A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T |U | V | W | X | Y | Z

A
AET -  Stands for Added Extra Time. In soccer games, AET betting options are common where extra time is added for injuries, stoppages, or two-leg Cup games, which finishes in a tie after regulation time in the 2nd contest.
    
ATC - Stands for “Any to Come” bet, generally refers to a bet on two selections, which involves a condition. If part of the bet gives up an adequate return, a fixed amount is bet on one or more other selections.

ATS - Stands for Against The Spread! This term describes the track record of one team i.e. how well the team does against the spread, which means their won/loss record depends on the spread instead of their regular wins and losses.

Accumulator - Refers to the bets, which combine 4 or more selections into a single bet, which gains a payout only when all parts win.  Accumulator bets is different from other types of bets on the basis of its selections i.e. they must be true successively for the bet to get payout.
   
Action - Refers to any kind of bet. When an individual has an action on the results of any match, it's a way to define that he has placed a bet on the game. Having action means you have a financial interest in the results of an event.

Added game - A game, which is not part of the usual Las Vegas rotation. It can be a rescheduled game or the 2nd game of a doubleheader.
   
Against the spread - This term is used to describe a wager against the betting line.  Every match has a betting line that favors one of the sides.  Betting against the spread denotes that the bettor is using the points and making a bet on the underdog.

All Out - A horse or contender trying their best.
   
All Weather - Refers to any sport, which is played on all-weather surfaces, generally artificial.

Also Ran - This term is used to refer to racing where a horse or contender finishes a race but doesn't win or place.
   
Alternate Lines - The derivative of usual betting markets. Examples comprise Alternate Handicaps or Alternate Totals that provide higher or lower spread or totals with odds varying consequently.

American odds - Also known as Moneyline odds or US odds. The odds for favorites come with a minus (-) sign, that indicates the amount you require to stake to win $100. In the meantime, the odds for underdogs come with a positive (+) sign that indicates the amount won for every $100 staked.
   
Ante-Post - Refers to the bets, which are placed prior to the day of a particular race or contest. These bets are usually placed prior to a bettor knows which runners will take part, with the aim to access increased odds.

Apprentice - A young competitor, usually a young Jockey.

Arb - Stands for arbitrage, which is sports betting where bettor at once place bets on all possible results of an event at odds, which guarantee a profit, whatever the outcome of the event will be. Also called sure wins, sure bets, or miracle bets.

Arb Betting - The procedure by which bettors attempt to find irregularities in the odds provided by bookmakers and/or betting exchanges on markets to have a definite profit no matter what the result of a game may be.

Arber - A betting method in which a person generally known as "arber" gets a guaranteed profit regardless of the outcome by placing multiple bets on an event.

Arbitrage - This betting method includes placing betting on all possible outcomes of a match so that that there’s a definite profit regardless of whom the final winner is.

Arbitrage betting - A strategy wherein bettor bets on all possible outcomes at different odds to ensure revenue no matter what the final outcome of the event is.

Asian Handicap - It is a kind of soccer betting, generally popular in Asia. In this betting, the side that scores the most with the handicap applied is considered as the winner.

At The Post - This phrase is used when dogs or horses are all set at the beginning of the race, the race will start imminently.

B
BTTS - Stands for “Both Teams to Score”, generally refers to a betting market wherein both sides must score at least one goal during a fixture. It is generally used in football betting.
   
Back - Refers to betting on a result to happen that means the bettor is betting on the horse, which is likely to win the race, If that horse doesn't come first, the bettor loses his stake, and if the horse places first, the bettor wins.
    
Backdoor Cover - One of the most popular terms for a side, which covers a point spread late in a match. The side with the late cover might or might not influence the real result of the match, just the gamble.
    
Banker - Considered as an insurance policy for an accumulator or combination, which offers bettors the opportunity to walk away with a profit even if one or more selections do not win.
    
Banker bet - This betting phrase refers to the favorite for an event. A banker bet is considered a good possibility to win.
    
Bankroll - This term is used to describe the total amount of money a bettor has to gamble with.

Bar - In a horse racing competition, particular runners might have such a slight chance that their odds are not quoted ahead of a race. This term refers to the odds beyond that runners are not quoted.

Bar Price - A price estimated for competitors in any kind of race or competition, which are not quoted alone in betting shows, just because they are more out in the market.
 
Beard - Someone who places a bet for someone else so the individuality of the actual bettor remains unidentified.
    
Best Book - This term describes a betting market that has the lowest “over-round” figure – or book percentage figure.

Best Odds Guaranteed - A special offer whereby the bookmaker of bettor agrees to settle his bet at the starting price (SP) if it is higher than the early price he took while placing a bet
    
Best Price - Refers to the top price a bettor can get for a particular bet
    
Best-price percentage - The natural benefits a bookmaker holds within a known market.
    
Bet - To stake on the result of an event or the performance of a contender
    
Bet Receipt - It is known as the confirmed 'ticket' of a bet you place. Each bet receipt will give confirmation of selections, odds, results, and an exclusive identifier, which helps in distinguishing one bet from another.
    
Bet Slip - Generally, a paper or electronic form use to records the bets placed by the bettors. For placing any kind of sports bet, whether it is online or offline, a betting slip is required to claim the payout.
    
Betting Exchange - A marketplace for gamblers to bet on the result of discrete events. Betting exchanges provide the same chances to bet like a bookmaker with some differences.
    
Betting Unit - A measurement utilized for determining the size of your bet. Particularly, the betting unit is the percentage of a person's overall bankroll that he bet on a given sporting event.
    
Betting Without (W/O) - This term describes that a person can Bet without the smallest odds (favorites) involved in the Race, although your possibilities will be somewhat reduced compared to the SP (Starting Price).

Betting in Play (BIP) - Called Live betting which offers the flexibility to bettors for making additional bets AFTER the match has already started. Sometimes these bets are granted between quarters or periods, and sometimes, after every single play or drive.

Betting in Running (BIR) - Refers to Live Betting in which individual bets during the course of a race, match, or event

Betting strategy - It is a structured approach to betting in order to obtain a profit. To be thriving, the system must alter the house edge into a player benefit — which is not possible for pure games of odds with fixed chances, similar to a perpetual motion machine.

Binary betting - Refers to financial betting type that shows the price of a bet like an odds index from zero to hundred where the bet settles at hundred if an event takes place and zero if it does not. The better the possibility of an event taking place the higher this price will be.

Blinkers - A kind of headgear usually worn by horses in horse-racing competitions. Blinkers prevent the horse from seeing what is going on around him and keep the horse’s focus on winning the race.

