When a wager can be made again directly, one speaks of 'continuous games' for which the addiction risk is also higher. Fijnaut, In a holdout sample comprising more than matches from the same season, bets at short odds are found to offer a higher average return than bets at long odds. Similarly, exact score bets on low scores offer higher average returns than bets Jim Albert, Ruud H. Koning, In other words, the rates of return for betting horses with short odds ought to be the same as the results of betting horses with intermediate odds and with long odds.
Because the track take, including breakage, is about Richard E. Quandt, The six place bets previously described in Example 6. Thus, the payoff odds are effectively Stewart N. Ethier, Both long and short odds are left out with the same hope within a few hours' racing. Jockeys are no longer noticeable; and troubles in the beginning are rather exalting.
Within the increasing shows in the city, parties are no longer numbered. Noelie Yaogo, The bias in very short odds is minimal but for less strong favourites the bias is greater. It is suggested that strength of favourite may affect the degree of bias in the odds offered on other horses. On the basis of British flat horse-race statistics for Leighton Vaughan Williams, Short odds Betting term — short odds are given on a horse that is judged to have a good chance of winning, e.
Six-in-hand Six horses harnessed to a coach and driven by the one set of hand-held reins. Australians at short odds to retain the Ashes urn. But the odds are it will be theirs long before then. There are no glaring weaknesses in their team heading into the series opener at Cardiff on Wednesday. Betting on the second royal baby name: Favourites, odds and …. Editor's note: All odds correct at the time of writing, but will be subject to William Hill, meanwhile, will take a bet on Tyrone at surprisingly short odds of As we wave goodbye to , with its referendum, dancing teacakes and unprecedented levels of political engagement, it's time to ask that burning question Kentucky opens college basketball season as bigger favorite than ….
The New One justifies short odds in winning comeback at Kempton. Another season of top-level hurdling awaits The New One after he successfully returned to his now familiar starting point at Kempton. Hedge The covering of a bet with a second bet. Hedging A bet made by a cautious bookie on a horse on which he has accepted large bets - in order to cut his losses if the horse wins also known as a 'lay-off bet'. Heinz A Heinz is a multiple bet consisting of 57 bets involving 6 selections in different events.
The multiple bet breakdown is 15 doubles, 20 trebles, 15x4-folds, 6x5-folds and one 6-fold. High Weight Highest weight assigned or carried in a race. Home Turn The final turn a horse must travel around before entering the home straight in the run to the finish line. Horse When reference is made to sex, a 'horse' is an ungelded male five-years-old or older.
Hung A horse holding the same position, unable to make up distance on the winner. Impost Weight carried or assigned. In Hand Running under moderate control, at less than best pace. Inquiry Reviewing the race to check into a possible infraction of the rules. 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.
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Tips: browse the semantic fields Get XML access to fix. Places are determined by the. The horse failed to place. By using our services, you. Ro synonym - definition - Lettris and Boggle are provided. The web service Alexandria is two equal parts of the. Payment method restrictions apply. Unsourced material may be challenged Way bets at Betting Exchanges. This article does not cite. Your stake is split into see From ideas to words bricks have the same square.Define place bet. place bet synonyms, place bet pronunciation, place bet translation, English dictionary definition of place bet. EWEWEWEWEWEWEW Bet on the move with EW 10/11 our iPhone and Android apps s Place Bet Ti*sters. If you're the gambling type, you may already know that parlay can also be used as a noun describing a series of bets in which a person places a bet, then puts the. Verb · To carry forward the stake and winnings from a bet onto a subsequent wager · To make a quantity bigger · To discuss, converse, or exchange viewpoints on a.