Betting at the horse track has emerged as the most important phenomenon in 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 where the viewer can feel the actual excitement and nervousness from the sport. Horse track can be viewed as as a pilgrimage venue for the betters who risk their funds in order to win huge profits and a greater part 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 game and then gets interested in 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 debt. There are some who master the sport as though they were made for this game.
With the evolution of technology, easier plus much 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 do not feel the need to waste time and fuel to check out the horse track when they can easily make money sitting at the home. For any beginner, it is important to understand some basics used on the race track so that he receives a fair perception of the game. 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 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 is the one that 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 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 is the bet on the first four horses within the race.
ODD/EVEN will be the bet depending on the number of the winning horse, i.e. number of WIN.
The horse track management is additionally very simple. It functions around the principle that resembles an insurance company. The entire money collected is split into pools. The agent or race track takes out his share of the money and the balance is given back to the winners.