Wagering at the horsetrack
Betting in the horse track has emerged as the most important phenomenon in the adventurous, entertainment-filled sport of horseracing. It is actually similar to 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 exact excitement and nervousness of 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 greater part 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 later gets interested in the activity. 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. Here is when the excitement and passion becomes an addiction for the money and leads some people to enormous debts. But, not every person gets in debt. There are some who master the game as if they were made for this game.
Together with the evolution of technology, easier plus much more convenient styles of betting including online betting and software like BetAngel have also 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 don’t consider it wise to waste time and fuel to check out 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 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 on 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 is different from exacta in the regard that there is no requirement 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 identical for two consecutive races.
SUPERFECTA would be the bet on the first four horses in the race.
ODD/EVEN is the bet depending on the number of the winning horse, i.e. amount of WIN.
The horse track management is additionally very simple. 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.