Basic Horse Racing Terms Bookies Must Know

With horse racing raising its popularity, every bookie should know the basics when it comes to betting options and betting terminology. Below we have put together a quick glossary of basic horse betting related terms to keep you at on top of your game.

• Accumulator: This bet involves multiple horses with the winnings from each selection being transferred to the next.
• Allowance: This happens when a weight concession is given to the horse to compensate the inexperience of the rider.
• Ante-Post: When a bet is posted in advance of the date of a race, however it doesn’t include the date itself.
• Banker: Often the cornerstone of combination bets, a Banker is a selection that is fancied very strongly.
• Bar: The lowest offs of the horses that aren’t being included in the betting forecast.
• Birthday: Despite of their actual date of birth, all northern hemisphere thoroughbreds have their birthday set on January 1^st.
• Board Prices: This makes reference to the available odds displayed on the boards. This is where the starting price is consequent.
• Bumper: This is rather an informal term to define flat race for jump horses.
• Colt: Male horses of up to four years old that have been ungelded.
• Course Specialist: When a horse has either won or made a good time on previous races.
• Draw: Makes reference to the place a horse is given on the starting stalls, these numbers are usually drawn at random on flat racing exclusively.
• Drift: When a selection lacks support, its price of selection tends to gets bigger, therefore calling the selection “on the drift”.
• Filly: This makes reference to female horses of up to four years of age.
• Foal: All horses (either female or male) are called foals from birth to January 1^st of the following year.
• Furlong: Is the equivalent of 220 yards.
• Green: This makes reference to inexperienced horses.
• Handicap: When all the horses are given different weight to carry is considered a handicap, because in theory all horses should run on an equal basis.
• Joint Favorite: This happens when it’s not possible to split two selections for favoritism.
• Listed: This is a race considered below group standards but still above the handicap and conditions races.

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