Board Price - The odds or price, listed on the boards of bookie at a horse or greyhound racetrack.

Bonus - A conditional incentive offered by a bookie to attract new or existing account holders to wagering activity.

Bonus-chasing - Opening a new balance sheet for the single purpose of utilizing the bonus offers

Book - In gambling jargon, making a book is the practice to lay bets on different possible results of a single event.

Bookie - Someone who accepts bets on a sports event.

Bookmaker - Also called a bookie, this person facilitates betting, most generally on sporting events. He is the one who sets odds, receives, and places bets, and gives the winning amount on behalf of other people.

Bumpers - Some bettor says that a bumper in horse racing is jargon for a huge win, but the idiom bumper is more normally used as a substitute name to a National Hunt flat race. These kinds of races are limited to horses, which haven't run in a flat race and are generally aged 7 or under.

Buy Price - This is the price at which the bettor buys their bet from an index bookie in spread betting.

Buy points - When you accept lower odds in return for a bigger point spread advantage.

C
C&D - Sometimes just pronounced CD, in which C denotes course and D denotes distance on a race card. C defines that the racehorse has won at that course and D defines that the racehorse has won at that distance. CD defines that the racehorse has won at that course over that distance.
   
Canadian - Sometimes called Super Yankee, in which the bettor has to choose five selections, resulting in 26 individual bet components i.e. ten doubles, ten trebles, five four-folds, and one five-fold accumulator.
    
Canadian line - A combination of money line and points spread in ice hockey
    
Cash-out - Getting money back on your bet prior to the game you are betting on is over. The amount you get back is determined during cashing out time and will depend upon the recent possibility of the bet winning – so it might be higher or lesser than the opening stake.
    
Century - Also known as ton, in sports betting terms, century means £100 GBP (one hundred pounds sterling).
    
Chalk - Another phrase used for the favorites in the game.
    
Chalk player - Someone who only trusts the lines of the sportsbook and generally bets on the favorite to win and cover the spread. He is the one who rarely bets on anything apart from the result of a game as they cannot choose favorites when wagering on point totals or differentials.
    
Chase - Placing bets for recovering the losses, generally, on the markets, you would not prefer to bet on.
    
Circle Game - A game where the bookmaker will lower the amount, which a bettor can bet on a game.
    
Classics - One of the five classic such as the 1000 and 2000 guineas, Epsom Derby, Oaks States, and St Leger, United Kingdom flat horse races.
    
Clean sheet - A sporting phrase that describes a team, which does not concede a goal during a fixture. This term is generally used in football.
    
Closing Line - This is just where the point spread is when the match starts.
    
Closing Line Value - Full form for "CLV", this denotes a straightforward evaluation of what number you stake a game as compared to what the line finished up closing at. If you have a better number as compare to what the line closed at, it will be a smart bet as you beat the closing line.
    
Closing odds - The last available odds were provided prior to the closing of the market.
    
Co favorite - A horse who is leading the market with one or more horses.
    
Colors - Refers to the clothes color of Jockey, generally chosen by the owner of the horse.
    
Colt - Under the age of 5, a male horse is known as a colt.

Combination Bet - Placing multiple bets on your selections to reduce the risk and to maximize the possible gain. It is like a full coverage bet that means if one of your selections loses, your whole bet won’t be lost.

Commission - Refers to the cost of placing a bet, which is evaluated by summing the implied probability and subtracting from hundred, the evaluation of a fair market. For Exchange betting, it is the charge applied to winning bets.

Consensus - The public’s betting percentage on each side of a match, usually some bettors will gamble against the public money.

Contrarian - Also called wagering against the public, which generally means finding value by gambling on games with unbalanced betting percentages.

Correct score - This betting is all about wagering on what you believe the final result of a football match will be. These are usually low scoring results like 1-1, 0-0, 2-0, 1-0, and so on.

Course Specialist - A horse, competitor, or selection, which is recognized to perform well at a picky track.

Cover - In football and basketball, a person wins his bet if he covers the point spread. For instance, if he wagers a 7-point favorite and wins by 9, it means he has covered the spread.

D
Dam - This term refers to the Mother of the horse.

Dead Heat - Refer to a tie between 2 or, more runners in a race. In case there is a Dead Heat, bettors will win part of a bet and lose part of a bet. A Dead Heat is commonly used in horse racing, greyhound markets,  and golf.

Decimal odds - It is the number, which signifies the money one wins for every $1 bet. It usually signifies the complete payout, instead of the profit.

Dime - This is betting slang used in the United States to illustrate a $1,000 bet.  It is generally used in sports betting situations, but could even apply to card games or alike.

Dime Line - Refers to a betting line having a ten-cent straddle, mainly used in baseball.

Distance - This term has 2 different meanings

  1. In UK horse racing, the race distance remains between 5 furlongs and 4 1/2 miles. In F1 this perhaps considers lap’s length, etc.
  2. The distance, which a competitor or horse wins a race.

Dividend - The amount which a successful bet or placed horse returns for every one euro bet. The term is often linked with Tote pools.

Dog - Someone who is likely to lose a competition or fight or compete. Also called the “underdog”.

Dog player - Someone who generally puts a bet on the underdog.

Double - A single bet on two selections in different matches. Both selections have to be successful for a profitable return

Double Action - This phrase refers to a bet, which acts like a parlay but includes 2 or more teams, playing at different times of the day. This is even called an “if bet”.

Double Chance - This bet permits you to cover 2 of the 3 probable results in a football game with 1 bet.

Double Pop - In this bet, a bettor places twice the money of a normal bet, generally in reaction to a supposed 'good thing'.

Double Result - In this bet, bettors have to must predict the results at half time and at full time.

Double Up - Refers to the procedure of doubling a bet on the following bet when an initial bet loses.

Double action - A bet that is conditional on the success of a previous bet.

Double bet - Where a punter plays twice the money of a normal bet, generally in reaction to a supposed ‘good thing’. Also called double pop or doubling up.

Double chance - This bet permits you to cover 2 of the 3 possible results in a football match with a single bet.

Double result - A conditional bet, which merges the outcome at half-time with the outcome at full-time

Double-header - Two prestigious matches played close to each other on a similar day.

Doubles - Refers to the simplest kind of Multi bet or Accumulator or Parlay a bettor can take. It involves the bettor placing 1 bet on 2 diverse selections, with the primary bet being placed on the first selection, and then, if successful, the profits are rolled into the following selection.

