Horse racing betting terms explained variation

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A minimum of two selections must be successful to get a return. This is the first thing to be aware of before putting your money down. However, if the odds were displayed as SP when your bet was struck, your return can vary. Starting price What does SP mean in horse racing? Best odds guaranteed Best Odds Guaranteed BOG applies when the bookmaker agrees to settle your bet at the starting price SP if it is greater than the price you took when placing the bet.

Favourite The shortest priced horse in the race, the market leader, and normally the starting point for most backers. Market mover A market mover is a selection that changes in price significantly in either direction, by increasing in odds drifting or decreasing in odds shortening. It can sometimes be profitable to follow horses that shorten up before the off. Betting calculator A horse racing betting calculator enables you to check your potential winnings.

Ready for the Next Step? Exotic bet — Any bet other than win, place, or show that requires multiple combinations. Examples of exotic wagers are exacta, trifecta, Pick 6, Pick 4. Daily Double or Double — Type of bet calling for the selection of winners of two consecutive races. Exacta — A wager in which the first two finishers in a race, in exact order of finish, must be picked.

Box — A betting term denoting a combination bet whereby all possible numeric combinations are covered for certain horses. Exacta box — A wager in which all possible combinations using a given number of horses are selected. For example, an exacta box using horses 2,4,6 would produce a winning ticket if any two of those three horses finished first and second, regardless of the order , , , etc. Quinella - Bet in which the first two finishers must be picked in either order. Trifecta — A bet in which the first three finishers must be selected in exact order.

Trifecta box — A trifecta wager in which all possible combinations using a given number of horses are bet upon. Pick 6 or other number — A type of multi-race bet in which the winners of all the included races must be selected. Brush Up on Gambling Lingo Bounce — A racehorse's especially poor performance on the heels of an especially good one. Chalk — Betting favorite in a race. Chalk player — Gambler who wagers on favorites. Key horse — A single horse used in multiple combinations in an exotic bet.

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Extended When a horse stretches, it means it is forced to run at top speed. Horses are sometimes removed due to injury or illness. Whatever the reason, it was thought by the trainer that the horse was not ready to race. Betting Terms These are some of the terms and rules you need to be aware of when placing your bets, and they are a unique language when you start your first bet.

The more money a horse puts in, the less likely it is to prove it. Handicap Show jumping is a race in which horses carry different weights to balance the field. Each game and its entrants is a handy tool for bettors. Exact box Precise bets are precise bets where the horses can finish first or second in any order.

Three consecutive A three-match bet is to pick the top three horses to finish the race in exact order. Daily Double Room This provides bettors with a unique opportunity to win big. You just need to pick the winner of two games in a row. Typically, these races will be recorded as part of the daily double race in the track program.

The bet includes 3 doubles and a treble. A minimum of two selections must be successful to get a return. This is the first thing to be aware of before putting your money down. However, if the odds were displayed as SP when your bet was struck, your return can vary. Starting price What does SP mean in horse racing?

Best odds guaranteed Best Odds Guaranteed BOG applies when the bookmaker agrees to settle your bet at the starting price SP if it is greater than the price you took when placing the bet. Favourite The shortest priced horse in the race, the market leader, and normally the starting point for most backers. Market mover A market mover is a selection that changes in price significantly in either direction, by increasing in odds drifting or decreasing in odds shortening.

It can sometimes be profitable to follow horses that shorten up before the off.