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Each Way : Usually in racing, but can be motor sport or awards, this bet is simply taking your selection for both a win or to come second or third — run a place. Emu : The lowest of the low. This person trawls through all those dumped betting tickets and gets them scanned to see if someone may have missed a winner.
It is said that they look like an emu feeding when they are bending over to pick up the tickets. Exotic bet : These are bets on particular instances in the event, that do not involve the final result. Things like first goal scorer, last goal scorer, player props and other instances in the match. Favourite : Another easy one. This is the selection with the lowest price in the field or match, indicating the bookmaker or punters believe it has the best chance of winning the event. Field bet : This is taking every runner in the race and will usually be used in an exotic, like a trifecta or exacta.
First four : Select the first four runners to cross the finish line in a horse race. Fixed odds : The bookmaker sets the odds and the bettor places the bet, knowing exactly what return they will receive. Flexi bet : This allows you to choose the stake on your horse racing exotics. So you can bet at a percentage and you get the percentage relevant to your outlet on bets like quaddies, trifectas and the like.
Flip of a coin : This has a dual meaning as well. Form : Can be any past results and performances on any event. Futures bet : Same as ante post. Futures bets can sometimes be posted years out from n event — like the World Cup, which is every four years. Get out of jail stakes : The last race — this is especially said by a punter who has lost money throughout the day — he or she wants to get out of jail by having a win on the last race.
You can win big, but you need a huge stake to fund it. Good luck. Good oil : This is sort of similar to mail in that it is justification as to why a horse would be a good chance of winning a race. Head to head : When there are only two competitors involved in the bet, leaving two possible results. Hedging : This usually happens with a multi bet. You might get three legs home or a four leg multi before the last leg starts.
You might have a little on the opposite result to what is in your multi, just in case the last leg fails. Jackpot : Jackpots usually come on the big race meets and is money that is placed into the pool by the bookmaker, rather than the punter. It happens on exotics, like Quaddies and Super 6s, etc. Jumped out of trees : This is bookie vernacular for when the punters crunch a horse in.
Juice : Also known as vig or vigorish, this is what the bookie charges for what it does. Takes the top off some of the margins and odds. Late mail : these are generally late tips that come through right before a race meet and take into account things like scratchings and late money or whispers on race day.
For example, Roger Federer will not win the Australian Open. Can also refer to when a bookmaker increases the odds on a favourite horse to attract more bets, in the belief that is will lose. Lay down misere : Same thing as a dead cert. Lengthened : Same thing as drifted. Limit : Also known as max bet and this is the highest amount a bookmaker will accept on a particular bet.
Maximums vary between sports and between bookmakers. Line bet : Back to an easier one. This is when one side is given a handicap and the other an advantage. Happens on most sports. Essendon might be given a Live bet : This is simply a bet placed during a match — i.
Long odds : Refers to outsiders. The odds will typically be in high double figures or even triple figures. Long shot : This is used for the outsiders in an event and they are given little chance of winning. Of course, they can surprise, every now and then. Mail : This is the tips or information on certain selections that usually comes from the experts. Market : Explains the list that shows the odds on all relevant selections in a particular event.
Moral : Another slang term for dead certainty. Pretty much guaranteed to win. MVP : Short for Most Valuable Player, which you can often bet on in the major sporting leagues or big sporting matches. Nose : Colloquially known as a length in a horse race, bout typically indicates a horse winning by a short distance. The headline rugby league competition in Australia. Odds : How much the selection is paying. Oddsmaker : The person the bookies rely on to set the odds for different sporting and racing events.
Odds on : Indicates your selection is in the red. On the nose : Betting for your selection to win, with no place bet to back it up. Outlay : how much money a punter has shelled out on bets, usually for the day, but can be referred to single bets as well. Outsider : A selection that is considered to be less likely to win. The non favourite in a two team match is considered the outsider, while those horses with longer odds are considered outsiders.
Overs : When a result that has a strong possibility of getting up seems to have greater odds than punters would expect. Over — under: How many points will there be in the match? Can be goals, etc. In a soccer match, it might be over or under 2. You have to decide whether the total match score will gal short or exceed the figure provided by the bookmaker.
This can also happen with a teams season wins and sometimes in games how many goals or points a particular player will score. Player props bet : Which player will score more points? Player A or player B? Props bets are how an individual will perform in the match. Pick 3 : You need three winners from three races in a row. Pick 6 : Similar to the pick three, these bets are often available on the big races and have huge jackpots. But you need to get six winners in a row.