Draw - When the competition ends with no winning side or losing side.

Draw No Bet - A betting market that takes away the result of a draw on three-way markets, permitting gamblers to gamble on either a home or away win. 

Drift - When odds get longer, implying a lessened possibility of the event taking place; probability is said to have drifted or are "on the drift"

Drifter - Refers to a horse, which is going out in the betting. It is considered as the dark horse, which is not expected to win. 

Duel forecast - Also called reverse forecast. Generally it is a bet where the intent is to forecast the winner and runner-up in either order.

Dutch - Backing multiple horses in a race raises bettors' chances of getting a winner but basically at shorter odds.

Dutching - The way of backing a number of contestants for a precise event to make certain the same amount of profit if any of the selection win.

E
Each Way - A bet where half the complete wager is for the selection to win and half is for the selection to be placed. The bet will be paid out differently based on whether the horse wins or places.

Each-way bet - Refers to 2 separate bets: first for the horse to win and 2nd for the horse to place in any of the place positions given in that race. This means the bettor can get a return on his bet if his selection wins and also if it just places.

Early Cash Out - This option permits bettors to take an early payout on their bet prior to they are settled which means you can either make a profit or get a part of your wager back, based on how your selection is doing at the moment.

Early Price - A fixed price granted ahead of an event gets underway and one that should you choose to take, you are then compelled to continue with although your fancied selection goes out to longer odds in the market.

Edge - The betting advantage gained by constantly using a bookmaker’s margins or derived from proprietary skill.

Elo ratings - A method to compare the skill levels of players in competitor-versus-competitor matches. Introduced by Arpad Elo, who was a well-known master level chess player and physics professor, born in Hungary.

Even Money - A wagering scheme with even odds - the better positioned to lose or win the same sum of money. Beyond betting, this term can mean an event whose happening is about as probable to happen as not. It is even called 50–50.

Evens - When one of the horses is your strong favorite to win the price perhaps described as Evens.

Evens bet - A bet put at odds of 2.00 (1/1), usually called even odds, and is considered as the best bet particularly for players who habitually bet on singles as it doubles their chance if predicted correctly.

Exacta - Selecting the primary two finishers in a horse race in the right order is called exacta

Exchange Betting - A kind of peer-peer betting in which the bookmaker matches the number of bets for a selection and the number of bets against a selection at clear offs. The bookie gets a commission but chances for the bettor can be much better.

Exotic - Any bet excluding a straight bet or parley – also known as a prop or proposition.

Exotic Wager - Generally called a prop bet.It refers to a much-admired group of horse racing bets, which all comprise a component where you must bet on multiple horses. This can happen during one race or over a period of multiple races.

Expected Value - It is the evaluation of what a gambler can predict to win or lose on each bet placed on similar odds time and time again.

Expected goals - It is usually referred to as xG in a football.  It is a metric, which calculates the odds of a particular shot resulting in a goal.

Exposure - This refers to the amount of money a punter or bookmaker set to lose on any given contest.  One's exposure is completely dependent on the amount of action taken on a particular game.

Extra Time - A time included on to the end of a game when it is tied and we need one winner. In knockout soccer 30 minutes are included to the end of a game if it is tied after the normal 90 minutes of play.

F
Favorite - In any sports, this term refers to the individual, team, or horse, which is likely to win. Generally, favorites are offered odds, which reflect the level in which they are likely to win.

Fillie - A female horse before the age of five is called a Fillie.

First Goalscorer - Refer to a precise betting market wherein the bettor place a bet on the player who he believes will score first during a game. It is most common in football and ice hockey betting.

First Half - Refers to a derivative bet, usually placed on an event, which has two halves. The bettor can bet on what he predicts the outcome at the half-time interval of an event.

First Past the Post (FPP) - This term is used to describe that bookmarker will pay out for the horse that crosses the line first, although that horse will later disqualify or downgraded in the race.

First half bet - Refers to a bet placed by the bettor only on the initial half of the game.

First/last goalscorer - A bet on the particular scorer of the first or the last goal in a particular match.

Fixed Odds - Odds, which have a set price defined by the bookmaker.

Fixed-odds betting - A type of betting against odds provided by a bookie or an individual or on a betting exchange. It includes betting on an event wherein there is no variation on the payout.

Flat Betting - A consistent, restricted strategy followed by the bettor, simply means he is betting the same amount on every match despite his confidence level.

Flat Race - Horse racing on flat land. In the United Kingdom, official flat races are thoroughbred races that run over a distance between five furlongs and 2 1/2 miles.

Foal - Refers to a young horse, which is not older than one year.

Fold - This term signifies the number of selections in an accumulator. For instance, a Four-Fold Accumulator includes 1 bet involving 4 selections in separate events, and in order to get a return, your all selections must be successful.

Forecast - In this bet, the bettor needs to select the first 2 horses finishing the race in the correct order.

Form - Refers to the current performance of a team or individual player.

Fractional odds - Whenever we look at two numbers separated by a slash, i.e. 6/1,  it represents a fractional betting odds. Fractional odds permits the bettor to calculate how much money he will win on his bet in comparison to his stake. Here 6 represents how much the bettor will win while 1 represents how much you have to stake.

Full Cover - When betting is conducted to contain all obtainable multiple bets over a particular number of selections, it is commonly called “Full Cover Bet.”

Full Cover with Singles - It is the relevant full cover bet, (which is a combination bet that covers all possible bets from doubles upwards, based on the number of selections opt)  with the extra advantages of singles on each selection.

Full Time - The end of a normal length of a game or match, commonly used in football to define ninety minutes.

Future - A bet placed on an event, which will be decided in the future, very common in the US where prices are open before happening of an event, like ante-post.

G
GamCare - The national center for information, guidance, and useful help regarding the social impact of gambling in the UK.

Gelding - Refers to a male horse, which has been castrated.

Goal-line - This refers to the total number of goals bettors believe will be scored during a game. As this is an under or over the market, the bettor needs to be precise for their bet to win

Going - Refers to the condition of the ground such as hard, muddy, or soft.

Going Down - When horses are making their way to the beginning post.

Going In - This term describes that horses are beginning to enter the starting stalls.

Going to Post - When horses are on the route to the beginning of a race.

Goliath - It is an eight selection bet that includes 247 bets such as twenty-eight doubles, fifty-six trebles, seventy four-folds, fifty-six five-folds, twenty-eight six-folds, eight seven-folds, and an eight-fold accumulator.

Grand - This term refers to £1000.

