Wagering 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 directed at this is certainly obvious because horse track is the place nearest to the race where the viewer can feel the actual excitement and nervousness from the sport. Horse track can be considered 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 newcomer is first lured into the game by the excitement, nervousness and popularity of the sport and then gets interested in the activity. After the initial excitement dies and the person learns something in regards to the sport, he switches on to more profitable modes of the sport, i.e., betting. This is when the excitement and passion becomes an addiction for money and leads some individuals to enormous debts. But, not every person gets in debt. There are some who master the game as if 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 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 don’t feel the need to waste time and fuel to visit the horse track when they can easily make money sitting at the home. For any beginner, it is essential to understand some basics used at the race track so that he gets a fair perception of the sport. Many articles and books have already 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 that 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 is no requirement 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 additionally very easy. It works around the principle that resembles an insurance company. The total money collected is divided into pools. The agent or the race track removes his share of the money and the balance is given back for the winners.