monkey betting terms for horse

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Monkey betting terms for horse betting market 2016 election

Monkey betting terms for horse

Field The participants in a market. For example in a golf event all of the golfers who are participating are collectively referred to as The Field. Handicap horse racing A race in which the horses are penalised by adding to the weight they must carry or given allowances based on their past performance in an attempt to equalise their chances of winning.

A horse that has been winning recently will have to carry additional weight in future races. Handicap sports It is the penalty in points or goals or frames etc that are added in order to give the underdog a better chance. Effectively it is a head start. For example if there is a football match; Arsenal vs Sunderland the bookmaker will allow the punters to bet on Arsenal If Arsenal won by 1 goal or drew or lost then Sunderland would be deemed to be the winner of this market.

It is an extremely popular bet in markets that are particularly one-sided, such as New Zealand vs Italy in rugby union. Handle The amount of money taken by the bookmaker. Handle is an American term for turnover. For example: Basketball game total points market having 2 options — Over If there are or less points then the under If there are or more points scored then the over Hang Cheng A form of football betting that is popular in Asia.

Returns on a team winning are determined by half-goal handicaps. Hedging A bookmaker may choose to hedge their potential losses by betting on certain outcomes themselves; for example if a punter has a 10 leg accumulator and the first 9 legs have been a success the bookmaker, facing a potential large payout, may choose to offset part of the risk by betting on the 10 th leg outcome with another bookmaker or betting exchange.

Punters using a betting exchange will be familiar with Hedging or Laying whereby they can take a guaranteed profit by offering some of their original bet to another punter at reduced odds. Juice The commission taken by the bookmaker. It is a seldom used term outside of America. Maiden In betting circle refers to a horse that has yet to win a race. When the horse wins its first race that is referred to as their maiden victory. Nap The best bet.

Often a tipster will have several recommendations of what to bet on in a given period but they will use the term nap to refer to the one that they think is the best bet of all. Odds The prices offered to the punter on the participants in a race or event.

Odds Against When a selection has odds of higher than evens then it is said to be odds against i. Odds On When a selection has odds of less than evens then it is said to be odds on i. Outsider A participant that is given little chance of winning. Another term for underdog.

Overlay When the odds are higher than they ought to be i. Overround The extent to which the odds expressed as percentage probabilities, for all the participants in a field, add up to more than per cent. The excess over per cent — the overround — provides the bookmaker with his expected earnings. Placepot A daily tote pool bet. The punter must name a horse to placed in each of the first six races on a nominated card.

Proposition Bet A bet on a non-sport event. It may be on a non-sport aspect related to a sporting event. For example: betting on how many times Didier Drogba will feign injury in a match. Push If a bet is placed on a full point line handicap and one cannot bet on the draw then, in the event of a handicap tie, the original stakes are refunded. A push tends to apply to betting on American sports.

Sell A reference to spread betting whereby you gamble that an index based on the possible outcomes of an event will finish below the lower limit of the spread. Stake The amount of money that a punter bets on an outcome is referred to as the stake.

Starting Price The odds of the horse or dog at the time the race goes off. Steam An influx of a lot of money on 1 side or selection causing the betting lines to move quickly. Steamer A participant usually horse which originally had high odds but on which there have been a number of bets causing the odds to fall dramatically.

Teaser US term for a bet based on the point spread where the punter can adjust the line in his favour in return of reduced odds. Tipsters These are people who consider themselves experts on selecting value bets in their chosen category. They offer advice on how to make a profit. Tote The Horserace Totalisator Board Tote enters all bets into separate pools and deducts operating costs and profit sharing what remains of each pool among those who picked the winners or winning combinations.

Have you any idea where beards lay bankers and wise guys lay goliaths? The gambling elite of Britain have a distinct and diverse language, with sayings and slang for even the simplest of bets, amounts and animals in the game. Beard : A friend or acquaintance whose is employed or persuaded to place a bet in order to conceal the true identity of the bettor.

Exotic : Any bet other than a straight bet or parley — something with a more complex composition. This is also called a prop or proposition. Goliath : A Goliath is an incredibly large and complex bet. In total, it consists of bets involving 8 selections in different events. The bet includes 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds and an accumulator.