Grand National - The most difficult thoroughbred steeplechase in the world, run at Aintree near Liverpool over thirty-three fences and a distance of four miles 3 1/2 furlongs (nearly 7.14km).

Grand Salami - This bet is only available in baseball and hockey and refers to one big collective total for all of the matches on the board on a particular night.

Guineas - This term refers to the two classics flat races run at Newmarket, i.e. the 1000 Guineas and 2000 Guineas.

H
Half Time - A halfway interval of the match.

Half time bet - A bet placed by the bettors on the half time outcome.

Half time result - A bet, which involves the bettor correctly predicting the outcome of a game at half time.

Half-ball handicap - A Handicap that is 0.5 of a goal or point.

Handicap - A mathematical figure set by the bookie to oppose the supposed bias inabilities of the challenger - this offers more balanced odds.

Handicap Betting - System of practically adding or cutting points from an expected outcome to make a one-sided match more attractive to a bettor.

Handicap Races - Refers to horse racing wherein horses carry different weights, allotted by the handicapper. A good horse will carry a heavier weight against slower horses.

Handicapper - Someone who analyzes an event and predict the winning team or player.

Handicapping - The process involved in horse racing whereby the horses are marked on how well they have run in their current races. The main motive behind it is to give every horse an equal opportunity to win a race.

Handle - Generally, bookmakers use this term to describe the sum of money gambled over a specific time frame. In that condition, this phrase generally refers to complete bets over multiple games, especially during a long series of pre-scheduled actions.

Head - This term describes the head of a horse, for instance, "beaten by head".

Hedge - A tactic used by bettors to either cut down the risk of or to guarantee a payout from a bet.

Hedging - This bet is made cautiously by a Bookmaker on a horse on which he has received large bets. This is done to cut the losses if the horse wins. Also called 'lay-off bet'.

Heinz - It is a bet that comprises 57 bets across 6 selections. The bets can be 15 doubles, 20 trebles, 15 four-fold accumulators, 6 fivefold accumulators, and 1 six-fold accumulator.  To get a return, your two selections must be successful

Held Up - The way to restrain a horse behind the other animals in the early phase of a race.

Holding Your Own - When someone is neither winning nor losing, but slightly breaking even on their bets.

Home Advantage - When any participant or team competing at their home stadium or in their home town.

Home Field - This can be the court, rink, or field where one side plays its games often.

Home field advantage - Generally, symbolize HFA,  a significant point to think about when wagering on team sports. Home field advantage generally converts to 3 points in the NFL. For instance, if Australia is a -5 point favorite against England at a neutral venue, they would be -8 point chalk if the match was played at their home stadium.

Hook - The phrase for the final half-point of a non-whole number spread.

House - Refers to the gaming institution, casino, or the bookie. For instance, the house always wins

Hunter Chase - This term is used to describe a race for hunting horses.

Hurdle - It is a kind of fence in national hunt racing, which is approx 3 and ½ feet in height

I
IBAS - Stands for “Independent Arbitration Betting Service” which was introduced to manage betting disputes between bettors and bookmakers.

If bet - A type of bet, which is generally available at every sportsbook. This kind of bet allows bettors to connect 2 straight bets. If the primary selection wins, then the 2nd one becomes a live bet or 'action'.

In Play - Though an event already started, still bettors can place a bet, also called live betting.

In the frame - Another phrase for a horse, which ended in either first, second, third, or fourth position in the race.

In-play betting - Placing bets after a match got started. Most bookmakers permit you to do this and it’s one of the common betting strategies.

In-running - Also called in-play betting or live-betting, generally refers to placing the bet while the match is taking place, for instance, on a horserace, bettors place a bet while the race is being run.

Index Betting - Another phrase for spread betting that comprises betting on whether the end result will be above or below the spread. The pay-out will be based on the precision of the bet, rather than on which team wins or loses.

Injury Time - An extra time is added at the end of a period within a game for covering the time lost due to injuries, substitutions, and other obstructions.

J
Jack - It is slang used for £5

Jackpot - The top reward for a match or competition, typically enhanced.

Joint Favorite - Refers to the two favorites for a competition. This is typically used in England.

Jolly - The slang phrase used for describing the favorites of race.

Juice - Another term for vig generally refers to the amount of money or commission, charged by a sportsbook for taking a bet. The sportsbook simply gathers the juice if the gambler loses the bet.

K
Kelly Criterion - A numerical formula, which helps investors and bettors to calculate what percentage of their money must be allocated to each investment or stake.

Kite - British people use this slang for a cheque

L
Landing on three/seven - This phrase describes the most statistically general final score differential in the NFL.

Lay - It means backing something, which is not going to happen.

Lay betting - When bettors wage on an outcome not to happen. Lay betting permits bettors to play the role of the bookmaker that means instead of backing a selection to win,  it enables bettors to bet on something to not happen.

Layer - When someone believes a team will win a match, they back the bet and become a backer. The bookmaker granting this bet is the layer. In case the team loses, then the layer keeps the bet, but in case the team wins, then the layer has to pay the agreed odds to the backer.

Laying the points - This phrase describes betting on the favorite team to win by the already set point spread line

Layoff - A kind of bet made by one bookmaker with another, usually bigger, a bookmaker with the intention of balancing action or reducing risk.

Length - Generally referring to the length of a horse for instance, "beaten by a length".

Lengthen - When a bookmaker observes that there is slight activity on a particular result, they may opt to lengthen or raise the odds available.

Limit - The maximum bet, accepted by a sports book.

Line  - Refers to the point spread or odds on a game.

Linemaker - Someone who set up the betting lines for a sportsbook. Also called an “Oddsmaker.”

Listed Pitcher - A baseball wage conditional on the named pitchers beginning the game, or else void.

Live Betting - Also known as in-game betting or betting in running generally refers to the capability for bettors to make extra bets AFTER the game, which has already begun. Sometimes these bets are provided between quarters or periods, and sometimes, after every sole play or drive.

Lock - A bet, which cannot lose; a term, which is often misrepresented and badly treated by notorious touts.

Long Odds - This term describes that a horse is likely to have a very less chance of winning the race, however, in case that horse wins the race, the bettor receives many multiples of their stake back as winnings.

Long Shot - A selection having high odds, generally doubtful to win, also called an outsider.

Lucky 15 - This bet includes fifteen bets across 4 different selections. The bets can be four single bets, six doubles, four trebles, and one four-fold accumulator.

