Betting at 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 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 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 into the game by the excitement, nervousness and popularity of the game and later gets serious about the activity. After 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 people to enormous debts. But, not every person gets in financial trouble. There are some who master the sport as if they were made for this game.
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 don’t consider it wise to waste time and fuel to visit the horse track when they can easily earn money sitting in the home. For a beginner, it is important to understand some basics used on the race track to ensure that he receives a fair perception of the game. Many articles and books have already 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 about 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 will be the one who picks accurate horses for five consecutive races.
EXACTA is the bet on the first and second horses in the correct order while
QUINELLA is different from exacta in the regard that there is no need for an order in it.
TRIFECTA is a bet on the first, second as well as 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 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 easy. It works on the principle that resembles an insurance company. The total 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.