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If you've got anything that you think should be added to this list, feel free to tweet me InplayMan and tell me and I'll happily put it on the list. Back - to "back" a bet means to bet on the outcome happening. Cover - if you backed Over 2. DC - means double chance, backing a team to either win or draw a game. Drift - when the price of your selection gets bigger over time. Double - two selections that both need to win for your bet to win. Each Way - consists of 2 bets, the first half is for your selection to win, the second half is for your selection to place and will be paid out in accordance with the bookies place terms.
Favourite - the most likely outcome of an event according to bookmakers. Google - a website which can be used to find the answers to things. Handicap - a way of creating value in bets by either giving a team a goal or more headstart or starting from a losing position. Man City -1 Handicap would mean they need to win by 2 or more.
Inplay - betting on a selection that is happening now and live. Lay - the opposite of backing a bet is to "lay" it or to bet against a particular outcome. Longshot - an outsider that is deemed to have less chance of winning by the bookmakers. Lump - the act of putting a larger than normal bet on a selection. Not reccommended, see my article on Staking Plans. MG - Match Goals - the total number of goals in a match.
Exotics include the Quinella, Exacta, Trifecta or Quaddie. False Favourite: A horse that is favourite to win a race but it is hard to justify why that is the case. Fav backer: A term reserved for punters who only invest their money the favoured runner in a race. A degrading term that suggests the punter has little knowledge.
Feature Race: The race with the highest status on the card and often the day may be aimed after that particular race Melbourne Cup Day. Fixed Odds: A bet type where yo place a bit on a horses price on the fixed market and, they are the odds and return you will receive, not matter of the horses fluctuations from here on. Furlong: Many trainers and jockeys use the saying 'furlong' meaning m. Good: Ideal condition for a course that tracks for flat racing are expected to be prepared on.
Fast but not punishing. Handicap: Weight assigned to a horse to ensure that all horses have an equal chance of winning. This is based on a handicap rating system which is published by Racing Victoria stewards and handicappers. Heavy Track: Typically a heavier track comes about from inclement weather.
Very wet and slow racing conditions. IWAC or In With a Chance: A term used by bookies to denote an outsider or a horse not the betting frame that they believe has the potential to win the race. Judge: Race official who declares the final finishing order of a race and prints any photo finshes. Knocked Up: A term used when a horse is out of energy or has endured a hard run and has tired.
Late Mail: Information received about a horses chances just prior to the race beginning. Late Scratching: A term used for a horse that is scratched on the day of the race, or just before the race begins. Lay: A wager on a horse not to win the race. Many punters lay the favourite and find some value in the race. Length: A margin of victory or defeat in a race.
Refers to the entire length of the horse. Listed Race: Next classification in race quality after Group 1, 2 and 3. Still classed as a 'stakes' race. Maiden: A horse that has never won a race. Also refers to a race where all the entrants are yet to win a race. Middle Distance: A race that is longer than a sprint, but shorter than a staying race, generally considered as all races between one mile and m.
Mounting Yard: The area in which horses are paraded around before the races, so punters and owners can see the condition the horse is in. Jockeys will also mount the horse in this area. Mug Punter: A term reserved for someone who has no idea what they are doing but has a bet anyway. Near-Side: The left-hand side of the horse that is used by the jockey for mounting and dismounting. The right-hand side is called the Off-side. Nose: The smallest margin in racing. Noseroll: A piece of gear attached to the bridle of a horse and is often called a shadow roll.
It is a sheepskin roll used to get the horse to hold its head lower in running or to limit the horses ability to see any shadows on the ground. Oaks: Many races are called by Oaks combined with some descriptive term indicating the place or time a race is held that is run under stakes conditions for three-year-old fillies over a longer distance. On The Bob: When two horses are fighting out a finish and one horse gets it's head down on the line while the others is going up.
Pacifier: A device worn on the head by horses that protects the eyes and also helps high-spirited thoroughbreds to calm down. Paddock: A term used by trainers and owners to say their horse is going for a spell. Parlay: A cumulative bet where winnings are carried forward to the next race or some other race.
Requires the punter to pick two or more runners to win or place. Photo Finish: When a race is so tight that a winner cannot be determined from the real-time footage alone, the result will go to a photo finish, which is a print of the finish line as the horses cross. Place: A place bet is an investment on a horse to finish in the the tp three placings. The horse does not have to win, it just needs to run 1st, 2nd or 3rd.
Protest: The process in which a jockey, trainer or owner will argue the outcome of a race, claiming interference by another horse. If the protest is upheld, the finishing order is reversed, placing the guilty horse directly behind the horse that was interfered with.
If the protest is dismissed, the original result is declared legitimate. Any time a horse is impeded or a jockey is negligent with his or her riding, a protest is to be expected. Quadrella: A bet type that is placed on the last four races of a card, or the four races leading up to the last four early quadrella.
Also referred to as a 'quaddie'. Racing Plates: Lightweight horseshoes applied by a farrier on race day that need only last for the race. Restricted: Rules for races where only horse of a certain age, rating or eligibility may race. Scratching: A horse is taken out of a race. Can cause some serious controversy, as well as chaos affecting the odds of a race. Soft: Track conditions that are wetter than a good surface, bit drier than a heavy surface.
In betting, especially on Twitter where there are character limits there's a plethora of abbreviations that if you're new to betting can be difficult to understand. Here's a quick glossary of some betting terms to help you understand the various terms used on social media by tipsters:. If you've got anything that you think should be added to this list, feel free to tweet me InplayMan and tell me and I'll happily put it on the list. Back - to "back" a bet means to bet on the outcome happening.
Cover - if you backed Over 2. DC - means double chance, backing a team to either win or draw a game. Drift - when the price of your selection gets bigger over time. Double - two selections that both need to win for your bet to win.
Each Way - consists of 2 bets, the first half is for your selection to win, the second half is for your selection to place and will be paid out in accordance with the bookies place terms. Favourite - the most likely outcome of an event according to bookmakers. Google - a website which can be used to find the answers to things. Handicap - a way of creating value in bets by either giving a team a goal or more headstart or starting from a losing position. Man City -1 Handicap would mean they need to win by 2 or more.
Inplay - betting on a selection that is happening now and live. Lay - the opposite of backing a bet is to "lay" it or to bet against a particular outcome. Longshot - an outsider that is deemed to have less chance of winning by the bookmakers. Lump - the act of putting a larger than normal bet on a selection.
Particularly for investors who are looking at the long horizon, buying stocks is less risky than short-selling the market. Short selling does make sense, however, if an investor is sure that a stock is likely to drop in the short term. For example, if a company is experiencing difficulties and could miss debt repayments. Day Trading. Stock Trading. Your Money. Personal Finance. Your Practice. Popular Courses. Short selling is riskier than going long on a stock because, theoretically, there is no limit to the amount you could lose.
Speculators short sell to capitalize on a decline while hedgers go short to protect gains or minimize losses. Short selling, when it is successful, can net the investor a nice profit in the short term as stocks tend to lose value faster than they appreciate. Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation.
Related Articles. Bond Market. Buy a Put! Day Trading Short selling basics. Partner Links. Related Terms Short Selling Short selling occurs when an investor borrows a security, sells it on the open market, and expects to buy it back later for less money.