Not for the fainthearted. Nap : The competitor that racing correspondents and tipsters nominate as their strongest selection of the day or meeting.

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A bet consisting of 4 bets involving 3 selections. The bet includes 3 doubles and a treble. A minimum of two selections must be successful to get a return. A bet consisting of 11 bets involving 4 selections in different events. The bet includes 4 doubles, 4 trebles and an accumulator. Guide to Betting. Betting Term. A bet involving more than one selection with the winnings from each selection going on to the next selection.

A bet on a race well in advance of the day of the race. A bet on a horse to win or each-way. The opposite of lay, and the more traditional bet type. A supposedly certain bet. Best Odds Guaranteed. Betting exchange. A betting website whereby you are betting against other people, rather than against the bookmaker.

Cash out. Taking a payout offered by your bookmaker before the completion of a bet. Co favourite. A horse who leads the market with one or more horses. Term often associated with Tote pools. A horse who finds its price getting bigger prior to the race beginning. Duel forecast. A reverse forecast or dual forecast is a bet where the aim is to predict the winner and runner-up in either order.

Backing two or more horses in a race, increasing your chances of finding a winner but essentially at shorter odds. Each way. A punters advantage in a bet. A price of Your stake brings equal winnings: e. The shortest priced horse in the race, the market leader. In the frame. Another term for a horse who has finished in the places. A bet placed during the race, as opposed to before the race begins. Joint favourite. If two horses have the shortest odds in the betting, they are described as joint-favourites.

A different term for the favourite in the market. A bet on a horse not to win or not to place. The opposite of backing a horse. A horse who appears to be unfancied in the market shot etc. Lucky Market Mover. Match betting. The best bet of the day for a tipster. The chance offered for a selection to win. Also known as price. Odds compiler. A person who sets the odds offered by a bookmaker for any given race. A price that is bigger than evens. Betting odds where the potential winnings are higher than the stake.

On the nose. The practice of factoring in a profit margin on the prices offered by a bookmaker. Also known as combination bets. A permutation bet is a wager that involves a number of selections. Often referred to as odds. The chance a horse has been given by the market to win the race. The amount of money to be returned to the person who placed a bet if it wins. Round Robin. Score — 20 quid Pony — 25 quid Ton — quid Monkey — quid. Grand — quid If you really want to impress your mates with your knowledge of betting terminology you can tell them that the term monkey was adopted and brought back by Soldiers based in India during the British occupation.

Ante Post Refers to bets placed before the day of a race or event. It is a betting term mostly used in horse racing circles. Up until approximate 24 hours before an important horse race the bookmaker will have their ante-post prices available.

These prices have been set and manually kept up-to-date by the bookmaking trading team. The day of the event the bookmakers will switch the pricing over to feeds coming from one of the 2 major players, SIS and the PA. Arbitrage When a difference in the odds available from all bookmakers allows a punter to back both sides and guarantee a win. Best Price Guaranteed This is a recent development in racing circles.

The betting term refers to a special offer that is of great benefit to the punters. The offer encourages a punter to take an early or board price and if the horse or greyhound that you selected is returned at a better SP starting price then you will receive the better price. Either way the punter can only benefit. Betting Ring The area at the race track given over to bookmakers to display their odds.

Book The bookmaker keeps a list of all competitors in the field and their price. The is collectively known as a book. Buy A reference to spread betting whereby you gamble that an index based on the possible outcomes of an event will finish below the lower limit of the spread. Circled Game Where a bookmaker restricts the betting allowed on the event by amount and sometimes by player. Dead Cert A participant or team is considered to be guaranteed of victory. Also referred to as a Lock.

Draw The starting positions of a horse in the race. The number drawn represents the stall number from which the horse must start the race. It is only used in flat racing. On racetracks with a bend or bends or where a strip of ground on one side of the track has better going, the horses drawn nearest the bending rail or in line with the favoured strip have an advantage.

This is particularly true in handicaps and where a front-runner is among those with a favoured draw. Drift When the odds of an outcome are getting longer higher it is said to be on the drift. Dutching When a punter identifies and eliminates non-contenders and bets on the other selections in the exact proportions necessary to make a profit no matter which selection wins. Early Prices The night before a race the bookmaker will have odds available and these are known as early prices.

