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Published: 23.11.2023

Betting terminology horse racing

Win — If your horse finishes 1st, you win $$$. Place — If your horse finishes 1st or 2nd, you win $$. Show — If your horse finishes 1st, 2nd or 3rd, you win $. Across the board — Three equal Win, Place and Show bets. Exacta — Pick two horses in one race.
Photo: betting terminology horse racing

In betting terms "in the money" means to finish in the top three. Jockey agent: An betting terminology horse racing that obtains rides for a jockey. Juvenile: A two year old horse. Betting Terms · Odds · Straight Bets · Boxed Bet · Wheel / Part Wheel · In the Money · On the Nose · Bridge Jumper · Bottom Line. 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-Mutuel Agency (CPMA) · D. TVG provides a complete glossary of horse racing and horse betting terminology to help you win the most from your wagers.

Glossary of betting terms

What do you call horse race betting? In 1908 pari-mutuel (tote) betting was introduced, helping the industry to prosper and that has continued to be the case to the present day. Pari-mutuel betting is currently legal in 32 US states. Due to new legislation horse race betting in the US could change significantly in the near future.

Top Tote Plus (TT+) – Choosing Top Tote Plus Odds means you will always get the best return out of all three TAB's or the starting price (whichever is higher) on selected Australian Races.

What does TT+ mean in horse racing? Top Tote Plus

What is a 6 horse bet called? The Heinz bet

What is the 5 bet each-way? Each part of the bet must be an equal stake, e.g. a £5 each way bet will have £5 on the 'Win' and £5 on the 'Place' making a total of £10.

Jargon Buster

Trifecta — Pick three horses. If they finish 1st, 2nd and 3rd, in exact order, you win. Superfecta — Pick four horses. If they finish 1st, 2nd, 3rd and 4th, in exact order, you win. Daily Double — Two specific races make up the Daily Double. Pick one horse in each race.

If they finish 1st in both races, you win. You have to make your bet before the first race. Pick 6 — The biggest bet you can make. Pick the winning horse in six consecutive races. If you win, you win big. After placing your bet, watch your horse run. This is a system designed to rate the performance of a racehorse.

Created in the early s by horse racing columnist Andrew Beyer, it incorporates several factors of the race to assign a number to the win. A horse that comes up from the back of the pack to the front at the end of the race refers to a closer. Usually a photo finish can distinguish the winner. This is the number assigned to the horse at the starting gate.

The horse will load into its designated slot in the field, and the post position number is printed on its saddlecloth to identify it. Betting terminology horse racing These are the returns you can expect to get if your horse is successful in the race. The more money a horse has placed on it, the shorter its odds are. Wheel betting is a technique that allows you to spread your bets across the field.

Examples of wheel betting are exacta, trifecta, superfecta, and pick 3. Each race and its entrants are handy tools for bettors. These are a popular option where you wager on multiple horses. An exacta bet is when you select the first two finishers in a race and put them in the exact order of finish. An exacta box refers to placing an exacta bet where the horses can finish first or second in any order.

Just like the trifecta and exacta, this one is where you predict the first four horses in finishing order. The quinella bet is choosing two horses to finish in the top two. You win the bet as long as those two horses are the first two finishers. This provides bettors with a unique opportunity to win big.

You just have to pick the winners of two races in a row. Photo: betting terminology horse racing Typically, these races are noted as part of the Daily Double races in the racetrack program. After the jockeys are mounted and on the track, horses go through a brief period of warming up. Once all the horses are loaded, the gates spring open and a bell rings to signal that the race has begun. This is referred to as the start.

Horse racing for beginners can be very confusing as a lot of people have developed their language for specific things over the centuries. Because of this, specific terms have been invented. Their definitions are handy for beginners to learn. It helps to write it down as you have to verbally tell the teller at the window your bet. Yes, many states allow betting on horse racing online.

There are several apps you can download for horse betting as well. Happy racing, and happy betting. Though I love all horses, Arabians are my all-time favorite breed. I also enjoy going to horse racing and following the latest industry news. Written by Marie A. Master racetrack terminology When people think about horse racing , many focus on the horses and the large purse money.

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