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Horse Racing Terms: A Glossary of Racing and Betting Jargon

By the MyHorseBets team · Updated · 21 min read

Bay racehorse in a sheepskin noseband beside a jockey in red and white diamond silks, two horse racing terms in one picture
On this page
  1. Betting terms
  2. Types of race
  3. The horse and its connections
  4. The going and the course
  5. Results and form
  6. Slang: horse racing terms from the betting ring

Racing has its own language. A racecard, a betting show or a tipster’s column can pack a dozen horse racing terms into a single line, and most of them are never explained. This glossary covers the words you will actually meet: the bets, the types of race, the horses and the people around them, the ground, the results and the slang you still hear in betting shops and on the rails. We have grouped the terms by subject rather than strictly A to Z, so related words sit together, and kept each definition short. Where another of our guides explains a term in depth, we give the short version here and link to it.

Betting terms

These are the horse betting terms you will see on a bet slip or hear at the course. If you want to check what a bet pays as you read, our bet calculator handles every bet type below.

Odds, prices and the market

TermMeaning
Odds (price)The chance a bookmaker offers on a selection, shown as fractional (5/2) or decimal (3.5) odds.
Fractional oddsProfit over stake. 5/2 means £5 profit for every £2 staked.
Decimal oddsThe total return for each £1, stake included. Used by the Tote and betting exchanges. 5/2 is 3.5.
Evens (even money, EVS)Odds of 1/1, or 2.0 in decimal. Your profit equals your stake.
Odds-onA price shorter than evens, such as 1/2, where the profit is smaller than the stake.
Odds-againstA price longer than evens, such as 3/1, where the profit is bigger than the stake.
FavouriteThe horse with the shortest odds in the race. Joint-favourites or co-favourites share the top of the market.
Outsider (longshot)A long-priced horse the market thinks is unlikely to win.
Short price / long oddsA short price means a likely winner and a small return; long odds mean the reverse.
Shortening / backedA horse whose odds fall because money is coming for it.
DrifterA horse whose odds lengthen because of a lack of support.
SpringerA horse whose price shortens dramatically.
Late moneyHeavy backing for a horse in the final minutes before the off.
Over-roundThe bookmaker’s margin. Add up the implied chances of every runner and the total is above 100%; the excess is the over-round.
Board pricesThe odds shown by bookmakers on course.
Betting ringThe area of the racecourse where the on-course bookmakers stand.
Ante-postBetting well before race day, often weeks or months ahead for the big races. Usually bigger odds, but your stake is normally lost if the horse does not run.
Fixed oddsYou get the odds you took when the bet was placed, whatever happens to the price later.

Our odds converter turns any fractional price into decimal odds and an implied chance, which is the quickest way to compare prices across formats.

SP and best odds guaranteed

SP stands for starting price: the official odds prevailing when the race starts. If you take “SP” instead of a fixed price, your bet is settled at whatever that turns out to be. Best odds guaranteed (BOG) is a bookmaker concession that pays you at the SP when it is bigger than the price you took; the conditions vary, so check them on the bookmaker’s site. Both are explained fully in our guide to what SP means in horse racing.

Single, each way and place terms

TermMeaning
Single (win bet, win only)One bet on one horse to finish first. Also called a bet “on the nose”.
Each way (EW)Two bets of equal stake: one to win and one to place. A £5 each way bet costs £10.
PlaceFinishing in one of the paid places (usually the first two, three or four, depending on the race).
Place termsThe fraction of the win odds paid on the place part, usually 1/4 or 1/5.
Extra placesA bookmaker offer to pay on more places than the standard terms.

The rules on how many places are paid in each type of race are set out in our guide to what an each way bet is, and our each way calculator shows the return on both halves.

Multiples and full-cover bets

A multiple combines several selections in different races, with the winnings of one carried on to the next. A double has two selections and a treble three, and all must win. An accumulator (acca) has four or more; see the acca calculator.