Lucky 31 - This betting structure allows bettors to place 31 bets across 5 different selections as a single bet. It gives bettors five single bets, ten doubles, ten Trebles, five four-fold accumulators, and 1 five-fold accumulator. Lucky 31 bet comprises of single bets, so simply 1 win is needed to trigger a payout.

Lucky 63 - This bet includes 6 different selections and, as the term suggests, comprises 63 different bets in total comprised of 6 singles, 15 doubles, 20 trebles, 15 four-folds, 6 five-folds, and 1 six-fold accumulator.

M
MLB - Stands for Major League Baseball. It is the oldest professional sports association in North America, founded in 1903 when the American and National League are combined.

MLS - Stands for Major League Soccer. It is another game, which is more and more becoming popular to bet on. However, betting on MLS is quite trickier as compared to other sports, without the right knowledge of how soccer lines are set and scored you could lose your whole bankroll. In this betting there can be losers, winners, as well as draw results which lessens your chances of success to win the bet.

MVP - Stands for Most Valuable Player, generally a bet placed on the Most Valuable Player of a season or series (usually basketball and the NBA).

Maiden - The term is used to refer to a horse, which has never won a race.

Mare - This term is used to refer to a female horse which reaches 5 years of age

Margin - The implied price of placing a bet, set by the bookmaker. Bookmakers raise the supposed probability of an event - as signified in their odds - signifying it is more probable than underlying probability.

Market Mover - A selection, which changes in price considerably either way, by rising in odds (drifting) or decreasing in odds (steaming).

Martingale - A system of gambling based on doubling your wager each time until you succeed.

Martingale System - A betting method where bettors double the amount of a bet after losses. In this system, the bettor doubles the bet after each loss, so that the initial win would recover all earlier losses and gain a profit equal to the new stake.

Match - A match of definite length with two or more competitors or teams.

Match Betting - A betting strategy, used by a bettor to get profit from the free bets and incentives provided by bookmakers. It is usually considered risk-free since it depends on the application of a numerical equation rather than chance.

Match bet - In this betting, one of only two participants will win a match, competition, or race. This bet focuses on the performance of two competitors against each other within a game. For example, among so many horses, this of two will end first in the competition.

Middle - Also called middling, generally, a games betting tactic that makes the most out of a variation in point spreads, odds, and totals. In this betting tactic, a bettor places bets on both sides of the same wager at diverse lines, trying to win both, and making certain that at any rate one of them will win.

Money Line - This is a kind of bet that everyone makes without even knowing it. This betting is perhaps the most simple way to bet on sports. Bettors just select a player or team to win. If the selected team or player wins the match, the bettor gets the due amount.

Monkey - In betting terms, monkey refers to a wager of £500

Morning Line - An advance prediction of probable odds.

Multiple - Bets which involves more than 1 selection, doubles, trebles, etc.

N
NB - In betting terminology, this term describes a tipster’s “next best” selection for a racing day.

NBA - Stands for National Basketball Association, representing the professional basketball organization of America.

NCAA - Stands for the National Collegiate Athletic Association that represents the governing organization of college sports in America.

NFC - Stands for National Football Conference. It is among one of the 2 football divisions in America.

NFL - Stands for the National Football league, which is a recognized professional American football league that includes 32 teams, separated equally between the NFC (National Football Conference) and the AFC (American Football Conference).

NHL - Stands for National Hockey League, which is recognized as the most popular ice hockey league in the world. It includes 30 teams, where each team plays 82 games (41 at home and 41 away from home) through the normal season. 

Nailed On - Refers to a bet that has a higher certainty to win.

Nap - This term is used to indicate the most convinced selection of the day by the tipster.

National Hunt Racing - Sometimes just termed as jump racing. Flat races, hurdles, and steeplechases during the national hunt jump season, whose distances usually remain above two miles and involve horses of four years or older.

Neves - This term is used to refer to the best bet of the day.

Nickel - In the gambling language and particularly in the sports gambling world, a nickel refers to a $500 wager, which simply means that a nickel player would be the one whose bets are in the $500 range.

No action - This term refers to a bet that has been made by a bettor but is no longer applicable. Under these conditions, your money will generally be returned.

Non-Runner - Refers to a selection, which is named but doesn't play in an event

Non-Runner No Bet - Refers to a promotion which depicts if the horse backed by the bettor doesn't run in the race then the stake of the bettor will be returned to his account.

Not Under Orders - Any runner considering withdrawal before the starter's signal is considered to have not come under orders.

Novelty Bet - This bet is not placed on an outcome of any sports; a Novelty bet is placed on the winner of a political election or the gender of an infant about to be born to a royal family.

Novice Race - A race wherein no participating horse has won a hurdle or chase in the past.

Number Spread - An index spread, based on how many goals, runs, or points scored in a particular game.

Nursery Race - The race, organized for horses below two years of age.

O
Oaks - It refers to a classic flat horse race, which is usually held for three-year-old fillies.

Objection - A foul claim, lodged by the jockey, patrol judge, or other representatives after the completion of a race. If the claim is made by an official, it will be referred to as an inquiry.

Odds - In sports betting, odds define the calculation of winning bets payout. Every time a bettor places a bet with a bookie, he will get odds at the time that impact how much he can win.  Also, odds reflect the probability of any particular result occurrence. The more probable an outcome, the lower the odds will be.

Odds Against - This term describes that a price is bigger than that of even money. If a bettor bets at odds against, they will get more money than they staked if their bet is winning.

Odds On - Refers to the amount, the bettor stands to win is less as compared to the amount staked.

Odds compiler - Someone who works for the bookmaker or betting exchange to set the odds for events with the aim to help bettors to place bets.

Odds format - Special international rules have been invented to represent odds. 50% probability for heads in the coin-toss represents odds of the event in 3 common ways: Europe (Decimal) - 2.0, United Kingdom (Fractions) – 1/1 (even money), United States (American) - +100; a (+) signifies the amount that would be won for every hundred bets placed and (-) signifies how much must be a stake to win 100.

Odds on favourite - The player, team, or racing horse, most favored to win.

Oddsmaker - Refers to the person who establishes the odds. Also known as linemaker.

Off - Refers to the point from the race starts.

Off Track - This term either refers to a wet racing surface or refers to the method of placing bets away from a racecourse.

Off the Bit - Usually, a piece of metal or rubber bar, fixed to the bridle that fits into the mouth of the horse for guiding and controlling them.  When this is not required and the horse is a complete stretch, commentators often declare they are “off the bit”.

Off the Board - This phrase describes that the bookmakers refuse to take any bets on the game

Off the Top - Refers to the commission taken by a bookie, usually used in pari-mutuel betting.