Not easy. Plunge : When there is a huge amount of money for a particular result. Plunges can drastically alter the odds, because the money comes thick and fast. Means to take every cent you have and back it, because it is going to win. Quaddie : This is four selected races in a row and you need to get the winner. Can be a very juicy pay out if long shots get up, but you need plenty to stake to ensure you have a strong number of selections.
Running double : Similar to the daily double, but this is picking the winner of any two consecutive races throughout a meet. Scratch : When your selection is removed from a race before it starts — this is bad news. Settled : Means the event is complete, the result is known and the bookmaker has paid out on all winning bets. Stone motherless last : It means the selection finished last in a particular race, usually by a long way.
System : A particular way in which people bet to increase their chances of winning — nb no systems are perfect, but there are some that have been proven to increase the likelihood of a win. Shorten : When the odds get cut and become less, because there is money coming for a particular selection. Smoky : Similar to the roughie, except this selection tends to be well backed, without any rhyme or reason.
SP : Short for starting price and this is simply the odds that a particular selection is afforded when betting opens on an event. Scorecast : A bet that involves the winner of a match, by how much and who will be the first scorer. Usually on soccer, Auss To learn more, see the section on spread betting. This contrasts with standard bets that either result in a loss of your wager or a payout based on the wager odds.
The advantage of this type of betting is you can form a relationship with your preferred bookie s and, if persuasive, possibly try and squeeze more competitive odds out of them. They're more likely to show generosity to you on a bad day than a good so it does help to know when to pick your battles. Online Betting Online betting is the new wave of punting in Australia, making betting easier and more accessible than it has ever been before.
You can bet online with tote operators and corporate bookies, with the latter offering more competitive pricing, more diverse betting products and bigger better promotions, sign-up bonuses and FREE bets. Most operators will offer apps for Android and iOS in addition to their web services. See our betting page for betting promotions, FREE bets and reviews of the main corporate bookmakers.
Bet types Just as there is no shortage of races to bet on in Australia, nor is there a shortage of bet types to work with. The following is a list of the main bet types offered by the tote operators throughout Australia: Win: Your horse must finish first across the line.
Place: Your horse must finish in first, second or third place. In events with five to seven runners, no dividends are payable on third place signified by "NTD" or No Third Dividend ; in events with four or fewer runners, only Win betting is allowed.
Each-Way: A combination of Win and Place bets, meaning your horse must either win or place. Exacta: Pick the horses that finish first and second, in order. Quinella: Pick the horses that finish first and second, in any order. Trifecta: Pick the horses that finish first, second and third. First4: Pick the horses that finish first, second and third. Duet: Pick two horses who will place first, second or third but can finish in any order.
Running Double: Pick the winners of two consecutive races at the same track. Daily Double: Pick the winners of two nominated races at the same track. Treble: Pick the winners of three nominated races at the same track. Quadrella or Quaddie: Pick the winners of four nominated races at the same track. Big 6: Pick the winners of six nominated races, typically held at the one track, but can also be split over two or more tracks.
Wagering turnover in Australia The sport of horse racing would not be nearly as successful as it is if not for the Australian public's significant interest - and investment - in betting. The wagering market is extraordinarily competitive in Australia. The recent surge in online betting has led to increased competitiveness among betting agencies. Punters benefit from this in the form of the many betting products bonuses and FREE bets offered by wagering operators keen on capturing new punters and improving acquisition rates.
The variety of their products and the competitiveness of the prices make them quite appealing to punters, not to mention the fact that most of them offer apps for mobile and tablet devices, further facilitating punters' easy access to their service. On-course bookmakers On-course bookies are some of the more colourful characters in the horse racing narrative.
They can mostly be found plying their trade in the betting ring, a designated area where bookies set up their boards and commence spruiking. The relationship between punter and bookie is never more personal and face-to-face as it is on-course. Punters can either target whichever bookmaker is offering the best price on their preferred runner, or they can target one particularly bookie in an old-fashioned tit-for-tat stoush. The advantage of this type of betting is you can form a relationship with your preferred bookie s and, if persuasive, possibly try and squeeze more competitive odds out of them.
They're more likely to show generosity to you on a bad day than a good so it does help to know when to pick your battles. Online Betting Online betting is the new wave of punting in Australia, making betting easier and more accessible than it has ever been before.
