Betting in the horse track has emerged as being the most important phenomenon within the adventurous, entertainment-filled sport of horseracing. It is a lot like gambling. The amount of importance directed at this is certainly obvious because horse track is the place closest to the race in which the viewer can feel the exact excitement and nervousness of the sport. Horse track can be considered 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 newcomer is first lured into 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 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 individuals to enormous debts. But, not every person gets in financial trouble. There are some who master the game as if these people were made for this game.
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 yet failed to keep its prestigious position in the field although its popularity has staggered a little. Now, people do not consider it wise to waste time and fuel to visit the horse track when they can easily make money sitting in the home. For any beginner, it is important to understand some basics used on the race track to ensure 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 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 not one person 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 while in the correct order while
QUINELLA differs from exacta in the regard that there’s no need for an order in it.
TRIFECTA is a bet on the first, second and the third horses in the given race while
TWIN TRIFECTA is the same for 2 consecutive races.
SUPERFECTA is 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. number of WIN.
The horse track management is also very simple. It functions on 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 returned for the winners.