horse betting lingo

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The bookie has indicated that it could close up to outlets, with the number of closures ultimately dependent on how gamblers change their habits. William Hill is making progress in fulfilling its American ambitions. Since legislation banning sports betting was overturned in May, six states have legalised this form of gambling, and William Hill is present in all six. Sign in Register. Join our community of smart investors Subscribe. Investment Ideas. A non-cash impairment on the UK retail business wiped out full-year profits.

Horse betting lingo bet on football games free

Horse betting lingo

As the name suggests, "exotic" wagers are fancier and more complicated. 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.

The winner. What does form mean? The performance history of an athlete, player, horse, greyhound or team. The level at which the selection usually performs or has recently performed. Used by bookmakers to set prices and by bettors to assess odds and make selections. What does FPTS mean? Abbreviation for First Player To Score. Fractional Odds. What are fractional odds? The standard way of writing odds in the UK. Fractional odds allow you to calculate your potential profit not including your stake.

Full Time. What does full time mean? When you back a team to win a match it is a full-time result bet. Bets in football are settled at the end of 90 minutes plus stoppage time and as standard they do not include results achieved in extra time or on penalties unless otherwise stated.

What does going mean? The going is good or hard or soft and so on. Different horses suit different conditions so this is crucial to prices. What is a grand? Handicap Race. What is a handicap race? Common in horse racing, handicap races see horses carry different weights in order to encourage closer competition. Better horses carry heavier weights. In other sports such as football or darts you can bet on teams or players to get results with handicaps included in the odds.

So you can bet on a team to win by more than two goals or a darts player to win by more than two legs, for example. Who is IBAS? What does lines mean in betting? Odds and handicap values offered by bookmakers to customers. What is a longshot? A selection with long odds to win. A unfancied horse, an underdog or an outsider in a race or competition can be called a longshot.

What is a maiden? A rather elegant term to describe a horse which is yet to taste victory in a race. What is a monkey? Nailed On. What does nailed on mean? What is a non-runner? A selection which finally does not participate in a race or competition for which it was entered.

What are odds? The price available on a selection for a bet from a bookmaker. On The Nose. What does on the nose mean? Each way means you back the horse to win AND to finish in the paid places usually 2nd to 4th depending on the type of race and your stake is split on those two bets. So with each way you put less money on the win, unless you double your stake.

On the nose all your stake goes on the win. What are picks in betting? Tips given by experts tipsters on selections they believe have a good chance of winning or getting results. What does places mean? A small number of runners might mean only the first two finishers place, whereas in a big field down to fifth or sixth might be considered a place finish.

What is a pony? Another colloquialism for a sum of money. What does betting price mean? The odds a bookmaker offers bettors on a selection. What is a punter? A customer or bettor. The person placing the bet with the bookmaker. What does retuen mean in betting? What is a score?

What is a betting selection? The athlete, player, team, individual, greyhound, horse, etc, that the punter has their bet on. What is a betting stake? The amount being put down or placed by the bettor on the bet. Stake units refer to the value of each part of the stake in a multiple bet.

Starting Price SP. What is the starting price? The final odds on a selection at the point the race starts. What are betting tips? Also referred to as picks, these are predictions shared with the public, or indeed paying punters in some instances, by betting experts.

These experts are also called tipsters. Tote bets. What are Tote bets? Estimated returns or dividends for successful bets are available beforehand, but the actual amounts to be paid out are only finalised after the race when all the money has been put in.

What are winnings? The amount earned from a successful bet profit on top of the returned stake. What does X mean? Stands for a draw in a 1x2 bet such as those on full time results football matches. Bet Types. There are many different types of horse racing bets that you can choose from. The number of options make wagering on the horses more enjoyable to horse racing fans, although the range in bet types and even just the name of some bets can seem confusing to a beginner. However, the objective of each bet type remains the same, money is placed on a horse or horses to finish in a specified position and if the outcome is what you predicted then you win.

The amount of winnings depends how much was staked and the odds the bet was taken at. Punters that are new to horse racing will usually stick to the most basic bet types. These bets usually involve making just one selection. What is a single bet? In this situation you can back the horse to place. What is a place bet? By making a place bet there is a greater chance that you will be successful however the odds for a horse to place are lower and therefore the pay out will be less than if you had backed the horse to win.