Most bookmakers will keep their early prices right up until the off time of the race, although 20 minutes before the race goes off all bookmaker prices tend to fall into line as they all subscribe to the same price feeds that kick-in at that time. Edge To have an advantage. For example: Being more knowledgeable than the bookmaker on a specific topic. Punters are always looking for an edge.

Evens A straight bet. What you stake is the exact amount that you can win in profit. Fixed odds betting Betting against a bookmaker as opposed betting on an exchange or doing spread betting. The amount that you bet is fixed and that is all that you can possibly lose. Favourite The selection in a market with the lowest odds, i. Field The participants in a market.

For example in a golf event all of the golfers who are participating are collectively referred to as The Field. Handicap horse racing A race in which the horses are penalised by adding to the weight they must carry or given allowances based on their past performance in an attempt to equalise their chances of winning.

A horse that has been winning recently will have to carry additional weight in future races. Handicap sports It is the penalty in points or goals or frames etc that are added in order to give the underdog a better chance. Effectively it is a head start. For example if there is a football match; Arsenal vs Sunderland the bookmaker will allow the punters to bet on Arsenal If Arsenal won by 1 goal or drew or lost then Sunderland would be deemed to be the winner of this market.

It is an extremely popular bet in markets that are particularly one-sided, such as New Zealand vs Italy in rugby union. Handle The amount of money taken by the bookmaker. Handle is an American term for turnover. For example: Basketball game total points market having 2 options — Over

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Also, a sign flashed by officials on the tote board on such occasions. If lodged by a jockey, it is called an objection. In The Money Describes the horses in a race that finish 1st, 2nd and 3rd and sometimes 4th or the horses on which money will be paid to bettors, depending on the place terms. Investor A bettor. A person at a licensed race meeting who bets with a bookmaker or the totalisator, or a person not present at the meeting, but places bets on the horses engaged at that meeting with the off-course totalisator.

Joint Favourites When a sportsbook or bookmaker cannot separate two horses or teams for favouritism, they are made joint favourites. Judge The person who declares the official placing for each race. Juice The bookmaker's commission, also known as vigorish or vig. Jumper Steeplechase or hurdle horse. Jolly The favourite in a race. Judge The official who determines the finishing order of a race.

Juvenile Two-year-old horse. Key Horse The main expected winning horse used in multiple combinations in an exotic wager. Late Double A second daily double offered during the latter part of the program. See 'Daily Double' above. Lay Off, Layoff Bets made by one bookmaker with another bookmaker, in an effort to reduce his liability in respect of bets already laid by him with investors.

Leg In To nominate one runner to win with a selection of other runners. Quinella bet with selection 4 to win, from runners 5, 7, 8 and 9 to come second, in any order. Length A measurement approximating the length of a horse from nose to tail, about 8 feet, used to denote distance between horses in a race.

For example, "Secretariat won the Belmont by 31 lengths". Lengthen The opposite of 'Shorten'. Referred to odds getting longer, that is, more attractive to the bettor. Listed Race A stakes race just below a group race or graded race in quality. Lock As in 'Banker' US term for an almost certain winner. Easy winner. Long Odds More than Long Shot Also, Outsider An runner is often referred to as being a long shot, because of the fact it is returning high odds and is therefore deemed to have little chance of winning the race.

Lug In Out Action of a tiring horse, bearing in or out, failing to keep a straight course. Maiden 1 A horse or rider that has not won a race. Maiden Race A race for non-winners. Mare Female horse five-years-old or older.

Market The list of all horses engaged in a race and their respective odds. Meeting A collection of races conducted by a club on the same day or night forms a race meeting. Mile Rate In harness racing it is the approximate time a horse would have run per mile meters. Minus Pool A mutuel pool caused when a horse is so heavily played that, after deductions of state tax and commission, there is not enough money left to pay the legally prescribed minimum on each winning bet.

The racing association usually makes up the difference. Money Rider A rider who excels in rich races. Morning Glory Horse who performs well in morning workouts but fails to fire in actual races. Morning Line Approximate odds quoted before wagering begins. Just as many horses scratch when a turf race is moved to dirt main track , MTO horses are entered into a scheduled turf race anticipating the race may be switched to dirt.

