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Betting on the horsetrack

November 10, 2014 · by admin2014 ·

Betting at the horse track has emerged as the most significant phenomenon within the adventurous, entertainment-filled sport of horseracing. It is actually a lot like gambling. The amount of importance given to this is certainly obvious because horse track is the place closest 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 money in order to win huge profits and a greater part 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 activity. After the initial excitement dies and the person learns something about the sport, he switches onto 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 though these people were made for this new horse racing game.

With the evolution of technology, easier and more convenient styles 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 little. Now, people don’t feel the need to spend 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 game. Many articles and books have already been authored 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 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 no one wins this race, the winner will be the one who picks accurate horses for five consecutive races.
EXACTA would be the bet on the first and second horses in the correct order while
QUINELLA is different from exacta in the regard that there’s no requirement for an order in it.
TRIFECTA is a bet on the first, second as well as the third horses in a given race while
TWIN TRIFECTA is the identical for 2 consecutive races.
SUPERFECTA would be the bet on the first four horses within the race.
ODD/EVEN is the bet depending on the number of the winning horse, i.e. number of WIN.

The horse track management is also very easy. It works on the principle that resembles an insurance company. The total money collected is divided into pools. The agent or race track removes his share of the money and the balance is given back to the winners.

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