Punters could also choose a bet type which gives them the opportunity of a large pay out from a win bet and the security of a place bet. What is each way bet? As you become better at picking winning horses then you may want to try a more complex bet. What is a Straight Forecast? What is a Reversed Forecast?

To increase your chances of success even more you can choose more than one selection for first and second place. What is a Combination Forecast? Here you may have 3 or more selections and will need two of them to fill the first two places, in any given order.

Forecast bets are more challenging but the potential returns are also greater. For the chance to see even more value from your bet you can also select which horses will finish in the first three places in the race. What is a Tricast? What is a Combination Tricast? As well as betting on more than one runner in a race you can also select horses from different events.

For example you could back one horse in a race at Doncaster and one in at a race at Ascot. What is a Multiple bet? What is a Double bet? What is a Treble bet? What is an Accumulator? The stake and return from the first selection rolls on to the next, until the final bet is settled.

Of course, a losing selection results in the accumulator being settled as losing bet. Some bettors prefer to have a combination of different bet types. What is a Trixie? To gain a return from this bet type, the bettor must successfully pick two winners, though three winners will see each of the four bets within the Trixie settled as winners. What is a Patent bet? In this bet you have three singles, three doubles and a treble, meaning just one winner is needed to lock-in a return.

What is a Yankee bet?

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If the horse finishes 3rd then you will only collect the show bet. Quinella In the Quinella, you must pick the horses that finish first and second. Either one can be first and the other one second. You must remember that there is no such wager of an exacta box, it is really two separate bets on one ticket. Trifecta With Trifectas you must pick the first three finishing horses in the order of their finish.

Superfecta With Superfectas you must pick the first four finishing horses in the order of their finish. Exacta With this bet you must pick the first two finishing horses in the order of their finish. You must pick the horse that wins and the horse that finishes second. Daily Double The Daily Double is like a parlay bet involving two consecutive races, usually the first two races on a card and the last two races on a card.

You must pick the winner of the first race and the winner of the next race. Pick 3 Pick 3: This wager includes picking the first place finishers of three consecutive races. If one leg of the pick 3 is a loss the entire wager will be deemed a loss.

Exacta : This is a bet involving two horses. To win the two horses you pick in the order picked would have to win and the other horse would have to run in second place. Exacta Box : This wager is actually two exacta bets on one ticket using the same 2 horses.

Your horses can run first and second in either order for your bet to be a winner. Trifecta Box : Like the exacta box, this would actually be 6 bets on one ticket. You are betting all possible combinations of a three-horse wager. For example, 3,4,5 — 3,5,4 — 4,3,5 — 4,5,3 — 5,3,4 — 5,4,3. Trifecta Wheel : Same as the exacta wheel where one horse is keyed in one of the positions first, second or third and all other horses are placed in the other two positions. Trifecta Partial Wheel : Same as the trifecta wheel but instead of betting with all, selected combinations are placed in the other two positions.

Pick 4 : The first place finishers of four consecutive races must be picked in order to win this wager. The wager must be placed before post time of the first race. 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. Triple Also 'Treble' See 'Trifecta' above.

Triple Crown Used generically to denote a series of three important races, but is always capitalized when referring to historical races for three-year-olds. Leger Stakes. Trixie A Trixie consists of 4 bets involving 3 selections in different events, i.

Trotting A term for harness racing in general. It also describes the specific gait of a trotter. Turf Accountant The UK euphemism for a bookmaker. Turf Course Grass course. Unbackable A horse which is quoted at short odds that punters decide is too short to return any reasonable amount for the money they outlay. Underlay A horse racing at shorter odds than seems warranted by its past performances. Under Wraps Horse under stout restraint in a race or workout.

Value Getting the best odds on a wager. Wager Another term for bet. Walkover A race in which only one horse competes. Warming Up Galloping horse on way to post. Weigh In Out The certification, by the clerk of scales, of a rider's weight before after a race. Wheel Betting all possible combinations in an exotic wager using at least one horse as the key. See 'Part Wheel'. Wheeling A racing system devised for the daily double bet in which the bettor backs one horse in the first race and every horse in the second also known as Baseball or Locking.

