The combinatorial study of phylogenetic networks has attracted much attention in recent times. In particular, one class of them, the so-called tree-child networks, are becoming the most prominent ones. However, their combinatorial properties are largely unknown. In this paper we address the problem of exactly counting them. We conjecture a bijection with a certain class of words, and from this assumption a simple recurrence formula arises. It is able to determine the number of all subclasses, as well as a direct formula, a simple enumeration procedure and precise
asympotics. Our results coincide with all currently proved formulas for particular subclasses of tree-child networks, as well as with numerical results obtained for small networks. Since, as we will show, working with words greatly simplies the problem, we expect to contribute to further combinatoric characterizations of this class of networks.