Horse Betting Terms 

Here are some terms to help make things easier:

Boxed Bet - this can be used in during a trifecta, exacta, or a superfecta and it is when the bettor bets all the different combinations of a bet. For example, with an trifecta there are 6 different combinations so a $2 bet would cost $12 to cover all 6 possibilities.

Bridge Jumper - a person who bet a very large sum of money on a single horse.

Chalk Player- a person who always bets on the the horse with the best odds

Field Horse - two or more horses are put together as a single bet

Form Player - a person who uses a horses' old records to help in placing a current bet

Handicap - helps the races become more equal by applying a certain weight to each horse. There are certain events that follow this form of racing.

Juice - the amount of the money that the bookmaker makes off of others bets

Long Odds- usually referred to for a horse with odds greater than 10:1

Maiden - a horse that has never won a race

On- is when the odds of a horse will not even let the bettor break even. For example, a horse with 2:3 odds.

On the Nose - betting a horse to only win

Overlay - a horse having higher odds than it appears to have because of how it did in past events

Parimutuel- dividing up all the the money bet amongst those who have winning tickets

Parlay- occurs when a bettor wins a profit and then spends that profit towards another bet.

Pick 6 or (more)- just like a Pick 3 or 4 except the bettor will pick the winner for all races during that day.

Scratch - a horse that is taken out of the race prior to it beginning.

Take - the amount of money taken out by the government in the form of a tax.

Tout - a person who sells information about a given race.

Wager - bet

More Horse Betting Articles:

Common Horse Bets	Horse Betting Systems
Horse Betting Tips	Horse Betting Terms
Online Horse Betting