Full-cover bets combine a set of selections in every possible double, treble and bigger bet:

BetSelectionsBetsContains
Trixie343 doubles and a treble
Patent37A Trixie plus 3 singles
Yankee4116 doubles, 4 trebles and a four-fold
Lucky 15415A Yankee plus 4 singles
Canadian (Super Yankee)526Every multiple from doubles to the five-fold
Heinz657Every multiple from doubles to the six-fold
Goliath8247Every multiple from doubles to the eight-fold

Heinz and Goliath returns can be worked out on the main bet calculator.

Forecasts, tricasts and Tote bets

TermMeaning
Straight forecast (exacta)Pick the first and second in the right order.
Dual forecastPick the first and second in either order.
Reverse forecastTwo straight forecasts covering both orders of the same pair. Our forecast calculator works out the cost and return.
Tricast (trifecta)Pick the first three in the right order. Covered in our guide to how to bet a trifecta.
TotePool betting, introduced in Britain in 1929. Stakes go into a pool and the dividend is shared among the winning tickets.
DividendWhat a Tote bet returns per unit staked.
PlacepotA Tote bet on picking a placed horse in each of the first six races at a meeting. See our placepot guide.
JackpotA Tote bet on picking the winners of a run of races at a meeting.

Back, lay and the exchanges

To back a horse is to bet on it to win. To lay is to take the bet: a bookmaker lays every bet you place, which is why bookmakers are sometimes called layers. On a betting exchange such as the Betfair Exchange, punters can lay horses to each other, and the exchange charges commission on net winnings. All of this is explained in our guide to lay betting.

Rule 4, non-runners and deductions

A non-runner is a horse that was declared to run but is withdrawn. If it goes too late for the market to be re-formed, Tattersalls’ Rule 4 reduces the winnings on bets placed before the withdrawal, by a number of pence in the pound that depends on the withdrawn horse’s price. The stake is never reduced. Our Rule 4 calculator works out the deduction.

Nap and NB: what is a nap in horse racing?

A nap is a tipster’s best bet of the day: the one selection they are most confident about. Newspaper tipsters typically give a nap for the day’s racing, and many also give an NB, which stands for “next best”, their second most confident selection. So the short nap meaning is simply “the tipster’s strongest tip today”.

The word comes from the card game Napoleon, usually shortened to Nap. In the game, each player is dealt five cards and bids to win tricks; a bid of “nap” commits to winning all five. “Going nap” came to mean staking everything on one hand, and racing tipsters borrowed it for the selection they would put the most on.

Nap tables, which rank tipsters by their naps over a season, usually assume a £1 level stake on each nap. As a worked example, say a tipster’s nap wins at 5/2 and the NB loses. To a £1 stake each, the nap makes £2.50 profit, the NB loses £1, and the tipster is £1.50 up on the day. If the nap had been beaten too, the day would show a £2 loss. A nap is an opinion, not a guarantee, and many naps are short-priced favourites.

Bar, banker and other betting words

TermMeaning
BarIn a betting show, the price of every horse not individually quoted. “4/1 bar two” means 4/1 for any horse except the first two named.
BankerA selection a bettor or tipster thinks is very likely to win, often used as the fixed leg of a multiple.
BookA bookmaker’s record of bets on a race.
ReturnThe total paid on a winning bet, stake included.
PunterSomeone who places a bet.
In-runningBetting on a race while it is being run.

Types of race

Flat and National Hunt

British racing has two codes. Flat racing is run without obstacles, over distances from 5 furlongs to just over 2 miles 5 furlongs. National Hunt racing, officially called Jump racing, is run over hurdles or fences at distances from 2 miles up to about four and a half miles. A furlong is 220 yards, or one eighth of a mile, so a 5 furlong sprint is 1,100 yards and a mile race is 8 furlongs.