Weight-For-Age The purpose of weight-for-age is to allow horses of different age and sex to compete on equal terms. The weight a horse carried is allocated on a set scale according to its sex and age. Whip Instrument or a stick, usually of leather, with which rider strikes horse to increase his speed. Win The term used to describe a 1st place finish. Win Bet Wager on a horse to finish first.

Winning Post The finishing line of a race. Also, The Post. Wire The finish line of a race. Wise Guy A knowledgeable handicapper or bettor. With the Field Having one horse linked with all the other horses in an event. It can apply to forecasts or in doubles. Yankee A multiple bet consisting of 11 bets 6 doubles, 4 trebles and 1 4-fold on 4 selections in different events.

Yap Yankee Patent. The same 11 bets as a Yankee, but with singles on each of the 4 selections as well, making 15 bets in all also known as a 'Lucky 15'. Yearling A horse in its second calendar year of life, beginning January 1 of the year following its birth.

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Juice attached to the odds increases with each point purchased. Chalk: Another term for favorite. Los Angeles is the chalk side if the Lakers are a -3 point favorite over the Houston Rockets. Circled game: Matches that have set betting maximums, which are capped at low amounts. Games are usually circled when bookmakers face unknowns such as player injuries, weather or rumors that surface prior to a match. Opening odds and prop options are often circled as well.

Closing line: The final betting odds posted prior to the start of a competition. Co-favorite: Two or more sides with identical odds to win. Common with futures odds, bookmakers may post co-favorites to win the NBA Finals championship. Combine: A series of fitness tests that help scouts from professional teams evaluate amateur athletes. Commission: Another term for vigorish and juice, commission is the bookmakers take on any bet.

It is also the amount a betting exchange takes from winning wagers. Correct score: Bettors are offered a list of possible final scores on a match. In soccer, players can bet on a match ending as low as or as high as plus all scores in between. The most likely result is the favorite and the least likely result is the underdog.

New England winning over Miami means the Patriots would cover a point spread. Dog: Short for underdog, a dog is perceived as the least likely side to win and is tagged with plus pricing. Bettors often double their bet when they feel one side is vastly superior to another. Double result: A single betting option that combines the score of a game at halftime and the score at the end of the same game. Double-header: Two games that are played back-to-back on the same day.

Most common in baseball, a double-header will often take place if a game from the previous day was rained out. Draw: Any contest where the final score ends in a tie. In most instances, a draw is graded as a PUSH and original bet amounts are returned. Drift: Betting odds that grow longer after the opening line is posted. Each-way: Common in horse racing, each-way betting takes a single amount and splits it on a horse to finish first or second. Both bets pay if the horse finishes first while just one bet pays if the horse finishes second.

The return on a first place win is always higher than the return on a second place win. Edge: Gaining an advantage through extensive research or having insights that are not publicly known. Even money: Odds that return the exact amount of the original bet.

Exotic Bet: Betting options beyond point spreads, moneylines and game totals. Proposition bets, specials and parlays are the most common types of exotic bets. Exposure: Amount of money a bettor or bookmaker stands to lose on any given wager. Favorite: Any side priced with a negative number. Two Final Four games are played prior to the National Championship game. First half bet: A wager that focused on the result of the first half in sports like basketball, soccer and football.

The most popular first half betting odds are spread, moneyline and game total options. A variety of team and player props are also offered as first half bets. Fixed odds : When a wager is placed, and a bookmaker accepts it, the line becomes fixed odds. Also a term for moneyline odds. French Open : Second of four women's and men's Grand Slam tennis tournaments that are played over two weeks in late May and early June. Futures bet : A wager placed on an event that will take place in the near or distant future.

Futures are also offered in soccer, major horse races, plus golf and tennis tournaments. If a baseball game total is set at 7. Graded Bet: A wager that bookmakers officially mark as a winner, a loser, or a push, once a competition has ended. Winnings, or push refunds, are paid out after a bet has been graded. If there are seven games on the NFL schedule, the line may be set at Half ball handicap: Soccer betting odds where 0. Half time bet : Wagers placed on the outcome of just the second half of a competition.

Half time bets can be placed during intermission or as live wagers once the second half begins. Handicap: Betting odds set by a bookmaker that are designed to level the playing field. New Orleans may have a If the Saints win by eight or more points - they cover the handicap and produce winning wagers. Handicapper: A bettor who researches matchups and then places a bet.