Official Result - The final result of the match on which the bets are settled.

On the Bit - A horse, which performs without much support from the jockey.

On the Nose - Backing your selection to win only is referred to by the phrase “on the nose”.

One Paced - A selection, which runs or competes at solitary pace and cannot make extra.

Outright Bet - A bet placed on the overall winner of a sports tournament.

Outright betting - This bet is placed on the outcome of a sports competition rather than on a single match in that competition. These bets are usually placed before or after the start of the competition.

Outsider - A team or sportsman, which has a very little chance of winning.

Over - To bet for a score 'over' an already defined amount. In cricket terminology, over refers to six balls bowled by a bowler.

Over Round - It is one more phrase for the profit a bookie builds into an odds price.

Overbroke - It refers to the situation when the participant is obliged to play at low odds.

Overlay - Refers to odds of a particular bet which are much more than they should be, and be inclined to favor the player instead of the house.

P
Pace - The speed at which the horses run during a race. Handicappers usually evaluate the pace as it directly impacts the final results of a race.

Paddock - This is the area where horses are paraded and saddled prior to being taken onto the racecourse.

Pari-mutuel - A type of betting and of managing the betting on horse races at the racecourse, wherein those holding winning tickets split the total sum bet in proportion to their stakes, take away a percentage for the management, taxes, etc.

Parlay - Known as accumulator or multi or combo bet, generally refers to a single bet, which combines together 2 or more individual bets and is dependent on all of those bets winning together. You will lose the entire parlay bet if any of the bets get lose.

Patent - A type of multiple method betting in which 7 bets are placed on 3 different selections. Patent betting is used for covering all possible outcomes and will provide a return even though only one bet comes in.

Payout - How much a person who placed a bet will win or won on his bet. Some sportsbook or bettors describe the payout as the amount return back to the customer who won the bet.

Permutations - All possible results or bets are likely on a given result or event or series of results or events.

Photo Finish - Method to determine victory if it is very close to see by eye

Pick 'em - A game that has no favorite team or underdog. It has zero point spread and the game’s winner is even the spread winner.

Picks - This is the phrase used for individual selections.

Pitch - It refers to the place of the bookmakers at the racetrack, where they received the bets on the race. In this location, anyone can place bets and receive their winnings. Also, this phrase is used in American football, where it refers to defensive line actions.

Place - Positions besides the win paid out when a place or each-way betting.

Place Terms - The odds received by the bettor for the place part of their bet, whether for a placed bet or each-way bet, are called 'place terms'. It is used for determining the pay-out of the bet.

Place bet - In this bet, bettors bet on a runner or player to finish the game in a particular position. This is normally used when wagering on horse racing.

Placepot - It is a kind of pari-mutuel bet.

Player Props - These props are generally fixed to the performance of an individual in the game, and especially, on the score sheet. Bettors can stake on the total made by a player, number for points, etc.

Points Spread - Sports betting market, referring that a team has to win by a particular number of points or goals, or lose the game by a particular number of points or goals. Commonly called handicap betting or betting the spread

Pony - It is a British slang phrase use for a sum of £25.

Pool - Gambling method wherein all money wagered on the outcome of a particular event by many people is awarded to either one or multiple winners in accordance with conditions set in advance

Post time - Refers to the time of day at which a race is to be run.

Postponed - When a match has been postponed that means it hasn't begun yet, in this condition, the following rules are applied: - When a match has been canceled and not played in twelve hours from the set date and time, the bet placed by the bettor will also be canceled and the stake will be refunded into their account.

Power Ranking - Making a ranking score for all the team with the intention that it helps a bettor, handicapper, or bookmaker to make a point spread. Knowledgeable handicappers utilize their point spreads to compare with a bookmaker to discover the best bets offered.

Price - This term describes how much it will cost to place a particular bet. The price is connected with every bet type such as puck line, the point spread, money line, the total, run-line, etc.

Prop - A bet made on something apart from the result of a game. For example, betting on passing yards, or points scored by any particular player in the game.

Public Betting Percentage - Refers to the percentage of bet placed by the common betting public.

Public money - The bets influence by frivolous punters generally on the favorite and struck near to post time.

Puck Line - A betting line, utilized only for ice hockey games wherein a point spread is applied to the preferred team and underdog with the odds amending to that point spread and the comparative power of the team. Normally, the underdog gets +1.5 goals with the preferred team receiving -1.5 goals that means in order to win the bet for the underdog they must not lose by two or more goals, and for the preferred team to win they must win by no less than two goals.

Punter - Someone who bets money, particularly on horse races.

Puppy - A greyhound below two years of age is called a puppy.

Push - When the competition ends without having winners or losers for betting purposes and bets are refunded.

Q
Quarter bet - Betting on the result of one particular quarter of a game only is referred to as a Quarter bet.

Quinella - In this bet, bettors have to select 2 horses to finish in first and second position. If that picked horse becomes the first two finishers - in either order – the bettor will be considered as a winner! It is similar to Exacta Box but has a different betting pool, so you get a special payout on Quinella betting.

R
ROI - Stands for “Return on Investment”, which is usually an indicator highlighting the rate of increase or decrease of the funds invested in betting.

Rag - Slang phrase for outsider or longshot.

Re-run - Race re-taken due to some technical issues.

Reduced Juice - Refers to the minor commission charged by a bookmaker on a bet.

Related Bets - Most bookmakers' system disallows bets, which combines more than two where one section of the bet winning makes the other section of the bet more probable to be successful. These circumstances are usually referred to as 'related bets'.

Reload bonus - A bonus, which re-applies when account holders deposit new funds.

Request a Bet - A comparatively new trait, which permits bettors to build their own bets. The bookmaker has to accept the wager and the odds for the wager to be placed.

Return - The amount expected by the bettors to get from a winning bet.

Reverse Forecast - A forecast wager predicting a minimum of first and second position where either selection can end in either position to win.

Reverse Line Movement - It takes place when big bulks of wager are on one team; however, the line moves in the reverse direction.

Ringer - Refers to any runner or contender, which is seen as considerably better than the other players on the field. This player is usually brought in as a substitute.

Rotation number - Las Vegas uses this numbering system to order bets. Bookmakers often used rotation number to allocate unique IDs to markets.

Roug - It is a slang used for 4/1.

Round Robin - A bet, which involves making multiple parlay wagers at the same time.