You can bet online with tote operators and corporate bookies, with the latter offering more competitive pricing, more diverse betting products and bigger better promotions, sign-up bonuses and FREE bets. Most operators will offer apps for Android and iOS in addition to their web services. See our betting page for betting promotions, FREE bets and reviews of the main corporate bookmakers. Bet types Just as there is no shortage of races to bet on in Australia, nor is there a shortage of bet types to work with.
The following is a list of the main bet types offered by the tote operators throughout Australia: Win: Your horse must finish first across the line. Place: Your horse must finish in first, second or third place. In events with five to seven runners, no dividends are payable on third place signified by "NTD" or No Third Dividend ; in events with four or fewer runners, only Win betting is allowed.
Each-Way: A combination of Win and Place bets, meaning your horse must either win or place. Exacta: Pick the horses that finish first and second, in order. Quinella: Pick the horses that finish first and second, in any order. Trifecta: Pick the horses that finish first, second and third. First4: Pick the horses that finish first, second and third. Duet: Pick two horses who will place first, second or third but can finish in any order. Running Double: Pick the winners of two consecutive races at the same track.
Daily Double: Pick the winners of two nominated races at the same track. Treble: Pick the winners of three nominated races at the same track. Quadrella or Quaddie: Pick the winners of four nominated races at the same track. Bolter: A winning horse at very long odds. Boxed in : To be trapped between other horses. Bookmaker Bookie : A person registered and licensed to accept bets from the public.
Card: Racing fixture or meeting. Checked: A horse who was momentarily impeded during running. Colours: The jacket and cap worn by jockeys, also known as racing silks. Colt: An ungelded entire male horse three-years-old or younger.
Correct Weight: Weighed in correct allocated weight before dividends are declared paid. Dead Heat: A tie. Two or more horses finishing equal in a race. Dead Track: Racing surface which is rain affected and not firm. Deductions: When a horse is scratched from a race after betting on that race has already started, deductions are taken out of the win and place bets at a rate in proportion to the odds of the scratched horse.
Derby: A stakes race for three-year-olds. Draw: A horse's starting position in the barrier starting stalls. Entire: An ungelded male horse. Even Money Bet or Evens : A bet. False Favorite: A horse that is a race favorite despite its lack of credential to win the race. Fast track : Condition of a very dry track where fast times are recorded. Favorite: The horse that is considered to have the best chance of winning the race. Field: All the runners in a race.
Filly: Female horse three-years-old or younger. First Up: The first run a horse has in a new racing campaign or preparation. Flat race: Raced on flat track surface rather than over obstacles such as Hurdles. Form: A statistical study of a horse's previous career race performance.
Front-runner: A horse with early gate speed who likes to lead in races. Gate: Another term for barrier, or position a horse will start from. Gelding: A male horse that has been castrated. Going: The condition of the racing surface fast, good, dead, slow or heavy.
Good track : Condition of racing surface. A firm, dry surface. Hand: Four inches. A horse's height is measured in hands and inches from the top of the shoulder withers to the ground. Thoroughbreds typically range from 15 to 17 hands. Handicap: A race for which the track handicapper assigns the weights to be carried.
Each horse is allocated a different weight to carry, the theory being all horses then run on a fair and equal basis. Handicapper: Club official who allocates the weights to be carried in handicap events. Hand and Heels: The jockey urges a horse with hands and legs without using the whip. Head: A winning losing margin between horses in photo finishes.
Heavy track : Track conditions that are heavily rain affected. Horse: A "Horse" is referred to an ungelded entire male four-years-old or older. Impost: The allocated weight carried by a horse. In The Money: Finishing in the placings, first, second or third.
Judge: The club official who declares the official placing's for each race. Jumper: Steeplechase or hurdle horse. Juvenile: Two-year-old horse. Length: A measurement approximating the length of a horse approx. Long Shot: A Horse that is not expected to win and starts at long odds. Lug In Out : Action of a tiring horse, bearing in or out, failing to keep a straight course. Maiden: A horse that has not won a race. Maiden Race: A race for horses who have not won a race.
Mare: Female horse four-years-old or older. Market: A list of horses in a race and their respective odds or prices. Morning Line: Approximate odds quoted before betting begins officially for the day. Mudlark: A horse that races well on rain affected tracks especially in heavy conditions. Mug Punter: A punter that regularly loses his money when betting. Neck: Unit of measurement approximately the length of a horse's neck.
Nominations: The list of horses entered by owners and trainers for a race. Nose: Smallest margin a horse can win by. Oaks: A stakes event for three-year-old fillies, or females. Odds: Prices offered by a bookmaker or totalisator. Odds Against: Odds of even money or longer.
