Betting on the horsetrack
Betting at the horse track has emerged as the most important phenomenon within the adventurous, entertainment-filled sport of horseracing. It is actually a lot like gambling. The amount of importance given to this is obvious because horse track is the place nearest to the race in which the viewer can feel the exact excitement and nervousness of the sport. Horse track can be viewed as as a pilgrimage venue for the betters who risk their funds in order to win huge profits and a majority of them do win huge profits.
As normally observed a newcomer is first lured to the game by the excitement, nervousness and popularity of the game and later gets serious about the sport. As soon as the initial excitement dies and the person learns something about the sport, he switches onto more profitable modes of the sport, i.e., betting. Here is when the excitement and passion becomes an addiction for money and leads some individuals to enormous debts. But, not every person gets in financial trouble. There are some who master the game as though they were created for this 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 little. Now, people do not consider it wise to waste time and fuel to visit the horse track when they can easily earn money sitting at the home. For a 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 two consecutive races while
DAILY TRIPLE is the bet on the first position for three consecutive races.
PICK SIX is the same bet for six 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 differs from exacta in the regard that there’s no need for an order in it.
TRIFECTA is really 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 is the bet on the first four horses in 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 easy. It works around the principle that resembles an insurance company. The total money collected is split into pools. The agent or the race track takes out his share of the money and the balance is given back for the winners.