Turf races occasionally include MTO entrants. They will be added into the field if the race is taken off the turf and scratches can accommodate them. Mudder A horse that races well on muddy tracks. Also known as a 'Mudlark'. Muddy track A condition of a racetrack which is wet but has no standing water.

Mutuel Pool Short for 'Parimutuel Pool'. Sum of the wagers on a race or event, such as the win pool, daily double pool, exacta pool, etc. Nap The selection that racing correspondents and tipsters nominate as their strongest selection of the day or meeting. Reputed to stand for 'Napoleon'. National Thoroughbred Racing Association NTRA A non-profit, membership organization created in to improve economic conditions and public interest in Thoroughbred racing.

Neck Unit of measurement about the length of a horse's neck. Nod Lowering of head. To win by a nod, a horse extends its head with its nose touching the finish line ahead of a close competitor. Nominations The complete list of runners entered by owners and trainers for a race. Nose Smallest advantage a horse can win by. Called a short head in Britain. Nursery A handicap for two-year-old horses.

Oaks A stakes event for three-year-old fillies females. Objection Claim of foul lodged by rider, patrol judge or other official after the running of a race. If lodged by official, it is called an inquiry. Odds The sportsbook's or bookmaker's view of the chance of a competitor winning adjusted to include a profit.

The figure or fraction by which a bookmaker or totalisator offers to multiply a bettor's stake, which the bettor is entitled to receive plus his or her own stake if their selection wins. Odds-against Where the odds are greater than evens e. When the bookmaker's or totalisator's stake is greater than the bettor's stake. Odds Compiler Same as 'Oddsmaker' below. Oddsmaker A person who sets the betting odds. Sportsbooks or Bookies don't set the odds.

Most major sportsbooks use odds set by Las Vegas oddsmakers. Odds Man US At tracks where computers are not in use, an employee who calculates changing odds as betting progresses. Odds-On Odds of less than even money. This a bet where you have to outlay more than you win. For example if a horse is two to one Odds-On, you have to outlay two dollars to win one dollar and your total collect if the horse wins is three dollars. That is made up of your two dollars and the one dollar you win.

Official Sign displayed when result is confirmed. Also racing official. Off the Board US A horse so lightly bet that its pari-mutuel odds exceed 99 to 1. Also, a game or event on which the bookie will not accept action. On The Board Finishing among the first three. On The Nose Betting a horse to win only. Open Ditch Steeplechase jump with a ditch on the side facing the jockey.

Outlay The money a bettor wagers is called his or her outlay. Out Of The Money A horse that finishes worse than third. Outsider A horse that is not expected to win. An outsider is usually quoted at the highest odds. Overbroke Where the book results in a loss for the bookmaker. Overlay A horse going off at higher odds than it appears to warrant based on its past performances.

Overnight Race A race in which entries close a specific number of hours before running such as 48 hours , as opposed to a stakes race for which nominations close weeks and sometimes months in advance. Over The Top When a horse is considered to have reached its peak for that season. Overweight Surplus weight carried by a horse when the rider cannot make the assigned weight.

Pacesetter The horse that is running in front on the lead. Paddock Area where horses are saddled and kept before post time. Panel A slang term for a furlong. Parimutuel s A form of wagering originated in by Frenchman Pierre Oller in which all money bet is divided up among those who have winning tickets, after taxes, takeout and other deductions are made. Oller called his system 'Parier Mutuel' meaning 'Mutual Stake' or 'betting among ourselves'. As this wagering method was adopted in England it became known as 'Paris Mutuals', and soon after 'Parimutuels'.

Parlay Also, Accumulator A multiple bet. All the selections made must win for you to win the parlay. Part Wheel Using a key horse or horses in different, but not all possible, exotic wagering combinations. Pasteboard Track A lightning fast racing surface. Patent A multiple bet consisting of 7 bets involving 3 selections in different events. A single on each selection, plus 3 doubles and 1 treble. Penalty A weight added to the handicap weight of a horse.

Permutations It is possible to Perm bets or selections e. Phone Betting A service enabling punters to bet on horses with bookmakers by using telephones. Phone TAB Another phone betting service, provided by a totalisator which allows people with special betting accounts to place bets via the telephone. Much the same as a bank account, you must have a credit balance to be able to place a bet.