TermMeaning
HurdleA race over hurdles, the smaller obstacles on a jumps course. A horse that runs in them is a hurdler.
Chase (steeplechase)A race over fences, which can include open ditches and water jumps. A horse that runs in them is a chaser.
BumperA National Hunt flat race: a Flat race run under Jump rules, usually over about two miles, used to educate young horses before they jump.
Point-to-pointSteeplechasing for amateur riders.
All-weather (AW)Flat racing on an artificial surface rather than turf.
SprintA short Flat race, typically five or six furlongs.
Middle distanceFlat races from beyond a mile up to about 1 mile 6 furlongs.
Staying raceA Flat race of two miles or more. A staying chaser races over three miles or more over fences.
Minimum tripThe shortest race distance: 5 furlongs on the Flat, 2 miles over jumps.
TripAnother word for the distance of a race.

What is a maiden race?

A maiden is a horse that has not yet won a race. A maiden race is open only to such horses, so every runner is chasing its first win. Maidens are where most Flat horses start, and the form can be hard to read because many runners have little or no racing record. Once a horse wins, it is no longer a maiden and moves on to novice, handicap or higher-grade races.

Novice and juvenile races

A novice on the Flat is a horse in the early stages of its career; novice races are generally restricted to horses that have won no more than twice or have only run a few times. Over jumps the definition is different: a novice hurdler is a horse that had not won a hurdle race before the start of the current season, and it keeps that status until the season ends, however many races it wins. Novice chasers work the same way over fences.

A juvenile is a two-year-old, and juvenile races are for two-year-olds. Ages count from an official birthday: every thoroughbred in the Northern Hemisphere turns a year older on 1 January, whatever its real foaling date. A juvenile hurdler is the youngest category of jumper. A nursery is a Flat handicap for two-year-olds.

Handicaps, conditions, claiming and selling races

TermMeaning
HandicapA race in which each horse carries a different weight, set by the official handicapper, to give every runner an equal chance. Explained in our guide to handicap horse races.
Conditions raceA race where extra weight is allocated by set conditions, such as age, sex and previous wins, rather than by rating.
Level weightsEvery horse carries the same weight.
Weight for ageThe official scale of weight allowances that lets younger horses race against older ones on fair terms.
Claiming race (claimer)A race in which each horse’s weight depends on the price its connections put on it, and runners can be bought (“claimed”) for that price.
Selling race (seller, selling plate)A low-class race after which the winner is offered at auction. A horse that runs in them is a selling plater.
WalkoverA race with only one runner.

Race classes: Class 1 to Class 7

British races are graded in seven classes, from Class 1 at the top to Class 7 at the bottom. Classes 2 to 7 are mostly handicaps split into bands by official rating. Class 1 holds the best races in the calendar:

TermMeaning
Pattern racesThe grading system for the most important races: Group 1, 2 and 3 on the Flat, and Grade 1, 2 and 3 over jumps. Group 1 and Grade 1 are the highest level.
Listed raceThe level just below Group or Grade races.
ClassicOne of the historic major Flat races for three-year-olds, such as the 2000 Guineas and the Derby.
Triple CrownA series of three prestigious races for colts or for fillies.
GuineasShorthand for the 1000 Guineas and 2000 Guineas.

The horse and its connections

The horse

TermMeaning
ThoroughbredThe breed of horse used for racing, registered in the General Stud Book kept by Weatherbys.
FoalA horse from birth until the following 1 January.
YearlingA one-year-old horse.
ColtA young male horse, up to four years old.
FillyA young female horse, up to four years old.
MareA female horse aged five or over. A broodmare is one kept at stud for breeding.
GeldingA castrated male horse.
Stallion (entire)A male horse used for breeding. An entire is any male that has not been gelded.
SireThe father of a horse.
DamThe mother of a horse.
DamsireThe sire of the dam: the horse’s maternal grandfather.
HandThe unit for measuring height at the shoulder: four inches.
Sprinter / stayerA horse best at the shortest distances, or at long distances.
Front-runnerA horse that tries to lead and stay in front for as long as possible.
GreenImmature or inexperienced; a green horse may run about or hang.
BackwardNot yet fully developed or fit.
Dark horseA horse with more ability than it has yet shown.