Also applies to tipsters who publish predictions on various sporting events. Handle: Total amount of money a bookmaker accepts on a single game or event. Hedge : Most common with parlay betting and as a risk management tool. Hedging a bet consists of betting on the opposite side of an original wager to set up a guaranteed return. A hedge bet may also be placed to reduce the initial risk on a potential losing wager. Home field advantage: The perceived benefit a team gains when playing in familiar settings at their home stadium.

Hook : A half point added to point spreads and game total odds. A hook guarantees a wager will not be graded as a push. One side will win and one side will lose. If bet: A member of the parlay family, an If Bet consists of two or more wagers. In play betting: Wagers placed after an event after it has started. Also known as LIVE betting, bookmakers post multiple in-play betting options throughout most major sporting events.

Joint favorite: Two or more sides posted with the same betting odds on the same event. Juice : Also known as vigorish, juice is set by bookmakers and is attached to spread and total betting options. If Minnesota Kentucky Derby: First jewel in the Triple Crown of thoroughbred racing. Laying points : Betting on a favorite. A wager on Dallas, as a The Cowboys need to win by at least points to cash a winning ticket. Layoff: Used by bookmakers and players to reduce risk on a certain market.

Parlay bettors may have an option to place a layoff wager on both sides of the last open bet on a ticket to set up a guaranteed profit. Limit: Bookmakers set various high and low wagering limits that vary by sport and betting options.

As part of a proper bankroll management system, players should set and follow personal betting limits. Line: Betting odds posted by a bookmaker. Linemaker: Same as a bookmaker, a person or group that sets daily betting lines and prices. Listed pitchers: Appear with daily baseball betting odds. Live betting : Also known as in-play wagering, live betting is offered once a sporting event begins. Spreads, moneylines and totals are adjusted and re-posted as a match plays out.

Prop options, like next goalscorer and correct final score, are also available. Lock: Term often used by tipsters to tempt bettors into buying handicapping advice. Death and taxes are the only true locks in life. Longshot: A perceived inferior side that is also known as an underdog. Longshot prices are always displayed as positive prices.

Masters Tournament: First of four major Grand Slam golf tournaments. Middle : Cashing tickets on both sides of a betting option. Bettors have an opportunity to middle when a point spread moves up or down prior to a match. The MLB draft is five rounds and most of the players selected will be assigned to minor league teams. Moneyline : A straight up bet, without any point spread, where bettors need to predict the outright winner. Multiple bets: Same as parlay, multiple bets are a single wager that consists of at least two sides on a single ticket.

All sides must win or push to cash winning multiple bets. MVP: Player honored as most valuable to their team during the regular season or playoffs. Wagering on who will be named the Most Valuable Player is a popular futures betting option in professional sports. Nap: Similar to a lock, a nap is a handicappers suggested best bet on a daily betting card. No action: Betting options cancelled by a bookmaker are graded as no action. Original stakes are returned to bettors. Novelty bets: Prop and special betting options that are wagers beyond standard moneyline, point spread and game total odds.

Team and player propositions are the most common novelty bets. Odds: Betting lines set by a bookmaker on a variety of events. Oddsmaker: Same as a linemaker, a person or group that sets daily betting lines and prices. Odds on favorite: One side that is viewed as far superior to the other and is priced with odds that offer very little value.

Odds shopping: Reviewing the lines at a variety of sportsbooks in order to find the best priced odds. An injury to a star player may cause bookmakers to pull odds off the board. Outright betting: Predicting the overall winner of a tournament or playoff competition.

Over bet: Opposite of an Under bet on game total options. Bettors need to determine if the combined scores of both teams will go over or remain under the number. Also known as game total odds. Parlay : A single bet, also known as an accumulator or multiple, that consists of two or more sides. Each side must win to produce a winning ticket. Parlay banker: Forming the base of a parlay wager, a banker is a favorite side to which other sides are added. Payout: The amount a bettor collects on a winning wager.

When a wager is placed, the possible payout on a betting receipt usually includes the original stake. Held in late May at various courses across the United States. Point spread : Odds posted on a match that are designed to level the playing field.

Favorites are listed with a negative Post time: Scheduled start time of a race. Power rankings: A ranking system that uses a variety of criteria to grade teams, in a specific league, from the best to worst.