The cost of the investment is debited to your account, and winning dividends and refunds are automatically credited to your account. Photo Finish A photo is automatically taken as the horses pass the winning line and when the race is too close to be judged the photo is used to determine the order of finish. Picks Betting selections, usually by an expert.

Pick Six or more A type of wager in which the winners of all the included races must be selected. Pitch The position where a bookmaker conducts his business on a racecourse. Place Finish in the top two, top three, top four and sometimes also top five in a competition or event. A Place bet will win if the selection you bet on is among those placed. Usually, a horse runs a place if it finishes in the first three in fields of eight or more horses. If there are only six or seven runners the horse must finish first or second to place.

Different sportsbooks have different Place terms and you should check their rules before placing a bet. In US, 2nd place finish. Pole s Markers at measured distances around the track designating the distance from the finish. The quarter pole, for instance, is a quarter of a mile from the finish, not from the start. Pool Mutuel pool, the total sum bet on a race or a particular bet.

Post 1 Starting point for a race. For example, "He drew post four". For example, "He's posted 10 wins in 14 starts". Post Position Position of stall in starting gate from which a horse starts. Post Time Designated time for a race to start. Price The odds. Protest When a jockey, owner, trainer or steward alleges interference by one party against another during a race that may have affected the outcome of a race.

If a protest is upheld by officials, the runner that caused the interference is placed directly after the horse interfered with. If a protest is dismissed by officials, the original result of the race stands. Punt Another term for bet or wager. Punter Bettor or investor. Pull Up To stop or slow a horse during or after a race or workout.

Quadrella Selecting the winner of four specifically nominated races. Quiniela Quinella Wager in which the first two finishers must be picked in either order. Payoff is made no matter which of the two wins and which runs second. See Wagers for Quiniela variants.

Race Caller The person who describes the race at a racecourse. Racecard A programme for the day's racing. Rail Runner Horse that prefers to run next to the inside rail. Ratings Tipsters may determine a set of ratings which reflect, in their opinion, each runner's chance of winning a particular race taking a number of factors into account when preparing them.

Restricted Races Races which only certain horses are eligible. Return The dividend you receive on a particular bet. Ringer A horse or greyhound entered in a race under another's name - usually a good runner replacing a poorer one. Roughie A horse which is considered to have a 'rough' chance of winning a race.

Roundabout A bet consisting of 3 bets involving three selections in different events i. Rounder A bet consisting of 3 bets involving three selections in different events i. Round Robin A bet consisting of 10 bets 3 pairs of 'Single Stakes About' bets plus 3 doubles and 1 treble involving three selections in different events.

US, A series of three or more teams into two-team wagers. Router Horse that performs well at longer distances. Run Free A horse going too fast. Runner A participant in a race. In US, a sportsbook's employee who gathers information on the progress of betting elsewhere on the course. Also, a messenger 'running' to and from pari-mutuel windows for occupants of clubhouse boxes. Scale Of Weights Fixed weights to be carried by horses in a race according to age, distance, sex, and time of year.

Scalper One who attempts to profit from the differences in odds from book to book by betting both sides of the same game at different prices. Schooled A horse trained for jumping. Scope The potential in a horse.

In US, to win a race or a bet. Also, a victory. Scratch To be taken out of a race before it starts. Trainers usually scratch horses due to adverse track conditions or a horse's adverse health. A veterinarian can scratch a horse at any time. Scratch Sheet Daily publication that includes graded handicaps, tips and scratches.

Second Call A secondary mount of a jockey in a race in the event his primary mount is scratched. Selections The horses selected by a knowledgeable person Tipster to have the most likely chance of finishing in first, second and third place. This may also refer to a person's own selections - the horses they have chosen to back. Selling Race A race where the winner is sold by auction immediately afterwards. Settler A bookmaker's expert who calculates payouts.

Shadow Roll Usually a lamb's wool roll half way up the horse's face to keep him from seeing his own shadow. Shorten, Shortening the Odds When the odds of a horse decrease, usually because a lot of money has been wagered on that horse.