Headgear and equipment

TermMeaning
BlinkersA hood with cups around the eyes that limits what the horse can see to the side and behind.
VisorLike blinkers, but with a slit in each cup that allows some sideways vision.
CheekpiecesStrips of sheepskin fixed to the side of the bridle.
Tongue tieA strap tied around the tongue to stop the horse swallowing it during a race.
Silks (colours)The jacket worn by the jockey, registered to the owner, which identifies the horse.
Weight clothA cloth with pockets for lead weights, placed under the saddle so the horse carries its allotted weight.

Connections, jockeys and officials

Connections are the people behind a horse, chiefly the owner and the trainer. The trainer prepares the horse at the yard, and a stable’s runners together are its string. When a stable runs two horses in a race, its first string is the main chance and the second string the other.

TermMeaning
ApprenticeA young Flat jockey learning under a licensed trainer.
Conditional jockeyThe Jump racing equivalent of an apprentice.
Claimer / allowanceA young or inexperienced rider who “claims” a weight allowance, typically 3lb, 5lb or 7lb, which reduces as they ride more winners.
AmateurA rider who takes no fee, shown on the racecard with a title such as Mr or Miss.
Jocked offReplaced by another jockey on a horse.
StewardAn official in overall charge of the meeting, including discipline. Stipendiary stewards are professional officials employed by the British Horseracing Authority (BHA).
Clerk of the courseThe racecourse official responsible for the overall management of the raceday.
Clerk of the scalesThe official who weighs riders before and after each race.
JudgeThe official who declares the finishing order and the distances between horses.
StarterThe official who starts the race.
HandicapperThe official who sets ratings and the weights in handicaps.

The going and the course

The going

The going is the condition of the racing surface, and every racecourse publishes an official going description. These horse racing terms matter for betting because many horses only show their best on certain ground. Britain uses seven official descriptions on turf and five on the all-weather:

Turf (firmest to softest)All-weather (fastest to slowest)
HardFast
FirmStandard to fast
Good to firmStandard
GoodStandard to slow
Good to softSlow
Soft
Heavy

In Ireland, good to soft is called yielding. The GoingStick is a handheld penetrometer, designed by Cranfield University and TurfTrax, that measures how firmly the ground resists a probe; British courses have been required to publish its readings on raceday since 2009, alongside the official going. When rain softens the ground, horses that like it are said to want “cut in the ground”.

The course

TermMeaning
Left-handed / right-handedA course run anti-clockwise or clockwise.
Home straightThe straight from the final bend to the winning post.
Back straightThe straight on the far side of the course from the stands.
The distanceAn unmarked point 240 yards from the winning post.
DrawA horse’s starting stall position in Flat races. On some courses a high or low draw is a real advantage.
StallsThe starting gates used on the Flat.
Open ditchA steeplechase fence with a ditch on the take-off side.
Paddock / parade ringWhere the horses are saddled and paraded before the race.
HeadquartersNewmarket, the traditional home of Flat racing.

Results and form

The finish

TermMeaning
Under starter’s ordersThe moment the race is about to start and the runners are under the starter’s control.
OffThe race has started.
Photo finishA finish too close to call by eye, settled by the photograph.
Dead heatA tie for a position. Bets on a dead-heated horse are normally settled by halving the stake at full odds.
Blanket finishSeveral horses finishing so close together you could cover them with one blanket.
Stewards’ enquiryA hearing held by the stewards into the running of a race. The placings can be changed afterwards.
ObjectionA complaint lodged by a jockey against another runner over how the race was run.
DisqualificationA horse placed lower in the finishing order for breaking the rules.
Weighed inThe official announcement after the jockeys are weighed that confirms the result. For bookmakers, it settles the race.

Winning distances

Margins between horses are measured in lengths and fractions of a length. In Britain the official margins, from smallest up, are nose, short head, head, short neck, neck, half a length, three-quarters of a length, then lengths. In Ireland a margin of more than 30 lengths is recorded as a “distance”, while in Britain margins are recorded up to 99 lengths.

