Betting at the horsetrack
Betting in the horse track has emerged as being the most important phenomenon within the adventurous, entertainment-filled sport of horseracing. It is actually similar to gambling. The amount of importance given to this is obvious because horse track is the place closest to the race in which the viewer can feel the actual excitement and nervousness from the sport. Horse track can be viewed as as 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 beginner is first lured into the game by 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 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 a dependancy for the money and leads some people to enormous debts. But, not every person gets in debt. There are some who master the sport as though these people were made for this game.
Together with the evolution of technology, easier and more convenient forms of betting including 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 do not 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 a beginner, it is important to understand some basics used at the race track so that he receives a fair idea of the sport. 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 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 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 a given race while
TWIN TRIFECTA is the same for 2 consecutive races.
SUPERFECTA would be 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. number of WIN.
The horse track management is also very simple. It functions around the principle that resembles an insurance company. The entire money collected is split into pools. The agent or the race track removes his share of the money and the balance is returned to the winners.