Horse Betting Terms for Beginners Part 2

So we’ve run through the first part of the terms and hopefully no one’s a bridge jumper yet. Here we will go over more advanced terms.

Colt: Un-gelded Male horse that’s 4 years or below.

Combination Bet: Combinations cover from two to four horses to win in chosen order.

Crow’s Nest: This is a place where race officials, announcers and judges observe the horse race. It provides a high vantage point for seeing things completely and conveniently.

Daily Double: This is a horse betting bet where a person picks the winning horse in two consecutive races.

Dead Heat: A tie between 2 or more horses at the finish of a race. Races with photo finishes can usually be broken into 1st, 2nd and 3rd place finishers but there are times a tie is declared.

Drifter: A horse whose odds become longer and longer, meaning that a potential win would reap more money, because no is betting on the horse in the pari-mutuel pool.

Eclipse Awards: Pretty much the Oscars for race horses, this award honors top horses, trainers and owner in various superlatives at the end of a thoroughbred season.

Exacta: Also called a perfect bet, the horse bettor is picking the first and second consecutive horses in a race. This is one of the bet types that make horse racing exciting and fun.

Exposure: Amount of money the player or book stands to lose on any race or action.

Field Horse: Two or more horses running as a single betting unity when there are more entrants than positions on the tote board.

Fractional Time: Sometimes called as “Intervals” or “Splits”. This is the intermediate times recorded in a race, sometimes by quarter pole.

Future: At the start of each season, the sportsbooks give out odds for horses to win a certain event. The odds change as the race date approaches.

Gelding: A castrated male horse betting

Graded Race: In North America there are classifications of a horse race event typically seen as grade 1,2 or 3.

Holding Your Own: After a single race or any sort of races, a bettor who breaks even.

In the Money: A horse who took the positions as first or second or third at the end of the race.

Inquiry: The review done on a horse race in order to see if there were any rules or regulations that were broken.