Wager On Sports Handicapping

Wager On Sports Glossary of Horse Racing Terms

Wager On Sports Across The Board - (See 'Place') a bet on a horse to win, place or show. Three wagers combined in one. If the horse wins, the player wins all three wagers, if second, two, and if third, one.

Wager On Sports Box - A wagering term denoting a combination bet whereby all possible numeric combinations are covered.

Wager On Sports Chalk - Wagering favorite in a race. Dates from the days when on-track bookmakers would write current odds on a chalkboard.

Wager On Sports Chalk Player - Bettor who wagers on favorites.

Wager On Sports Daily Double - Type of wager calling for the selection of winners of two consecutive races, usually the first and second. See 'Late Double'

Wager On Sports Daily Triple or Pick Three - A wager where the bettor must select the winner of three consecutive races.

Wager On Sports Daily Racing Form - A daily newspaper containing racing information including news, past performance data and handicapping.

Wager On Sports Dead Heat - A tie. Two or more horses finishing equal in a race.

Wager On Sports Even Money Bet (or Evens) - A 1:1 bet. A $10 wager wins $10.

Wager On Sports Exacta - (Also, Perfecta) A wager that picks the first two finishers in a race in the exact order of finish.

Wager On Sports Exacta Box - A wager in which all possible combinations using a given number of horses are covered.

Wager On Sports Exotic (wager) - Any wager other than win, place or show.

Wager On Sports Favorite - The most popular horse in a race, which is quoted at the lowest odds because it is deemed to have the best chance of winning the race.

Wager On Sports Field - 1) All the runners in a race. 2) Some sportsbooks or bookmakers may well group all the outsiders in a competition under the banner headline of 'Field' and put it head to head with the favorite. This is known as favorite vs the field betting and is common in horse and golf betting.

Wager On Sports Fixed Odds - Your dividend is fixed at the odds when you placed your bet.

Wager On Sports Futures - (Also, Ante Post) Bets placed in advance predicting the outcome of a future event.

Wager On Sports Handicapper - The official who decides the weights to be carried in handicap events, and the grading of horses and greyhounds

Wager On Sports In The Money - Finishing first, second or third.

Wager On Sports Jumper - Steeplechase or hurdle horse.

Wager On Sports Key Horse - The main expected winning horse used in multiple combinations in an exotic wager

Wager On Sports Late Double - A second daily double offered during the latter part of the program. See 'Daily Double' above.

Wager On Sports Lock - (As in 'Banker') US term for an almost certain winner. Easy winner.

Wager On Sports Mare - Female horse five-years-old or older.

Wager On Sports Morning Line - Approximate odds quoted before wagering begins.

Wager On Sports Mutual Pool - Short for 'Pari-mutuel Pool'. Sum of the wagers on a race or event, such as the win pool, daily double pool, exacta pool, etc.

Wager On Sports Neck - Unit of measurement about the length of a horse's neck.

Wager On Sports 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.

Wager On Sports Odds - 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.

Wager On Sports 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.)

Wager On Sports Official - Sign displayed when result is confirmed. Also racing official.

Wager On Sports Off-Track Betting (OTB) - Wagering at legalized betting outlets.

Wager On Sports Pari-mutuel(s) - A form of wagering originated in 1865 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'.

Wager On Sports Parlay - (Also, Accumulator) A multiple bet. A kind of 'let-it-ride' bet. Making simultaneous selections on two or more races with the intent of pressing the winnings of the first win on the bet of the following race selected, and so on. All the selections made must win for you to win the parlay.

Wager On Sports Part Wheel - Using a key horse or horses in different, but not all possible, exotic wagering combinations.

Wager On Sports 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.

Wager On Sports Pick Six (or more) - A type of wager in which the winners of all the included races must be selected.

Wager On Sports 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. (See 'Each Way' UK.)

Wager On Sports Post Time - Designated time for a race to start.

Wager On Sports Price - The odds

Wager On Sports Punter - Bettor or investor.

Wager On Sports 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. ('Reverse Forecast' in the UK. See Wagers for Quiniela variants.)

Wager On Sports Racecard - A program for the day's racing.

Wager On Sports 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.

Wager On Sports Show - Third position at the finish.

Wager On Sports Show Bet - Wager on a horse to finish in the money; third or better.

Wager On Sports Sportsbook - The person, shop or website who accepts bets.

Wager On Sports Sprint - Short race, less than one mile.

Wager On Sports Superfecta - A bet placed on four horses to cross the finish line in exact chosen order.

Wager On Sports Thoroughbred - A Thoroughbred is a horse whose parentage traces back to any of the three 'Founding Sires' the Darley Arabian, Byerly Turk and Godolphin Barb, and who has satisfied the rules and requirements of The Jockey Club and is registered in 'The American Stud Book' or in a foreign stud book recognized by The Jockey Club and the International Stud Book Committee. Any other horse, no matter what its parentage, is not considered a Thoroughbred for racing and/or breeding purposes.

Wager On Sports 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.

Wager On Sports 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'.

Wager On Sports 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.S. ('Tricast' in the UK.)

Wager On Sports Trifecta Box - A trifecta wager in which all possible combinations using a given number of horses are bet upon. The total number of combinations can be calculated according to the formula (x3)-(3x2)+(2x), where x equals the amount of horses in the box. The sum of the formula is then multiplied by the amount wagered on each combination.

Wager On Sports Triple - (Also 'Treble') See 'Trifecta' above.

Wager On Sports Trotting - A term for harness racing in general. It also describes the specific gait of a trotter.

Wager On Sports Underlay - A horse racing at shorter odds than seems warranted by its past performances.

Wager On Sports Wager - Another term for bet.

Wager On Sports Wheel - Betting all possible combinations in an exotic wager using at least one horse as the key. See 'Part Wheel'

Wager On Sports Win Bet - Wager on a horse to finish first.

Wager On Sports Yielding - Condition of a turf course with a great deal of moisture. Horses sink into it noticeably.