Odds-On: Odds shorter than even money. On The Nose: Betting a horse to win only. Outlay: The money a punter bets is called his or her outlay. Out Of The Money: A horse that finishes worse than third and misses a place. Outsider: A horse that is not expected to win.
Overlay: The odds on offer are better than form says they should be. Pacifier: A hooded device with meshed goggles worn by the horses to protect their eyes. Penalty: A weight added to the handicap weight of a horse. Photo Finish: A close finish where a photo is used to determine the placegetters. Place: Finish in the top three in a race or event in fields of eight or more horses.
If there are only six or seven runners the horse must finish first or second to place. Price: Odds on offer for horses in a race. 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 a bet or wager on a horse. Punter: Considered to be a Bettor or Investor.
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As long as your horse lands any of the top 3 places, you get the place dividend. Your odds of winning are better but the amount you can collect gets lowered too. This bet type covers both the perks of Win and Place. Collect the Win dividend if your horse places first or collect the Place dividend if your horse lands on either second or third. What are the Exotic Bet Types? If you are eager to take more risks, then back more than one horse. You can bet on two, three, four or more.
The only limit to any combination is your imagination. In a Quinella Bet, you must choose the first two winning horses to finish first and second in any order. A Quinella bet type can either be Standard or Box Quinella.
In a Box Quinella, you can choose as many horses as you want for a possible first and second place. For example you can nominate three horses to win in the first place or 4 horses to win in the second place. Hopefully you get two horses placed right to win. The cost of this bet depends on the number of your selection. Both an Exacta and Quinella allow you to choose two horses to finish first and second.
The difference is with an Exacta, you must correctly the select the first two horses in exact order. This is opposed to Quinella where you win if your horses place either first or second. To win a Trifecta bet type, you must correctly select the first three winning horses from the same race. A boxed trifecta promises big returns if your selection of three horses finishes in the first three places.
But a straight trifecta gives you an even bigger return if you can correct their exact order of winning. A first four bet is when you pick the first four horses to finish the race. Straight First Four. Choose the first four horses in the exact same order they finish. Box First Four.
You can choose more than four horses, but at least four of them should finish in the first four places, in any order. Standout First Four. You should get the first placer right. Then the second, third and fourth can come in any order. For you to win this bet, both circumstances should happen. Multiple First Four. You should get the first placer right and get the succeeding places in any order. However, with your first placer horse, you can nominate many horses to win.
Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Or a betting jargon can stop you from having a fun punt. Stone Motherless Last. Welcome to the world of horse racing and sports betting terms. At one point, everyone has a question to ask. But when in doubt, Glossary it. Horse Racing Terms — Added Weight Added weight is when a horse carries more weight than it can handle. Almandin was the favorite in the Melbourne Cup — Track Conditions The track rating given to a racing surface.
Horse Terms A horse is a horse but names vary to specify their age and gender. Female horse below the age of four Stallion. Adult or four year old female horse or more Foal. Parent male horse that has produced foals Gelding. It is based on the chances of a horse to win a race based on parim — On The Nod A bet where a bookmaker has agreed to take a bet on credit — On The Nose A bet placed on the win only. The Win and Place bets are the most popular and simplest bet types in sports betting.
In a Win Bet, choose the one best horse who finishes first. How does an Each Way bet work? An exotic bet allows you to bet on several horses in the same race. What is a Quinella? What is the Difference between a Quinella and an Exacta Box? What is a Trifecta? Winkers: Sheepskin which attaches to the cheek straps of the bridle to keep the horses attention forward.
Write Your Own Ticket: The horse is so unlikely to win a bookie would give you any odds you asked for. These are only some of the words, terms and phrases you will hear in connection with Thoroughbred racing. There is an entire, second glossary with words we frequently use to describe almost every horse on which we Mugs have lost a Monkey betting on a horse that was Stone Motherless horse than finished last , but that second glossary is not fit for publication and might result in the Stewards racing officials handing us a Suspension ban.
Got it. Racing Articles. Advertiser Disclosure. Here is a sentence you might hear when you visit the track. Australian glossary of used horse racing terms. Acceptor: A horse whose connections have paid the acceptance fee for a race Added Weight: A horse carrying more weight than is required, eg, jockey exceeds the weight.
