Betting in the horse track has emerged as being the most significant phenomenon in 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 exact excitement and nervousness from the sport. Horse track can be considered being a pilgrimage venue for the betters who risk their money in order to win huge profits and a greater part of them do win huge profits.
As normally observed a beginner is first lured into the game because of the excitement, nervousness and popularity of the game and later gets interested in the sport. 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 a dependancy for money and leads some people 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 new horse racing game.
Together with the evolution of technology, easier and more convenient styles of betting such as 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 bit. Now, people don’t 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 idea of the sport. Many articles and books have been authored 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 two 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 not one person wins this race, the winner will be the one who picks accurate horses for five consecutive races.
EXACTA would be the bet on the first and second horses while 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 identical for 2 consecutive races.
SUPERFECTA would be the bet on the first four horses in 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 easy. It works on the principle that is similar to 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.