Roundabout - A type of conditional bet as it involves ATC (Any Cash To Come) Doubles inside it. You only need 3 selections to make the bet and from those, 3 singles and 3 ATC doubles will be played. Its functionality is similar to a Rounder bet, except that Roundabout uses double the original bet on the ATC options.

Rounder - This bet is made up of three singles and three ATC (any to come) doubles. If your solo bet wins, the same bet is then used on a double for the additional 2 selections.

Rule 4 - The normal betting rule, which relates to the decrease of winnings when a horse backed by the bettor wins or is placed. They are prepared when a horse is withdrawn from a race as it becomes easy for the other runners to win.

Run In - It refers to the distance from the end corner/turn to the end line/post

Run Line - The point spread betting in baseball, which permits a bettor to bet on whether their preferred team or player will beat the underdog by more than one run or whether the underdog will carry on the match within a run. The run line is nearly always -1.5 and +1.5.

Runner - In the betting world, runner refers to a horse, which is taking part in a horse race. Also, a runner can be a person who places a bet for another person.

S
SP - Stands for “starting price” that signifies the opening odds for greyhound and horse races.

Scalping - Exploiting price/bonus divergences between several bookmakers for advantage.

Score - Slang phrase for £20. In the United States, this can be a phrase, which means to win a race.

Scout - Someone who will wait patiently for a highly strong wager (according to their view) and then bet big.

Scratch - This is the US phrase for the withdrawal of a contestant.

Second half bet - A bet on the result of one particular quarter of a match only.

Selections - The competitor, expected to win in your bet.

Sell - When a stake is received as being very high.

Selling Race - A horse race wherein the winning horse has to be placed for auction.

Settler - An expert bookmaker who determines payouts.

Sharp - Someone who knows the game well and has good gambling experience.

Sharp Money - Refers to the side of a game, which the professionals are betting on.

Sharp bookmaker - A bookmaker, which is used by professional bettors.

Shortening the Odds - The decision of a sportsbook to lower the odds price for a game because of heavy wagers or other factors.

Shoulder - Slang used for 7/4.

Show - In the US this term is used to denote 3rd place and in the UK it denotes an odds list.

Shut Out - When better become very late to place a bet, as the book is closed

Singles - A type of bet, which cover simply 1 selection from 1 market. Betting on single means placing a bet on a single event only.

Sire - Refers to the father of a horse, or the stallion. The genetic structure of a racehorse can be highly crucial in the betting world as knowing whether the horse is sire or mare can help you predict how a specific racehorse will perform.

Smart Money - Refers to the money, generally bet by the sharps.

Special - Refers to a type of betting market, which is generally different from normal lines such as money lines and parlays.

Special Bets - Refers to a bet, which is a bit different from the ordinary. While all bookmarkers are unique in their own way, they each include the 3 main kinds of 'basic' bet.

Split-ball handicap - Two handicapped wagers on a single bet that have different values are called a split-ball handicap.

Sportsbook - Another term used for a Bookmaker.

Spread - The expected scoring differential between the two teams is estimated by a sportsbook.

Spread Betting - A bet, played on the expected movement of a market, instead of the result of an event. Like the handicap betting system, if you are backing a team to cover the spread, so your selection will lose by no more than five points or win by more than six points.

Square - This term refers to a novice bettor, someone who places a bet carelessly.

St Leger - A Group 1 race, run over 1 mile and 6 furlongs. This race is open for colts and fillies, usually occurs at Doncaster in September.

Stake - Refers to the money risked on gambling in order to get a high return.

Stake Unit - When you place a bet with multiple lines, for instance, Lucky 15, the Stake Unit is the amount of money staked on each line.

Staking method - Method to calculate the right amount of money to place on a bet for constant profit-making as part of a gambling strategy.

Stalls - A row of compartments, which are prepared to given an even start to all the runners participating in a flat race.

Starting Price - Generally, denote as SP, refers to the final odds existing at the time the race begins and are used for determining the payout to winning bettors unless a bettor took an exact price at the time of placing the bet.

Steam - Refers to betting odds, which varies unexpectedly at almost every sportsbook. Steam moves take place when syndicates bet mainly on one part of a betting line.

Steamer - A horse, which has been well backed all throughout the day, with shortening odds.

Steeplechase - A horse racing performed over an obstructed track.

Steward - An official who is in charge of a race meeting that follows disciplinary procedures. The stewards can hold an investigation into a probable breach of the racing rules or hear doubts regarding the race result from beaten jockeys.

Stewards Enquiry -  A review system, which happens after a race to make sure the race has been run fairly i.e. without the violation of any rules. It is mostly seen when horses get in the way of each another, compromising the opportunity of a particular horse to win the race.

Stoppage Time - Generally known as Injury time, which is a law in football where, at the judgment of the referee, time is added at the end of each half of the match to compensate for time lost because of goal celebrations, replacements, fouls, injuries, or other problems.

Straight - The phrase used in the United States for a win (1st, 2nd, and 3rd place).

Straight Forecast - A betting scenario wherein you choose two contenders in a single sporting event and state the exact order in which they will finish, 1st and 2nd position. This type of bet is popular in cycling, motorsports, horse racing, and greyhound racing.

Straight Up - When the bettor simply needs a team or player to win a game or event outright with no regard to the point spread is referred to as a straight-up beat. The clearest example of this bet is the Moneyline.

Straight bet - A bet on the result of one of the 3 basic bet types.

Super Heinz - A full cover bet on seven selections that include 120 bets i.e. one seven-fold, seven six-folds, twenty-one five-folds, thirty-five four-folds, thirty-five trebles, and twenty-five doubles.

Super Yankee - Also called Canadian, a full cover bet that comprises of five selections and twenty-six bets. The bet includes 1 five-fold, 5 four-folds, 10 trebles, and 10 doubles.

Superbowl - It is an American football championship. It is organized by the official football league in the US, known as NFL or National Football League.

Sure Thing - When there is a very low chance of losing.

System - Refers to the Method of betting, for instance, Martingale.

T
TKO - Stands for a Technical Knockout in boxing. When a boxer is knocked down and wakes up to beat the count but the umpire stops the fight as he finds him not fit to resume the fight or he feels the fighter is taking more punishment and stops the fight

Take the Points - Placing the bet on the underdog in a point spread event.

Take the Price - Placing a bet on the underdog in a money line event.

Taking the points - When a gambler places a bet on an underdog he is usually taking the points offered by the sportsbook.

Tattersall - This refers to the person who is the main auctioneer of racehorses in the United Kingdom. This name is derived from Richard Tattersall (1723-95).

