Horse betting terminology
Popular handicapping ranking popularized by author Andrew Beyer, assigns a numerical value to each runner based on final time and track conditions. Term. Bit. SP: This stands for Starting Price and is the official odds a horse started the race with. You can ask to place an SP bet with a bookmaker (but not the Tote). Jolly - Betting term for the horse with the shortest odds (the favourite). Lady Godiva – Betting slang for £5. Monkey – Betting slang for £ Nap horse betting terminology The. Glossary of Betting Terms · A. Across the Board. A bet on a horse to win, place and show. · B Baby Race. A race exclusively for two-year-olds. · C Canadian Pari.
Horse Racing Betting Glossary
What is a pony bet slang? Pony – Betting slang for £25. SP/Starting Price - Official price of a horse at which bets are settled by bookmakers. Ton – Betting slang for £100.
How do you read horse racing stats? The numbers read from right to left and denote the horse's finishing positions in its previous races with the furthest right result being the most recent. So a form guide that reads 4893241 means a horse finished first in its last race, fourth in the one before, second in the one before that and so on.
Why is 20 pounds called a pony? In the world of banking and investments, a "pony" is a slang term used to describe £25 (or sometimes $25) in currency. It originates from the Latin words 'legem pone', which means, 'payment of money'. Although more commonly used in cockney rhyming slang.
Is a monkey 500 pounds? In finance, a Monkey is British slang for 500 pounds sterling. The term monkey came from soldiers returning from India, where the 500 rupee note had a picture of a monkey on it. They used the term monkey for 500 rupees and on returning to England the saying was converted for sterling to mean £500.
Horse Racing Terminology
Lay — bet that an outcome will not occur. For example you could lay a bet against Hay List to win a race. Your lay bet wins if anyone except Hay List wins, and loses if Hay List does win. Unlike back bets, you double your money minus commissions if you are correct, and have to pay out at the agreed odds if you are wrong. For this reason with a lay bet you are essentially playing the role of the bookmaker.
Bet categories Single bet straight up bet — a bet on a single outcome within a particular event or tournament. Multi bet multiple , accumulator , parlay , all-up — a bet that includes simultaneous selections on two or more outcomes for two or more events. If a least one of the outcomes does not occur then the bet automatically loses.
The multi bet odds equal the product of the individual selection odds. Multi betting is discussed in detail later in the guide. The odds are fixed once the wager has been placed. Tote betting parimutuel betting — a form of wagering in which all bets of a particular type are placed together in a pool.
In Australia it is known as the Tote after the totalisator which calculates and displays bets already placed. With the Tote the bookmaker displays the approximate odds that they believe you will receive. This approximation is based on the quantities of bets received to that point.
Starting Price SP — the odds at the on-course fixed-odds betting market at the time that a race begins. Top Tote Best Tote — a market that pays out using the highest odds from a range of Totes e. Mid Tote Midi Div — a market that pays out using the middle odds from a range of Totes e. Race types Flat racing — straightforward racing around a track Steeplechasing — races that involve jumping over fence and ditch obstacles Harness racing — races where horses trot or pace while pulling a driver in a cart known as a sulky Equine terms Note that in Australian Thoroughbred racing, colts and fillies are defined as less than four years old, while in the British Isles, Thoroughbred horse racing defines colts and fillies as less than five years old.
Colt — a male horse under the age of four Filly — a female horse under the age of four Foal — a horse of either sex less than one year old Gelding — a castrated male horse of any age Mare — a female horse that is four years old or more Pedigreed — a horse that has a known, recorded ancestry.
This ancestry is often is tracked by a major registry. Horse betting terminology Purebred purebreed — a horse that has been cultivated through the use of selected breeding Stallion — a non-castrated male horse four years old and older Thoroughbred — a breed of horse best known for its use in horse racing.
Although the word thoroughbred is sometimes used to refer to any breed of purebred horse, it technically refers only to the Thoroughbred breed. Yearling — a horse of either sex that is between one and two years old Race wager types Win — a bet the the runner will place first Place — a bet that the runner will place first, second or third.
This bet is only offered if there are five or more runners. Each-way — a combination of Win and Place. Baby Race: A race for two year old horses, especially early in the season. Breeze: A term generally used to describe a workout in which a horse is easily running under a hold without encouragement from the rider.