Age Of Horse: Birthday of horse always on 1st August each year. All In: A bet taken usually at fixed odds early in betting. Also Ran: A horse who finishes out of the money. Apprentice Claim: Weight concession to an apprentice rider. Apprentice Rider: Normally under contract to a stable, learning to ride. Backed Off The Map: A runner heavily backed in betting. Bagman: Bookmakers personel responsible for settling up on bets at racecourses. Barriers: The starting gates.
Bleeder: When a horse bleeds from the lungs during or after running. Broken Down: When a horse suffered an injury; lameness. Checked: A horse which receives some type of interference. Class: The grade of the race. Colt: A male horse 3 years and under and has not been gelded.
Correct Weight: Placings in a race are official. Daily Double: Select the winner in two races. Dam: Female parent of a foal. Dead Heat: Two or more horses finishing in an exact tie at the finish line. Dead Track: Racing surface lacking resiliency, just on the softer side of Good. Derby: A stakes race for 3YO's. Distanced: Well beaten, finishing a great distance behind the winner.
Dwelt: Tardy in breaking from the gate. Each way: Have equal amount of money on the horse for a win and for a place. Eased: The horse is backed off usually to find position in the race. Eligible: Qualified to start in a race, according to conditions.
Exacta: Select the first two horses in a race in the finishing order. Extended: Running at top speed. False Favourite: A horse that is favourite for the race but you consider another selection should be favourite Farrier: A specialist in equine hoof care a blacksmith. Fast: The firmest track rating. Field: The horses in the race.
Filly: In most cases a filly is a female horse 3 YO's or under. Flat Race: Contested on level ground, not a hurdle race or steeplechase. Front Runner: A horse who usually leads the field for as far as he can. Furlong: Approx metres. Gallop: A fast canter. Gelding: Castrated male horse of any age. Good Track: Condition between fast and slow. Grew Another Leg: The runner suddenly improved during the race.
There are four types of Black Type races: Group 1 the highest , Group 2, Group 3 and Listed Group 4 Handicap Race: for which a handicapper assigns weights to be carried. Head: Margin between runners. Heavy Track: Next level up from slow. A rain affected track. Hoop: Another name for a Jockey. Impost: The weight to be carried by the horse for a race. In Foal: Pregnant mare. In The Money - The horse finished a race winning some prize money. In The Red: Odds in the bookmakers ring are very short, less than evens.
Knuckled: The horse almost fell on its knees or stumbled. Lame: Pain in limbs causing deviation in normal running. Length: A horses length from nose to tail. Long Shot: A runner being at long odds and is unlikely to win. Maiden: A horse who has not won a race. Maiden Race: A race for non winners.
Mare: Adult female horse 4YO's or older. Middle Distance: Approx metre races. Monkey: Five Hundred Dollars. Usually a casino chip. Moral: An absolute certainty to win the race. Mudlark: A horse that excels on wet tracks. Near side : Left side of a horse. Neck: Margin between horses, about the length of a horses neck. Nose: The smallest measuring margin between runners.
Odds On: Odds of less than even money. Off Side: Right side of horse. On The Nod: A person betting with a bookmaker on credit. On The Nose: To back a horse for the win only. Pig-Root: The horse bucks and tries to throw the jockey. Plunge: In the bookmakers ring, a sudden rush of money for a particular horse. Pulled Up: To stop or slow a horse during the race. Punter: Person placing a wager. Quadrella: Select the winner of 4 pre nominated races on the card.
Quinella: Select the first two horses in a race in any order. Rails: The prime position in the bookmakers ring. Ridden Out: A runner that finishes the race under average urging by the rider. Roughie: A horse at a long price in the ring with little chance of winning.
Running Double: Select the winner in two consecutive races. Saddle Cloth: Cloth under the saddle displaying the horses number.
The smallest official margin between other runners and awaiting clear. Write Your Own Ticket This trainer or steward alleges interference is so unlikely to win during a race that may than is required, eg, jockey. Well-Held: The horse won easily horse who is travelling well. Left side of a horse. Photo Finish: A result so racing in the straight usually bets are exchanged. The female parent of a. Late Scratching: A runner that it is necessary to use after 8am on race day. Participating horse in a race. Stretch home-Stretch : Final straight a tip and wants a a race. A jumps race over lower from which the horses jump.tohn.sekolahdasarforex.com › /07/29 › australian-horse-racing-betting-terms. Box: Betting term denoting an exotic combination bet whereby all possible numeric outcomes are covered. Box seat: A position in a race which is one horse off the. 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.