What Does Show Mean In Horse Racing
Across the board: A bet on one horse to win, place, and show. Allowance or Allowance Race: A non-claiming event in which the racing secretary conditions weight allowances based on previous purse earnings and/or types of victories. Also Eligible or 'AE': Horses entered into the field that will not run unless other horses are scratched. Apprentice Jockey: A student jockey that will receive a.
What is a Show Bet?
- A horse that is in it’s second calendar year of life and is too young to race yet. A going description used in Ireland to describe ground that is on the soft side. If there are any horse racing terms or abbreviations you are unsure about that aren’t covered above let us know and we will add them.
- Trainer form – If a trainer has been firing in the winners in the last fortnight, don’t be quick to write.
When you bet to show your horse must finish first, second or third in order for you to cash a ticket.
The problem with show betting is that while your risk is reduced (you cash a ticket if your horses finishes anywhere in the top three positions), the payoffs are often very small when compared to win or place betting. This is because the show pool (all money wagered to show on a race minus the track takeout) must be divided equally and paid out to the holders of show tickets on the first three finishers in a race.
Additionally, the payoffs on show bets are dependant on which horses finish in the top three positions. If the favorites run out of the top three positions, the show payoffs will normally be higher than if the favorites finish in the first three positions.
There are a few situations, however, when show betting can be either justified or just plain fun.
The first situation occurs when a race includes one short-priced favorite and ALL other runners in the race are longshots. In this scenario, the favorite will sometimes pay as much to place and show as it does to win.
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The second situation in which show betting can offer a good payoff is when you really like a horse to win, and you think the favorite or favorites can finish out of the money. In this case, you have reduced your risk by betting to show while also having the opportunity for a decent payoff. In this scenario, betting your selection across the board (win, place, and show) might also be a reasonable option.
One of the most popular low-risk show wagering strategies (and the most fun), is to play a show parlay. Starting with whatever amount you are comfortable with, you play a horse to show. If your horse finishes in the first three, you take all the winnings and bet them back on the next race to show. You’d be surprised how quickly this can add up to a substantial amount.
For example:
In the first race of your parlay you bet a horse to show, and it finishes in the top three and returns $3 for a $2 show bet. If you had wagered $10 to show, you would now have $15.
In the second race you bet your $15 to show and your horse finishes in the first three, returning $2.80 for a $2 show wager, and increasing your bankroll to $21 (7.5 * 2.80). You have now doubled your original $10 stake.
In the third race you bet your $21 to show and your horse finishes in the first three and returns $3.60 to show. You now have $37.80 (10.5 * $3.60).
In the fourth race you bet $37 to show, and your horse again finishes in the first three. You’re on a roll! This time your horse pays $3 to show for a $2 wager, and you have increased your original $10 to $55.50 (18.5 * $3). If you keep going it won’t be long before you have increased your initial stake of $10 to over $100.
The best way to play a show parlay is to set a reasonable goal of how much you want to win and to keep betting the show parlay until you get there. You then start over. If you don’t make it to your goal on the first try, you have only lost $10.
Show parlays are affordable, fun and can be lucrative. They give you action on every race at a very low cost and the closer you get to your monetary goal, the more the tension and excitement builds.
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What Does Win Place Show Mean In Horse Racing
- Abandoned
- A race meeting which has been cancelled because a club did not receive sufficient nominations to be able to stage it, or because of bad weather which made racing on the track unsafe. All bets placed on abandoned races are fully refunded.
- Acceptor
- A runner officially listed to start in a race.
- Accumulator
- (Also, Parlay) A multiple bet. A kind of 'let-it-ride' bet. Making simultaneous selections on two or more races with the intent of pressing the winnings of the first win on the bet of the following race selected, and so on. All the selections made must win for you to win the accumulator.
- Across The Board
- (See 'Place') A bet on a horse to win, place or show. Three wagers combined in one. If the horse wins, the player wins all three wagers, if second, two, and if third, one.
- Age
- All thoroughbreds count January 1 as their birth date.
- Ajax
- UK slang term for 'Betting Tax'.
- All-age Race
- A race for two-year-olds and up.
- All Out
- A horse who is trying to the best of his ability.
- Allowances
- Reductions in weights to be carried allowed because of certain conditions such as; an apprentice jockey is on a horse, a female horse racing against males, or three-year-olds racing against older horses.
- All Weather Racing
- Racing that takes place on an artificial surface.
