Horse racing

Horse racing

Also called equestrian sport. There are three types of horse racing: flat field racing; steeplechasing or racing over jumps; and harness racing, where horses trot or pace while pulling a driver in a small cart known as a sulky. Horse racing is closely associated with gambling generating a worldwide market of well over U.S. $100 billion.

Industry: Sports

Add a new term

Contributors in Horse racing

Become a Contributors

Horse racing

odds-against

Sports; Horse racing

Where the odds are greater than evens (e.g. 5 to 2). When the bookmaker's or totalisator's stake is greater than the bettor's stake. For example, a horse that is quoted at 4:1 would be odds ...

odds compiler

Sports; Horse racing

Same as 'Oddsmaker' below.

oddsmaker

Sports; Horse racing

A person who sets the betting odds. (Sportsbooks or Bookies don't set the odds. Most major sportsbooks use odds set by Las Vegas oddsmakers. )

odds man

Sports; Horse racing

At tracks where computers are not in use, an employee who calculates changing odds as betting progresses.

odds-on

Sports; Horse racing

Odds of less than even money. This a bet where you have to outlay more than you win. For example if a horse is two to one Odds-On, you have to outlay two dollars to win one dollar and your total ...