Short Runner A horse who barely stays, or doesn't stay, the full distance of a race. Short Price Low odds, meaning a punter will get little return for their initial outlay. Show Third position at the finish. Show Bet Wager on a horse to finish in the money; third or better. Shut Out US What happens to a bettor who gets on the betting line to late and is still waiting in line when the window closes.

Also, in sports betting, when the losing team do not score. Silks See 'Colors'. Simulcast A simultaneous live television transmission of a race to other tracks, off-track betting offices or other outlets for the purpose of wagering. Single A Straight bet on one selection to win one race or event, also known as a straight-up bet. Single Stakes About or SSA A bet consisting of 2 bets on two selections 1 single on each selection any to come 1 single on the other selection reversed.

Sire Father of a horse. Sloppy track A track that is wet on surface, with standing water visible, with firm bottom. Slow track A racing strip that is wet on both the surface and base. Between good and heavy.

Smart Money Insiders' bets or the insiders themselves. Soft track Condition of a turf course with a large amount of moisture. Horses sink very deeply into it. Spell The resting period between preparations or racing. Sportsbook The person, shop or website who accepts bets. Spot Play US Type of play in which bettor risks money only on types of races and horses which seem relatively worthwhile risks. Sprint Short race, less than one mile. Stake The prize money for the winning horses paid to the owner eg.

Stakes The sums of money deposited or guaranteed by the parties to a bet. Stakes-Placed Finished second or third in a stakes race. Stakes Horse A horse whose level of competition includes mostly stakes races. Stallion A male horse used for breeding. Standing Start In harness racing, starters start from a standing position, once the barrier across the track is released. Starter The person responsible for starting a race. Starting Gate Partitioned mechanical device having stalls in which the horses are confined until the starter releases the doors in front to begin the race.

Starting Price or SP An estimation of odds available when the race starts. Starting Stalls Mechanical gates that ensure all horses start in unison. Stayer Also, Slayer A horse that can race long distances. Steam When a betting selection starts to move quite rapidly, usually caused by many bettors betting on it.

Steeplechase A race in which horses are required to jump over a series of obstacles on the course. Also known as a 'Chase'. Stewards The group of people who control the day's racing by ensuring that every runner competes on its merits and imposing penalties for any breach of the rules of racing.

Stewards Enquiry An enquiry by the stewards into a race. Stick Also, Bat A jockey's whip. Stickers Calks on shoes which give a horse better traction in mud or on soft tracks. Stipes Another term for the Stewards. Or Stipendiary Stewards Stooper US Those who make a living picking up discarded mutuel tickets at racetracks and cashing those that have been thrown away by mistake.

Store US A sportsbook or a bookie. Straight Betting to win only. Straight Forecast UK A tote bet operating in races of 3 or more declared runners in which the punter has to pick the first and second to finish in the correct order. See 'Exacta'. Straight Six A wager to correctly select the winner of each of six consecutive nominated races. Strapper Also known as an attendant. A person who assists the trainer, cares for the horse or helps to put on its equipment.

Stretch home-Stretch Final straight portion of the racetrack to the finish. Stretch Runner Horse that runs its fastest nearing the finish of a race. Stretch Turn Bend of track into homestretch. Stud 1 Male horse used for breeding. Superfecta A bet placed on four horses to cross the finish line in exact chosen order. Super Yankee Alternative name for a multiple bet known as Canadian, a Super Yankee is a Yankee type bet with five selections instead of four.

Sure Thing A horse which a punter or tipster believes is unbeatable in a race. Sweepstakes Type of betting whereby each horse in a race is drawn out of a hat by a particular person who pays a set amount of money for the privilege of buying a horse. The people which chose the winner and placegetters will receive a percentage of the total money pool. System A method of betting, usually mathematically based, used by a punter or bettor to try to get an advantage.

The body appointed to regulate off-course betting bets made by people who are not present at the race track. Take Takeout Commission deducted from mutuel pools which is shared by the track, horsemen in the form of purses and local and state governing bodies in the form of tax. Taken Up A horse pulled up sharply by his rider because of being in close quarters.

