guide to horse racing terms betting
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Guide to horse racing terms betting alternative investing msnbc

Guide to horse racing terms betting

It is run at Longchamp in Paris over a distance of 2, metres and takes place each year on the first Sunday in October. Classification of Races In both Flat and National Hunt racing, there are a series of classifications that are designed to help indicate the prestige, prize money and quality of the race.

Wrapping your head around these is vital to understanding horse racing fully. Both are split into classes from Class 1 Flat races are divided into the following: Group 1 — Races of major international importance. Group 2 — Major international races but of slightly less importance than Group 1 races. Group 3 — Important domestic races. Listed Races — Just below group races. Class 1 National Hunt races are divided into the following: Grade 1 — The best championship races, where the weight a horse carries is determined by age and sex.

Grade 2 — The weight a horse carries is determined by age and sex, but they are also made to carry more for any races they may have previously run. Listed Races — Just below graded races. After Class 1 races, we then have Class 2 through to 7, which apply to both Flat and National Hunt Racing and are based on a horses handicap rating as follows: Class 2 — Heritage Handicaps, Handicap rating of , and Class 3 — Handicap rating of and Class 4 — Handicap rating of and Class 5 — Handicap rating of and Class 6 — Handicap rating of and Class 7 — Handicap rating of So, how do handicaps work in horse racing?

What Is a Handicap Race? The speed at which a horse can gallop is affected by the amount of weight it carries, with handicap weights calculated based on the official ratings published by the British Horse Racing Authority and are expressed in imperial pounds. So, what are horse handicap ratings? Horse Handicap Ratings Explained Horse ratings represent a horse's level of ability in relation to the weight carried and are expressed in pounds lb.

The bigger the number assigned to a horse, the more capable it is considered to be. For example, a horse with a rating of would carry a total weight including jockey, saddle and irons of pounds 10stn. No horse over the age of 18 has ever won a race. The life expectancy of a horse is 30 years.

The first woman to ride in a professional race was Diane Crump. This was in at the Kentucky Derby. This was so controversial that she had to be escorted to and from the track due to fears for her safety. That is two and a half times the size of a normal horse heart. The last horse to win the British Triple Crown was in This is partly because few owners will put their best horse in the St Leger race due to fears its length may have long-lasting consequences for the horse performance-wise.

In the Grand National, only two horses made it to the finish. Frank Hayes occasionally took the saddle as a jockey between being a horse trainer and stable worker, and the only race he ever won, he did so after dying from a heart attack mid-race, with the horse carrying his body over the finish line History of Horse Racing Understanding horse betting can be made easier by first getting an idea of its history. In one form or another, horse racing has existed for as long as humans and horses have been in contact, with early records showing that horse racing took place in Ancient Rome and Ancient Greece.

UK horse racing is believed to date back to the 17th century during the reign of King James I. The sport really gained influence in the 18th century during the reign of King Charles II who established Newmarket, which today is the home of British National Stud Bloodstock, the showcase for British Thoroughbred breeding, at Rowley Mile. It was for Newmarket that The Jockey Club was established in The newly formed organisation, which is still in existence today and runs 14 British racecourses, set the rules of the sport, prevented dishonesty and set about creating a level playing field for those involved.

Thirty years later in the Epsom Derby was run for the first time, four years after the first running of the St Leger Stakes in Through the centuries, horse racing became more and more popular and, thanks to TV and the internet, it is now one of the most watched and bet on sports in the UK. What are fixed odds when wagering on horse racing? Fixed odds simply mean that the odds you have accepted, or possibly requested, are locked down for you no matter which way the market moves.

What is each-way betting in horse racing? Each-way betting in horse racing is the same as it is in all other sports. It just means your bet includes two stakes: one for the win and another for a place. Can I bet on horse racing live? You can bet live on many races; the only caveat is that Best Odds Guaranteed promotions may not apply.

What are the most popular types of horse racing? The most popular types of horse racing are flat and National Hunt races. The latter is best known for the obstacles such as fences which horses must overcome. Many of these popular races can also be streamed live. What does Starting Price SP mean? Starting Price SP refers to the betting odds on any horse at the start of the race. When you place a bet, you'll usually be given the choice of the current odds on the selection and the Starting Price.

However, most online bookmakers, especially the finest horse racing betting sites, offer best odds guaranteed BOG which means you will be paid out at the bigger price regardless. Non-runner NR is a term used when a horse will no longer be taking part in the race.

Edge A punters advantage in a bet. Evens A price of Your stake brings equal winnings: e. Favourite The shortest priced horse in the race, the market leader. Fold A fold represents the number of selections in an accumulator, a four-fold consists of 1 bet with 4 legs that all must win for a return.

Forecast A bet where the aim is to predict both the winner and runner-up in a race. A straight forecast is the winner and runner-up in the correct order. Goliath A bet consisting of bets involving 8 selections. The bet includes 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds and an accumulator. A minimum of 2 of your selections must be successful to get a return.

Hedging This involves placing a bet on opposing outcome to the punters original selected outcome in order to guarantee winnings of cut losses. Heinz A bet consisting of 57 bets involving 6 selections in different events. The bet includes 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and an accumulator. A minimum of two of your selections must be successful to get a return. In the frame Another term for a horse who has finished in the places.

In-running A bet placed during the race, as opposed to before the race begins. Joint favourite If two horses have the shortest odds in the betting, they are described as joint-favourites. Jolly A different term for the favourite in the market. Lay A bet on a horse not to win or not to place.

The opposite of backing a horse. Longshot A horse who appears to be unfancied in the market shot etc. Lucky 15 A bet consisting of 15 bets involving 4 selections in different events. The bet includes 4 singles, 6 doubles, 4 trebles, and 1 fourfold. Only one selection must win for a guaranteed return. Market Mover A selection that changes in price significantly either way, by increasing in odds drifting or decreasing in odds steaming.

Match betting A technique employed by many by using fixed odds on the exchange market. The technique covers multiple outcomes either through in-play betting or by finding differences in bookmaker odds. Multiple A bet that consists of multiple horses. This is a broad term that could refer to a simple accumulator or more complex bets like a Lucky Nap The best bet of the day for a tipster.

Odds The chance offered for a selection to win. Also known as price. Odds compiler A person who sets the odds offered by a bookmaker for any given race. Odds-against A price that is bigger than evens. Betting odds where the potential winnings are higher than the stake.

Odds-on A price that is shorter than evens. Betting odds where the stake is higher than the potential winnings if the bet is successful. On the nose Turn of phrase used to describe a narrow winning margin, often photo-finish winner. May or may not have actually won by a nose.

Overround The practice of factoring in a profit margin on the prices offered by a bookmaker. Patent A bet consisting of 7 bets involving 3 selections. Including a single on each selection, plus 3 doubles and 1 treble. Just one successful selection guarantees a return. Permutations Also known as combination bets. A permutation bet is a wager that involves a number of selections.

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