Tattersalls Rule 4 - A deduction made to entire winning returns gained from stakes-placed prior to a non-runner has been declared. This rule merely comes into effect if the withdrawal follows the authorized declarations having been made and only puts an impact on those who have taken their price of horse i.e. not bet at SP (Starting Price).

Teaser - A special kind of sports parlays that offers adjusted point spreads or totals for the basic bets. The adjusted Spreads/Totals cost is generally reflected in the odds

Tic Tac - A hand signaling system, used by the bookies to communicate market. For instance, to communicate the odds of 5/4 ("wrist") – the bookie moves the right hand to touch the left wrist.

Ticket - A bet on sports, traditionally confirmed by a substantial ticket, but still functional to online bets.

Tie - Refers to a bet where you don’t win or lose money. It is even referred to as a push. A tie can take place whether you are wagering point spreads or totals.

Tip - A selection picked by a person who believes he has a great knowledge of an event.  It perhaps a professional sports player, pundit,  or someone just trained in the form of teams.

Tipster - Someone who sells or provides tips to bettors.

Tissue price - Refers to the initial odds suggested by a sportsbook. This price is generally considered to be the fairest price on a bet.

Ton - Slang phrase used for £100.

Total - An overall outcome of an event, measured by the number of goals in football, the number of games in tennis, scores in basketball, etc. When betting on the total, you don’t need to look at who wins; you just need to predict the total score.

Totals bet - Where the gambler guesses that the total score by either teams/players in a game will be more or less as compare to the level set by the bookmaker

Tote - Acronym for Horserace Totalisator Board, the United Kingdom organization, which operated pari-mutual pool betting online and at racecourses. It is now owned by Betfred.

Tote Board - Refers to the information board present at tracks of racing, generally used to display the Tote prices.

Tote Dividend - This type of betting sees all bets pooled and the payment, or Tote dividend, is then collectively shared amongst winning stakes with the “house” taking a set percentage.

Tote Return - This term is commonly used in Pool betting.  It is defined as the amount on a pool divided by the winning bet’s number.

Tout - This is someone who either sells or bargains their selections on games, races, or competition.  This person could do a job for a handicapping venture or help other sharps and professional bettors with their picks.

Trap - Name given to an enclosed starting gate utilized in greyhound racing.

Trap Number - The inside trap is generally number one with six gates.

Treble - Single bet on 3 selections in different events and in order to get a return, all three selections must be successful.

Treble bets - Refers to a bet where 3 selections are merged into one bet. For instance, if you bet on three teams to win and if all of them are successful, you win your bet.

Tricast - The most popular bet, in horse racing, where the bettor predicts which 3 horses will come 1st, 2nd, and 3rd at the end of the game. Usually, this type of bet is only available where more than eight horses run, generally a handicap race.

Trip - This term is used to depict the distance of a race.

Trixie - A bet that consists of four bets involving three selections. The bet comprises three doubles and one treble. In order to get a return, at least your two selections must be successful.

True Odds - Refers to an actual odd of winning the bet. This is considered the most precise point spread or Moneyline in sports betting.

Turf Accountant - Refers to a bookmaker, who has a license to receive bets on horse races.

U
US Odds - Also called American odds or money line odds, which are popular in the US. The odds for favorites come with a – (minus) sign that indicates the amount you have to stake to win $100. In the meantime, the odds for underdogs come with a + (positive) sign that indicates the amount won for each $100 stake.

Under - This term refers to over and under markets, wagering on a score to be under an assured number.

Under Official Starters Orders - This term is used to indicate a signal given by the official for the race to begin. Once all the horses are ready for the race, they are said to be ‘under starter’s orders’, which means the jockeys are looking for the signal from the starter to begin the race.

Underdog - A selection, which is expected to lose, for instance, in football, the underdog may refer to a lower league club playing against the higher league team.

Union Jack - A special kind of bet of 8 trebles made on nine selections, since it matches the British flag pattern, therefore named the union jack.

V
Value - The process to get the best odds or returns is called value.

Value Bet - A bet where the possibility of a given result is higher as compared to the bookmaker's odds reflect. If you place a value bet that means you are placing bets, which have a higher chance of winning the bet than implied by the bookmakers' odds.

Vigorish - Also called Vig, generally considered as one more term used for a bookmaker's margin or commission on a particular book.

Visor - Refers to the device attached to some horses for restricting their vision to a forward direction. It is designed to avoid other runners diverting the horse vision.

Void Bet - Refers to the bet which is declared unacceptable or invalid. The stake is given back to the bettor without deduction.

W
Wager - This term either means "place a wage" or "the amount being risked in a wage."

Walk over - It takes place when the only single horse finishes up running in a race as others being withdrawn prior to commencement. At that moment, that one horse will just walk across the post and collect the winnings.

Weigh In - This term is mainly used in boxing and racing, generally refers to the process of weighing a horse or boxer to ensure they are within pre-assigned weight limits decided for the competition.

Welch - Not paying off a losing bet is referred to as welch.

Win - Finishing in the first position in any event or sports.

Win / Draw / Win - Name, sometimes granted to a match betting market where there is a possibility of three outcomes.

Winning Margin - This term either refers to a physical distance or points from the winner to the loser. Also a wage forecasting by how much a contestant or a horse or a team will win by.

Winnings - Refers to the profit made from a bet, excluding the stake.

Wire-to-Wire - It is a good betting play if you trust that your team will possibly dominate the game. If your selection leads at every quarter of the game, you get rewarded as a winner.

Wise guy - Refers to a highly knowledgeable and well-informed bettor or handicapper.

With a Run - Name granted to an ante-post bet where bettors wager will be refunded if the horse does not finish up running.

Withdrawn - A selection removed before the beginning of an event, may or may not be substituted by a reserve.

Y
Yankee - A four-selection bet, consisting of eleven different bets: 6 doubles, 4 trebles, and a four-fold accumulator. It is quite like Lucky 15 but doesn't contain the 4 singles element.

Yankee Patent - Yankee with four singles included also called Lucky 15.

Yankie - A multiple bet that consists of 4 selections such as a 4 timer, 4 trebles, and 6 doubles.

Yearling - Refers to a racehorse (male or female) in its 2nd calendar year of life, starting 1st January to 31st December of the year following its birth.

Z
Zoo - The mixture of extremely different selections or contenders in one event.

About the Author
By
888sport

The 888sport blog, based at 888 Towers in the heart of London, employs an army of betting and tipping experts for your daily punting pleasure, as well as an irreverent, and occasionally opinionated, look at the absolute madness that is the world of sport.