is split into pools. The agent or race track removes his share of the money and the balance is returned for the winners.