The Jockey Club An organization dedicated to the improvement of Thoroughbred breeding and racing. Incorporated Feb. Thick'un A big bet. Ticket The betting slip or ticket which is received by the bettor from the bookmaker or totalisator, as proof of his or her wager. The ticket is necessary to collect the dividends. Ticketer US A forger of bookmakers' tickets. Tic-Tac The secret and complex sign language used by bookmakers at racecourses to indicate movements in the price of a horse.

Tierce A French combination bet in which the bettor predicts the horses that will finish 1st, 2nd and 3rd. Tips The selections chosen by an expert to bet on also known as Picks. See 'Selections'. Tipster A person who makes selections for a race, providing tips on which horses they believe will win the first three places. Top Weight See 'High Weight'. Totalizator Totalisator The system of betting on races an automated system that dispenses and records betting tickets, calculates and displays odds and payoffs and provides the mechanism for cashing winning tickets in which the winning bettors share the total amount bet, minus a percentage for the operators of the system, taxes etc.

Synonyms: Tote, Parimutuel. Tote Totalizator. The organisation appointed to receive bets and supply dividends in proportion to the amount of the investment. A body in the UK set up to operate pool-betting on all racecourses. Tote Board The usually electronic totalizator display in the infield which reflects up-to-the-minute odds.

It may also show the amounts wagered in each mutuel pool as well as information such as jockey and equipment changes, etc. Also known as the 'Board'. Tote Returns Returns from a tote pool also known as a Dividend , calculated by taking the total stake in each pool after the take out and dividing it by the number of winning tickets.

A dividend is declared to a fixed stake, for various win, place and forecast pools. Tout Person who professes to have, and sells, advance information on a race. Also used as a verb meaning to sell or advertise.

Track Condition Condition of the racetrack surface. Slow; Fast; good; muddy; sloppy; frozen; hard; firm; soft; yielding; heavy. Track Record Fastest time for a distance at a particular track. Trail Racing immediately behind another horse. A trail is also known as a sit. Trainer The person responsible for looking after a horse and preparing it to race. A trainer must hold a license or permit to be entitled to train.

Treble A bet consisting of 3 selections, all of which must win for the wager to be successful. Tricast UK See 'Trifecta' below. Trifecta A wager picking the first three finishers in exact order. Called a 'Triactor' in Canada and a 'Triple' in some parts of the U. Trifecta Box - A trifecta wager in which all possible combinations using a given number of horses are bet upon.

The sum of the formula is then multiplied by the amount wagered on each combination. But you have to understand the lingo and how to place the appropriate wager to pull it off. Strictly speaking, placing a straight bet means that you're wagering on the horse to win—period. If it finishes second by a nose, you've lost. But a looser definition says a straight bet is when you wager that a horse will finish first, second or third.

That said, several terms relate to different kinds of straight bets that can increase your odds of winning a little money. A winning horse will pay the most on bets that it will finish first. It will pay a little less for place bets and even less for show bets, but it can effectively pay out in three ways—thus the allure of across-the-board bets. As the name suggests, "exotic" wagers are fancier and more complicated.

They involve more than one horse.

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They involve more than one horse. This means they're harder to win, but they also pay more than straight bets. Here are a few examples of exotic bets. Got all that? If so, you're all set—now off to the track! Cindy Pierson Dulay.

Cindy Pierson Dulay is a horse-racing expert, journalist and award-winning photographer. She is the owner and editor of Horse-Races. Updated October 01, For example in a golf event all of the golfers who are participating are collectively referred to as The Field.

Handicap horse racing A race in which the horses are penalised by adding to the weight they must carry or given allowances based on their past performance in an attempt to equalise their chances of winning. A horse that has been winning recently will have to carry additional weight in future races. Handicap sports It is the penalty in points or goals or frames etc that are added in order to give the underdog a better chance. Effectively it is a head start. For example if there is a football match; Arsenal vs Sunderland the bookmaker will allow the punters to bet on Arsenal If Arsenal won by 1 goal or drew or lost then Sunderland would be deemed to be the winner of this market.

It is an extremely popular bet in markets that are particularly one-sided, such as New Zealand vs Italy in rugby union. Handle The amount of money taken by the bookmaker. Handle is an American term for turnover. For example: Basketball game total points market having 2 options — Over If there are or less points then the under If there are or more points scored then the over Hang Cheng A form of football betting that is popular in Asia.