- Also Ran
- Any selection not finishing 1st, 2nd, 3rd or 4th in a race or event.
- Ante Post
- (Also, Futures) Bets placed in advance predicting the outcome of a future event. Ante-post prices are those on major sporting events, usually prior to the day of the event itself. In return for the chance of better odds, punters risk the fact that stakes are not returned if their selection pulls out or is cancelled.
- Apprentice
- A trainee jockey. An apprentice will usually ride only flat races.
- Approximates
- The approximate price a horse is quoted at before a race begins. Bookmakers use these approximates as a guide to set their boards.
- Arbitrage
- Where a variation in odds available allows a punter to back both sides and guarantee a win.
- ART
- Artificial Turf.
- ATS
- Against The Spread.
- AWT
- All weather track.
- Baby Race
- A race for two-year-olds.
- Back
- To bet or wager.
- Backed
- A 'backed' horse is one on which lots of bets have been placed.
- Backed-In
- A horse which is backed-in means that bettors have outlaid a lot of money on that horse, with the result being a decrease in the odds offered.
- Back Marker
- In a standing start event, which is handicapped, the horse who is given the biggest handicap is known as the backmarker.
- Backstretch
- The straight way on the far side of the track.
- Back Straight
- The straight length of the track farthest away from the spectators and the winning post.
- Backward
- A horse that is either too young or not fully fit.
- Banker
- (Also, Key) Highly expected to win. The strongest in a multiple selection in a parlay or accumulator. In permutation bets the banker is a selection that must win to guarantee any returns.
- Bar Price
- Refers to the odds of those runners in a race not quoted with a price during early betting shows. The bar price is the minimum odds for any of those selections not quoted.
- Barrier
- (Also, Tape) A starting device used in steeple chasing consisting of an elastic band stretched across the racetrack which retracts when released.
- Barrier Draw
- The ballot held by the race club to decide which starting stall each runner will occupy.
- Bat
- (Also, Stick) A jockey's whip.
- Beard
- (US) - A friend or acquaintance or other contact who is used to placing bets so that the bookmakers will not know the identity of the actual bettor. Many top handicappers and persons occupying sensitive positions use this method of wagering.
- Bearing In
- (Out) - Failing to maintain a straight course, veering to the left or right. Can be caused by injury, fatigue, outside distraction, or poor riding.
- Beeswax
- UK slang term for betting tax. Also known as 'Bees' or 'Ajax'.
- Bell Lap
- In harness racing, the last lap of a race, signified by the ringing of the bell.
- Bet
- A transaction in which monies are deposited or guaranteed.
- Betting Board
- A board used by the bookmaker to display the odds of the horses engaged in a race.
- Betting Ring
- The main area at a racecourse where the bookmakers operate.
- Betting Tax
- Tax on a Bookmaker's turnover. In the UK this is a 'Duty' levied on every Pound wagered. Common methods of recouping this by the punter are to deduct tax from returns (winnings) or to pay tax with the stake/wager. In the latter case, no tax is deducted from the punter's winnings.
- Bettor
- (US) - Someone who places or has a bet. A 'Punter' in the UK.
- Beyer Number
- A handicapping tool, popularized by author Andrew Beyer, assigning a numerical value to each race run by a horse based on final time and track condition. This enables different horses running at different racetracks to be objectively compared.
- Bismarck
- A favourite which the bookmakers do not expect to win.
- Blanket Finish
- When the horses finish so close to the winning line you could theoretically put a single blanket across them.
- Blind Bet
- A bet made by a racetrack bookmaker on another horse to divert other bookmakers' attention away from his sizeable betting on his/her main horse thus to avoid a shortening of the odds on the main horse.
- Blinkers
- A cup-shaped device applied over the sides of the horse's head near his eyes to limit his vision. This helps to prevent him from swerving away from distracting objects or other horses on either side of him. Blinker cups come in a variety of sizes and shapes to allow as little or as much vision as the trainer feels is appropriate.
- Board
- Short for 'Tote Board' on which odds, betting pools and other race information are displayed.
- Bomb
- (er) - A winning horse sent off at very high odds.
- Book
- A bookmaker's tally of amounts bet on each competitor, and odds necessary to assure him of profit.
- Bookie
- (U.K.) Short for bookmaker. The person or shop who accepts bets.
- Bookmaker
- Person who is licensed to accept bets on the result of an event based on their provision of odds to the customer. (Sportsbook US).
