Betting at the horsetrack
Betting at the horse track has emerged as the most important phenomenon in the adventurous, entertainment-filled sport of horseracing. It is a lot like gambling. The amount of importance directed at this is obvious because horse track is the place nearest to the race in which the viewer can feel the actual excitement and nervousness of the sport. Horse track can be considered being a pilgrimage venue for the betters who risk their funds as a way to win huge profits and a majority of them do win huge profits.
As normally observed a newcomer is first lured to the game because of the excitement, nervousness and popularity of the sport 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. This is when the excitement and passion becomes a dependancy for money and leads some people to enormous debts. But, not every person gets in financial trouble. There are several who master the sport as though these people were created for this game.
With the evolution of technology, easier and more convenient styles of betting such as online betting and software like BetAngel have also 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 feel the need to waste time and fuel to visit the horse track when they can easily earn money sitting in the home. For any beginner, it is essential to understand some basics used on the race track to ensure that he receives a fair idea of the game. Many articles and books have been written 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 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 will be the one that 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 really a bet on the first, second as well as the third horses in a given race while
TWIN TRIFECTA is the same for two consecutive races.
SUPERFECTA would be 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 works around 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.