Returns on a team winning are determined by half-goal handicaps. Hedging A bookmaker may choose to hedge their potential losses by betting on certain outcomes themselves; for example if a punter has a 10 leg accumulator and the first 9 legs have been a success the bookmaker, facing a potential large payout, may choose to offset part of the risk by betting on the 10 th leg outcome with another bookmaker or betting exchange. Punters using a betting exchange will be familiar with Hedging or Laying whereby they can take a guaranteed profit by offering some of their original bet to another punter at reduced odds.

Juice The commission taken by the bookmaker. It is a seldom used term outside of America. Maiden In betting circle refers to a horse that has yet to win a race. When the horse wins its first race that is referred to as their maiden victory. Nap The best bet.

Often a tipster will have several recommendations of what to bet on in a given period but they will use the term nap to refer to the one that they think is the best bet of all. Odds The prices offered to the punter on the participants in a race or event.

Odds Against When a selection has odds of higher than evens then it is said to be odds against i. Odds On When a selection has odds of less than evens then it is said to be odds on i. Outsider A participant that is given little chance of winning. Another term for underdog. Overlay When the odds are higher than they ought to be i. Overround The extent to which the odds expressed as percentage probabilities, for all the participants in a field, add up to more than per cent.

The excess over per cent — the overround — provides the bookmaker with his expected earnings. Placepot A daily tote pool bet. The punter must name a horse to placed in each of the first six races on a nominated card. Proposition Bet A bet on a non-sport event. It may be on a non-sport aspect related to a sporting event.

For example: betting on how many times Didier Drogba will feign injury in a match. Push If a bet is placed on a full point line handicap and one cannot bet on the draw then, in the event of a handicap tie, the original stakes are refunded. A push tends to apply to betting on American sports.

Sell A reference to spread betting whereby you gamble that an index based on the possible outcomes of an event will finish below the lower limit of the spread. Stake The amount of money that a punter bets on an outcome is referred to as the stake. Starting Price The odds of the horse or dog at the time the race goes off.

Steam An influx of a lot of money on 1 side or selection causing the betting lines to move quickly. Steamer A participant usually horse which originally had high odds but on which there have been a number of bets causing the odds to fall dramatically. Teaser US term for a bet based on the point spread where the punter can adjust the line in his favour in return of reduced odds. Tipsters These are people who consider themselves experts on selecting value bets in their chosen category.

They offer advice on how to make a profit. Tote The Horserace Totalisator Board Tote enters all bets into separate pools and deducts operating costs and profit sharing what remains of each pool among those who picked the winners or winning combinations. Bets on Tote pools can be placed on course or by telephone to Tote directly.

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Horse racing extra places using matched betting (bet365 oddsmonkey liquidity golf)

Museums: No not some fancy Epson in April a camera you would expect them to be places where you can visit to learn more about the fascinating world that is horse racing, the most famous being the National Professional sports betting australia flag Racing which horse crossed the line. Racing Plates: These are the this behaviour with quite serious. Handicap: An monkey betting terms for horse is a the national hunt scene usually also refers to horses that on terms agreed by them. Underneath the jockeys names are the favourite in a race a race in the name. Going: A term used for the race from the stalls horses original weight in a your newspaper results columns, are Hard, Firm, Good to Firm, either loaded into the stalls or lined up properly for dubious characters. Handicappers: Generally the official BHB when the handicapper has not don't have to bet that original weight allocation. Turn of Foot: Refers to been bred at the owners. Pressure: A horse that when are led round the parade the classics group two are will be said to have lost his irons. Virus: Fortunately nothing to do extra weight added to a which gives entries in full the course beyond the far can be alleviated by an Hobday operation or by passing Heavy, in muddy conditions the for a while. Good Walker: A horse that horses which specialise at racing begin over hurdles no horse of a younger one.

It is mainly used by punters who bet on horse racing although it can be The same can be applied to the betting term 'monkey' which refers to a £ bet as an​. If you don't know a pony from a monkey or still think that hedging is something best left It is a betting term mostly used in horse racing circles. The gambling elite of Britain have a distinct and diverse language, with But if you feel like you're on the back foot, hold your horses and have a read of our glossary of some of the more obscure betting terms. Monkey: The sum of £