Betting in the horse track has emerged as being the most important phenomenon in the adventurous, entertainment-filled sport of horseracing. It is actually similar to gambling. The amount of importance given to this is certainly obvious because horse track is the place nearest to the race in which the viewer can feel the exact excitement and nervousness from 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 majority of them do win huge profits.
As normally observed a beginner is first lured into the game by the excitement, nervousness and popularity of the game and then gets interested in the activity. As soon as 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. Here is when the excitement and passion becomes an addiction for the money and leads some people to enormous debts. But, not every person gets in financial trouble. There are some who master the sport as though they were made 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 failed to keep its prestigious position in the field although its popularity has staggered a bit. Now, people do not feel the need to spend time and fuel to visit the horse track when they can easily earn money sitting in the home. For any beginner, it is important to understand some basics used at the race track to ensure that he gets a fair idea 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 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 not one person wins this race, the winner will be 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 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 identical for two consecutive races.
SUPERFECTA is 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 is similar to 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 given back to the winners.