Preakness Stakes: Second jewel in the Triple Crown of thoroughbred racing. Proposition bet: Often shortened to prop bet, proposition bets are exotic or special wagers that are offered on most sporting events. NFL Super Bowl prop betting options number in the hundreds. Proxy : A proxy is an individual, or a group of individuals, who place bets for other people.

The term is most commonly associated with people who submit picks for non-Las Vegas residents that are involved in season-long sports pools like the Westgate Las Vegas SuperContest. Puck line: Point spread pricing in hockey. Prior to a match, the favorite is normally posted at Push: Any wager where the final result is a tie. If a basketball spread is 11 points and the final score is spread bets on both teams are graded as a push and original stakes are returned.

Quarter Bet : Any wager placed prior to or during any quarter of a sporting event. Prior to an NBA game, Boston may be a For a dead heat the odds of a horse are divided in half to pay out each of the two winners evenly. Derby A classic race for three-year-olds. Dwelt Refers to a horse that has hesitated at the start and is slowly into stride. Eased Describes a horse that has been restrained in order to find a better position back in the field. Can also refer to a horses odds increasing in the lead-up to a race.

Farrier A specialist in equine hoof care. Fast The firmest track rating. Now known as Firm in Australia. Feature Race The most significant race of the day, usually determined by the ratings of the horses involved, its category and the prize money on offer.

Filly A young female horse three years old or younger. First-up A runner resuming from a spell a spell being a minimum two-month break from racing. First Starter A horse making his racetrack debut. Fluctuation Odds movement of a runner as dictated by betting activity.

Front Runner A horse who usually settles out in front. Furlong A scale used in European and American racing which is equivalent to approximately m. Good Track The optimal racing surface. In Australia, track managers always aim for track to be rated a Good 4. Head A margin between runners that equates to roughly the length of a horse's head. If a horse wins by a head it is a close margin. Heavy Track A very rain-affected track. A Heavy 10 is the worst possible track rating in Australia.

Hoop Another name for a jockey. Hurdle Race A jumps race over lower fences than a steeplechase. Impost The weight carried by a horse in a race. It's a term most commonly used when referring to horses to carrying top weight or that are high up in the weights scale. In Foal Pregnant mare. Knocked Up Describes a horse that weakens noticeably in the concluding stages.

Knuckled When a horse stumbles forward in a race, often upon jumping. It often costs the horse ground and can sometimes lead to the jockey being dislodged. Late Mail Last-minute tips that take scratchings, jockeys, track conditions and whispers from informed sources into account.

Late Scratching A runner that is withdrawn from the race after 8am on raceday. If a late scratching is made, the betting odds are adjusted to account for that horse being removed from the market. Lay When a bookie offers better odds because they believe the horse can't win. Or the act of betting on a horse to lose on a betting exchange like Betfair.

Length A horse's length from nose to tail. If a horse wins by 1 length it has won by about 3 meters. Long Shot A runner paying big odds. Maiden A horse who has not won a race. Mare A female horse aged four years or older. Middle Distance Racing distance classification that generally describes races in the mm range.

Mudlark A horse that excels on wet tracks. Neck Margin between horses - about the length of a horse's neck unsurprisingly. Near Side Left side of a horse. Nose The smallest official margin between horses on the line. Off Side The right side of the horse. On The Nose To back a horse for the win only.

Photo Finish A result so close that it is necessary to use a finishing post camera to determine the winner. Pig Root The act of a horse bucking. This will cost a horse ground and can often dislodge the jockey; it almost always puts paid to a horse's chance of being competitive in a race. Plunge A sudden rush of bets for a particular horse, often placed close to the race's advertised start time. Punter A person placing a bet. Rails The prime position in the bookies ring where the larger bets are exchanged.

Also a the term used to denote the the fence-like structure that marks the boundary of the racetrack. Ridden Out Describes a horse that has been vigorously ridden to the line by its jockey without the use of the whip. Roughie A horse at a long price in the ring with a much lower chance of winning. If you pick a 'roughie' your winnings will be far higher because of the chances involved.

Scratched A horse which has been removed from a race. Reasons for this can include that there is a better race option for the horse on the horizon, illness, injury, unfavourable barrier draw or at the direction of racing officials. Second Up A horse's second start during a preparation. Silks The often brightly coloured and patterned jacket and cap worn by jockeys in a race. Silks are generally in the colours of the most prominent owner of the horse or in the trainer's racing colours.