Running and falling

TermMeaning
Pulled upThe jockey stops riding the horse before the finish and it does not complete the race.
FellThe horse fell at an obstacle.
Unseated riderThe jockey came off without the horse falling.
Brought downThe horse was knocked over by another faller.
On the bridleRunning comfortably, still pulling against the bit.
Off the bridleBeing pushed along by the jockey.
Won on the bridle / hacked upWon easily, without being asked for full effort.
Turn of footThe ability to quicken in the closing stages.
Staying onFinishing strongly, a sign of stamina.
One-pacedUnable to quicken at the end of a race.
Boxed inTrapped behind other horses with no room to get out.
Non-trierA horse deliberately prevented from running to its full ability, which breaks the rules.

Form and ratings

Form is a horse’s record in previous races. On a racecard it is summarised in form figures: digits for finishing positions plus letters such as F (fell), P (pulled up) and U (unseated rider). An official rating is the BHA handicapper’s measure of a horse’s ability in pounds, and it decides the weight it carries in handicaps. A penalty is extra weight for a recent win, and a horse that is “well in” is well treated by the weights. Reading all of this properly is covered in our guide to how to read horse racing form.

Slang: horse racing terms from the betting ring

Racing slang grew up in the betting ring, much of it from tic-tac, the hand-signal language bookmakers used to pass prices along the course. Tic-tac men wore white gloves so their signs could be seen, and the system was a common sight on British racecourses until mobile phones replaced it around the turn of the century. Many of these horse racing terms slang words survive in betting shops and commentary.

The favourite and the outsiders

The jolly is the favourite. A rag is an outsider that the market gives little chance. A bismarck is a favourite the bookmakers expect to lose and are therefore happy to lay. A “sure thing” is a horse thought to have little chance of losing, which, as every punter learns, is not the same as a horse that cannot lose.

Odds slang

SlangOdds
Wrist5/4
Bottle2/1
Carpet3/1
Burlington Bertie100/30 (10/3)
Cockle10/1
Double carpet33/1

Burlington Bertie is rhyming slang for “a hundred to thirty”, the traditional way of saying 10/3. A £10 bet at Burlington Bertie returns £43.33: £33.33 profit (£10 x 10/3) plus the £10 stake, which is decimal odds of about 4.33.

Money slang

SlangAmount
Lady Godiva£5
Cock and hen£10
Pony£25
Bull’s eye£50
Ton£100
Monkey£500

So “a monkey on the jolly” is £500 on the favourite, and “a pony each way” is £25 each way, £50 in total.

Everyday racing phrases

PhraseMeaning
Go through the cardBack or tip the winner of every race at a meeting.
Spread a plateA horse loses or damages a shoe (racing plate) before the race.
Over the topA horse past its peak for the season after too much racing or training.
At the postAll the runners have arrived at the start.
Going downThe horses are on their way to the start.

For a fuller list from racing itself, the Jockey Club publishes a racing glossary that covers many of the same words, and our horse racing glossary is built to sit alongside it with the betting side explained. If you are new to all of this, our guide to how to bet on horses puts these words to work step by step.

Betting always carries a risk of loss and no tipster, system or staking plan can guarantee a profit. Only stake what you can afford to lose, and set a budget before you start. Gambling responsibly.

Frequently asked questions

The ones you meet first are the going (the ground conditions), the favourite, each way, SP (starting price), handicap, maiden, novice and the furlong, which is an eighth of a mile. Racecards add form figures, official ratings and headgear codes, and the betting ring adds its own slang.

The jolly is the favourite and a rag is an outsider. Odds have nicknames from tic-tac, such as bottle for 2/1 and carpet for 3/1. Money has them too: a pony is £25, a ton £100 and a monkey £500.

It is named after Napoleon, or Nap, a five-card trick-taking game. Bidding nap meant promising to take all five tricks, so going nap came to mean backing your judgement to the full. Tipsters adopted it for their most confident selection of the day.

Nap is a tipster's strongest selection of the day and NB is short for next best, the second strongest. Tipster tables usually record both to a notional £1 level stake so readers can see whether following them would have shown a profit.

A bismarck is a favourite that bookmakers believe will lose, so they are happy to take bets on it. It is the opposite of a banker, the selection a punter thinks is almost certain to win. Bookmakers are not always right, so a bismarck can still win.

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