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The glossary of Betting Terms

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Do a 'Ctrl F' search on this page as a fast way to find the betting term you want explained.

Single Bets

What is a Win Bet?

What is a Place Bet?

What is a Show Bet?

What is a Single Bet?

What is an each-way bet?

Place Terms

What are place terms?

How are place terms decided for UK horse racing?

What if I bet Each-Way and the event becomes Win Only?

Multiple bets

What is a double?

What is a treble?

What is an accumulator (or acca)?

What is a parlay?

What is a Teaser bet?

What is a Patent or Twist?

What is a Trixie?

What is a Yankee?

What is a Lucky 15?

What is a Super Yankee?

What is a Lucky 31?

What is a Heinz?

What is a Lucky 63?

What is a Super Heinz?

What is a Goliath?

Scoop 6 Explained?

Forecasts:
What is a forecast?

What is a straight forecast?

What is a computer straight forecast or CSF?

What is a reverse forecast?

What is a combination forecast?

What is a tricast?

What is a combination tricast?

Types of betting odds

What is a Starting Price or SP bet?

What  are live shows or Board Prices?

What are Early Prices?

What is Fixed Odds betting?

What is Ante-Post betting?

What is Futures betting?

What is Tote betting?

What is Pool betting?

What is Pari-Mutuel betting?

Rule 4

What is Rule 4?

Can Rule 4 apply to anything other than horse or dog racing?

Dead-Heats

What are the Dead-Heat rules?

Other types of betting

Betting Exchanges explained?

A Tricast is the same as a Straight Forecast except you are choosing the first three horses home in the correct order.

In UK horseracing tricast betting is only available in handicaps of eight runners or more and is available on most dog races.

The official return is the official industry Tricast returned dividend.

What is a combination tricast?

A combination tricast is all possible Tricast options available for your chosen selections.

For example: If you choose three horses/dogs from the same race then all possible tricast options (the combination tricast) will be six. In this case all possible Tricast combinations are covered and you will win if your three selections come 1^st and 2^nd and 3^rd in any order. That is because one of your six possible tricasts has won. To cover that possibility you are placing 6 Tricast bets.