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Sure Thing A horse which a punter or tipster believes is unbeatable in a race. Sweepstakes Type of betting whereby each horse in a race is drawn out of a hat by a particular person who pays a set amount of money for the privilege of buying a horse. The people which chose the winner and placegetters will receive a percentage of the total money pool.

System A method of betting, usually mathematically based, used by a punter or bettor to try to get an advantage. The body appointed to regulate off-course betting bets made by people who are not present at the race track. Take Takeout Commission deducted from mutuel pools which is shared by the track, horsemen in the form of purses and local and state governing bodies in the form of tax. Taken Up A horse pulled up sharply by his rider because of being in close quarters.

The Jockey Club An organization dedicated to the improvement of Thoroughbred breeding and racing. Incorporated Feb. Thick'un A big bet. Ticket The betting slip or ticket which is received by the bettor from the bookmaker or totalisator, as proof of his or her wager. The ticket is necessary to collect the dividends. Ticketer US A forger of bookmakers' tickets.

Tic-Tac The secret and complex sign language used by bookmakers at racecourses to indicate movements in the price of a horse. Tierce A French combination bet in which the bettor predicts the horses that will finish 1st, 2nd and 3rd. Tips The selections chosen by an expert to bet on also known as Picks.

See 'Selections'. Tipster A person who makes selections for a race, providing tips on which horses they believe will win the first three places. Top Weight See 'High Weight'. Totalizator Totalisator The system of betting on races an automated system that dispenses and records betting tickets, calculates and displays odds and payoffs and provides the mechanism for cashing winning tickets in which the winning bettors share the total amount bet, minus a percentage for the operators of the system, taxes etc.

Synonyms: Tote, Parimutuel. Tote Totalizator. The organisation appointed to receive bets and supply dividends in proportion to the amount of the investment. A body in the UK set up to operate pool-betting on all racecourses. Tote Board The usually electronic totalizator display in the infield which reflects up-to-the-minute odds.

It may also show the amounts wagered in each mutuel pool as well as information such as jockey and equipment changes, etc. Also known as the 'Board'. Tote Returns Returns from a tote pool also known as a Dividend , calculated by taking the total stake in each pool after the take out and dividing it by the number of winning tickets. A dividend is declared to a fixed stake, for various win, place and forecast pools.

Tout Person who professes to have, and sells, advance information on a race. Also used as a verb meaning to sell or advertise. Track Condition Condition of the racetrack surface. Slow; Fast; good; muddy; sloppy; frozen; hard; firm; soft; yielding; heavy. Track Record Fastest time for a distance at a particular track. Trail Racing immediately behind another horse. A trail is also known as a sit. Trainer The person responsible for looking after a horse and preparing it to race.

A trainer must hold a license or permit to be entitled to train. Treble A bet consisting of 3 selections, all of which must win for the wager to be successful. Tricast UK See 'Trifecta' below. Trifecta A wager picking the first three finishers in exact order. Called a 'Triactor' in Canada and a 'Triple' in some parts of the U. Trifecta Box - A trifecta wager in which all possible combinations using a given number of horses are bet upon.

The sum of the formula is then multiplied by the amount wagered on each combination. Triple Also 'Treble' See 'Trifecta' above. Triple Crown Used generically to denote a series of three important races, but is always capitalized when referring to historical races for three-year-olds. Leger Stakes. Trixie A Trixie consists of 4 bets involving 3 selections in different events, i. Trotting A term for harness racing in general.

It also describes the specific gait of a trotter. It is an equestrian performance sport that allows men and women to compete together. There are many horse racing tournament formats, including steeplechasing, jump racing, endurance racing, and flat racing. Gamblers can stake their cash on the final placement of the participating horses and win millions in accumulators.

There are many things you need to pay attention to when placing a wager, but you can easily find tools that will help you get a better understanding of the betting mechanics. Probably hard to believe, but some payouts were so high and unexpected that are worth mentioning.

This world record-breaking winning streak of the Italian rider was made with his three-year-old colt, Wall Street. He is one of those faces that when he walks in a betting ring, everyone is wondering what he is going to do.

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You then subtract that amount from the total place pool amount and subtract a further 15 percent for track take out and breakage. The amount of money left over after these calculations is approximately what will be divided among the holders of winning place tickets. Keep in mind that if the favorite runs out of the money, the payoffs will obviously be higher, but what we want to calculate is the approximate minimum we would get back for our wager.

The above calculations assume that the favorite either runs first or second. If the favorite runs out of the top two spots, the place payout will be larger, simply because the money bet on the favorite to place is now available to the holders of winning place tickets.

If you really like a horse other than the favorite, and you think there is an excellent chance that the favorite can finish out of the top two spots, you may have found yourself a good opportunity to bet to place or even win-place. A solid wagering strategy, in this case, might be to bet twice as much to place as you bet to win.

If your horse fails to win but still finishes second, and the favorite runs out of the top two spots, your doubled up place bet will in all likelihood produce a decent profit. Another scenario where it pays to bet to place is when your selection, even if it happens to be the favorite, is an overlay in the place pools. For example, if 50 percent of the win pool has been bet on your selection, but only 25 percent of the place pool has been bet on your selection, you have found yourself an overlay.

In reality, finding percent overlays in the place pool is a rarity, but finding overlays of between percent is not uncommon. Waiting for and spotting these types of overlays requires great patience and a trained eye for the tote board, but they can increase your odds of making a profit and beating the percent track takeout. For example, say you like the No. You could place an exacta box wager on them and if two of those entrants come in first and second i. That way, you have all your horses covered on the order of finish.

Trifecta Similar to the exacta, a trifecta bet is also quite a popular wager among horse racing bettors and folks who bet only bet the ponies a few times a year. For this wager, the punter tries to correctly predict the exact order of finish for first, second and third place in a single race. Example: You think the No.

Should that exact combination come in, you win the bet and the payout will usually be great. Some bettors will build trifecta bets with multiple horses in a race. For example, you can pick a couple of horses that you think have a good chance to finish either first, second or third. You can use those entrants as your main horses and then add on other horses underneath to finish second or third.

For example, if a bettor likes No. That means, Nos. Trifecta Box Like with exactas, bettors can also box their trifecta bets. Meaning, if you select three horses and they finish in any order, you win the bet. Superfecta This wager is like the exacta and trifecta, but the bettor is picking the exact order of finish for the top four runners in a particular race.

Although not as popular as exactas or trifectas, some punters enjoy the high-reward nature of superfecta bets. Obviously, picking four horses to finish in the exact order is nearly impossible, so the odds for superfecta bets can get quite high.