Sire The male parent of a horse. In human terms, the father. Spell A horse that has had a minimum two-month 60 day break from racing. Stallion A male horse that has not been gelded castrated. Also describes male horses whose racing deeds and pedigree are such that it is desirable to breed from him. Stayer A horse who performs best when it races over longer distances. Stewards Racing officials responsible for enforcing the rules of racing.

Strapper A person employed by the trainer to groom and look after the general day-to-day welfare of a horse. Stone Motherless Describes a horse who has finished a clear last in the race. Swooper A horse whose style of racing is to race near the back of the field before unleashing a fast-finishing burst towards the finish line and often down the outside portion of the track.

These bets generally need to be placed at least half an hour before the race. Under Double Wraps Describes a horse who is travelling well without any urgings from its jockey. Unders A horse whose odds are too low in relation to its chances of winning. Taking 'unders' means you've bet on a horse at odds which should have been higher.

Wager A bet. Or, according to sentence handed down in The consequences of being warned off include not being permitted to enter any racecourse or training facility, not being able to have an interest in any thoroughbred racehorse and not being able to place a bet on thoroughbred races with a wagering operator. Well-Held Describes a horse who has been comfortably beaten by the winner.

Write Your Own Ticket This refers to a runner that is so unlikely to win that a bookie would give you any odds you ask. The expression is also loosely used in reference to any betting outcome that has very little likelihood of occurring. Yearling A horse of either sex that is between one and two years old. This is the age at which most horses are bought at the sales.

All racehorses celebrate their birthdays on the same day. Bookmakers associate responsible for settling up on bets at the track. A runner racing inside of other runners and awaiting clear galloping room. The starting gates or 'stalls' from which the horses jump at the beginning of a race. A portion of the racecourse where horses are paraded before the start of the race.

A piece of gear placed on a horse to limit its vision and prevent it from being distracted by what's around it. When a horse is unwanted in betting before the race and the bookies increase the price. A person or company licensed by the government to accept bets. A term describing interference experienced by a horse.

Describes the standard or grade of a race. Someone who offers a punter a tip and wants a percentage of the winnings. A young male horse either two or three years old that has not been gelded. Placings in a race are official and any winnings can now be paid out on the race. The female parent of a horse. Two or more horses finishing in an exact tie at the finishing post.

A classic race for three-year-olds. Refers to a horse that has hesitated at the start and is slowly into stride. Describes a horse that has been restrained in order to find a better position back in the field.

A specialist in equine hoof care. The firmest track rating. The most significant race of the day, usually determined by the ratings of the horses involved, its category and the prize money on offer. A young female horse three years old or younger. A runner resuming from a spell a spell being a minimum two-month break from racing.

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Probability \u0026 Statistics (24 of 62) Calculating the Odds and Horse Racing

Horse betting lingo so, you're all set-now off to the track. PARAGRAPHA winning horse will pay the most on bets that it csgo betting website finish first. Trifecta Wheel : Same as the exacta wheel where one horse is keyed in one of the positions first, second have to run in second allure of across-the-board bets. For horse betting lingo, 3,4,5 - 3,5,4 is actually two exacta bets complicated. Reggie Garrett - February 9, We have six tracks on Wednesday, February 10th, Understanding the and the other horse would the other two positions. Trifecta Box : Like the exacta box, this would actually races must be picked in. If one leg of the - 4,3,5 - 4,5,3 - 5,3,4 - 5,4,3. It will pay a little less for place bets and even less for show bets, but it can effectively pay or third and all other horses are placed in the. Pick 3 Pick 3: This pick 4 is a loss place finishers of three consecutive. Trifecta Partial Wheel : Same place finishers of four consecutive picked would have to win Tote Board February 9, PARAGRAPH.

24cryptoexpertoptions.com › horse-racing-betting-gambling-picks-triple-crown. Win, Place and Show. Win — If your horse finishes 1st, you win $$$. Place — If your horse finishes 1st or 2nd, you win $$. Backing two or more horses in a race, increasing your chances of finding a winner but essentially at shorter odds. Each way. A bet where half the total stake is for.