Bridge jumper: A bettor that places large bets in the Place or Show pools on odds-on favorites. Broodmare dam: A mare that produces female progeny that are used for breeding. Broodmare sire: A male horse that produces female progeny that are used for breeding. Bull Ring: A small track where the oval is generally less than one mile and, thus, has very tight turns.
Buy the race: Using every single horse running in a specific race in an exotic wager. For example, if a player buys a Daily Double ticket for the 1 st and 2 nd race that is 8 with ALL, the bettor will have "bought" the second race. Carryover: Usually refers to money in the parimutuel pool for a Pick Six wager that is left over after a sequence fails to have a single player select all of the winners.
For example, if there are no winning tickets for a Pick Six on a Friday at a track, the money left in the pool minus the track take is a considered a carryover and will be added to the pool for Saturday's Pick Six. 
Successive carryovers can lead to very large Pick Six pools. Claiming Race: A race where each horse in the field has a price and can be purchased by any person that makes a valid claim prior to the running of the race.
Conditions: The circumstances under which a race will be run, such as: surface, distance, purse, and eligibilities. Consolation: A payout, typically in a Pick Six, where players without a full winning ticket still receive money. For example, a player that hits 5-of-6 races in the Pick 6 will typically collect a small consolation payout.
Consolations are generally much smaller than the full payout. Daily Double: A wager in which the player attempts to pick the winner of two sequential races with a single ticket. Dark: A day in which a track is not featuring live racing. Dog: A cone or other obstruction placed a specified distance from the rail of the turf course to keep horses from damaging that portion of the grass.
Exacta: A bet in which the player attempts to pick the 1 st and 2 nd place horse on one ticket. Fractions: Clocking at quarter-mile increments in either a race or a workout. Going: The condition of the racing surface. Dirt courses are generally rated Fast, Good, Muddy, or Sloppy.
This is the highest form of racing. Half sister: A female horse out of the same dam as the other horse but with a different sire. Horses with the same sire but different dams are not considered half sisters or brothers. Handily: A fairly strenuous workout where the jockey urges the horse on but does not use the whip.
Hand ride: A jockey that is urging a horse on by "scrubbing" his hand up and down its neck. A horse under only a hand ride was not whipped by the jockey. Heavy Track: A grass racing surface that has received an extremely large amount of water and is an almost bog-like condition. Horse: Technically, a male horse five years old or greater is a "horse". A male horse under five years of age is technically a "colt".
Inquiry: An official investigation by the stewards of the running of the race to determine whether a foul was committed by a horse or jockey. In the money: To finish in the top four; this generally entitles the owner to a share of the purse. In betting terms "in the money" means to finish in the top three. Look of Eagles: A horse that has a confident look.
John Henry had the Look of Eagles. Lug In: A horse that bears drifts towards the rail in during the stretch run; usually the sign of a tired horse. Maiden: A horse that has never won a race; or a race for horses that have never won a race. Minus Pool: When enough money is bet on one horse that the pool is insufficient, after the track take, to pay the holders of the winning ticket the legal minimum odds.
In this situation, the track is required to make up the difference to ensure that the bettors are paid the full amount. Morning line odds: The odds set by the track prior to the opening of the pools. Odds: The chances of a horse to win a particular race based on the pari-mutuel wagering of the general public.
Off the pace: A horse that is lagging back in the early stages of the race. Optional Claimer: A race where the horses in the field may or may not be entered for a claiming price. Overlay: A horse whose odds are higher than its actual chance of winning, as determined by the player. Who will win dpoy nfl Overlays are good, underlays are bad. Parimutuels : French system of wagering where winning bettors get all the money wagered by the losers, after a deduction of a percentage by the track Take Out.
Pick 3 or 4, 5, 6, etc. Rate: To restrain a horse early on in the race in order to conserve energy for the later stages. Shadow roll: A roll of cloth placed across a horse's nose in order to block its vision of the ground and prevent it from jumping shadows. Shake up: Urging by the jockey, either with his hands or the whip, to make the horse run faster.
Stewards: Three person panel that determines whether or not any rules violations occurred during the race. Superfecta : A wager in which the player attempts to select the order of the first four finishers in a race. Due to the difficulty of this wager, a winning superfecta wager generally pays out at high odds. Trip: The course followed by a horse and rider during the running of a race and describes the "trouble" encountered.