Betting Glossary

Welcome to an A-Z guide of betting terminology!

Acceptance Leading up to the day of a horse race,…
Back or backedTo place money on a selection. For example,…
CarpetSlang for odds of 3/1. CenturySlang for £100 (also ton).…
DamThe mother of a horse. Dead heatWhere two or more…
Each wayThis is a bet which allows you to place…
FavouriteThe runner, team or competitor considered by the bookmaker to…
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