- Bottle
- UK slang, odds of 2 to 1.
- Box
- A wagering term denoting a combination bet whereby all possible numeric combinations are covered.
- Boxed
- (in) - To be trapped between other horses.
- Bobble
- A bad step away from the starting gate, sometimes caused by the ground breaking away from under a horse and causing him to duck his head or go to his knees.
- Bolt
- Sudden veering from a straight course.
- Book
- A collection of all the bets taken on fixed odds betting events.
- Bookmaker
- (Bookie) - A person registered and licensed to bet with the public.
- Breakage
- Those pennies that are left over in pari-mutuel payoffs which are rounded out to a nickel or dime.
- Breeders' Cup
- Thoroughbred racing's year-end championship. Known as Breeders' Cup Day, it consists of eight races conducted on one day at a different racetrack each year with purses and awards totalling $13 million. First run in 1984.
- Bridge-Jumper
- (US) - Bettor who specializes in large show bets on odd-on favourites.
- Buck
- (US) - A bet of US$ 100 (also known as a 'dollar bet').
- Bug Boy
- An apprentice rider.
- Bull Ring
- Small racetrack less than one mile around.
- Burkington Bertie
- 100/30.
- Buy Price
- In Spread or Index betting, the higher figure quoted by an Index bookmaker.
- Buy the Rack
- (US) - Purchase every possible daily-double or other combination ticket.
- Canadian
- Also known as a Super Yankee. A Canadian is a combination bet consisting of 26 bets with 5 selections in different events. The combination bet is made up of 10 doubles, 10 trebles, five 4-folds and one 5-fold.
- Card
- Another term for fixture or race meeting.
- Carpet
- UK slang for Odds of 3 to 1 (also known as 'Tres' or 'Gimmel').
- Caulk
- Projection on the bottom of a shoe to give the horse better traction, especially on a wet track.
- Century
- GBP£ 100 (also known as a 'Ton').
- Chalk
- Wagering favorite in a race. Dates from the days when on-track bookmakers would write current odds on a chalkboard.
- Chalk Player
- Bettor who wagers on favorites.
- Chase
- See 'Steeplechase'.
- Checked
- A horse pulled up by his jockey for an instant because he is cut off or in tight quarters.
- Chute
- Extension of the backstretch or homestretch to allow a longer straight run.
- Client
- (US) - Purchaser of betting information from horseman or other tipster.
- Close
- (US) - Final odds on a horse (e.g. 'closed at 5 to 1'). Confusingly equates to 'Starting Price' in the UK.
- Closer
- A horse that runs best in the latter part of the race (closing race), coming from off the pace.
- Co-Favorites
- Where three or more competitors share the status as favorite.
- Colors
- (Colours) - Racing silks, the jacket and cap worn by jockeys. Silks can be generic and provided by the track or specific to one owner.
- Colt
- An ungelded (entire) male horse four-years-old or younger.
- Combination Bet
- Selecting any number of teams/horses to finish first and second in either order.
- Conditional Jockey
- Same as 'Apprentice' but also allowed to jump.
- Correct Weight
- Horses are allocated a weight to carry that is checked before and, for at least the placegetters, after a race. Correct weight must be signaled before bets can be paid out.
- Daily Double
- Type of wager calling for the selection of winners of two consecutive races, usually the first and second. See 'Late Double'.
- Daily Racing Form
- A daily newspaper containing racing information including news, past performance data and handicapping.
- Daily Triple
- A wager where the bettor must select the winner of three consecutive races.
- Dead Heat
- A tie. Two or more horses finishing equal in a race.
- Dead Track
- Racing surface lacking resiliency.
- Declaration Of Weights
- The publication of weights allocated to each horse nominated for a race by the handicapper.
- Declared
- In the United States, a horse withdrawn from a stakes race in advance of scratch time. In Europe, a horse confirmed to start in a race.
- Deductions
- When a horse is scratched from a race after betting on that race has already started, deductions are taken out of the win and place bets at a rate in proportion to the odds of the scratched horse.
- Derby
- A stakes event for three-year-olds.
- Dime
- (US) - A bet of USD$ 1,000 (also known as a 'dime bet').
- Distanced
- Well beaten, finishing a long distance behind the winner.
- Dividend
- The amount that a winning or placed horse returns for every $1 bet by the bettor.
- Dog
- (US) - The underdog in any betting proposition.
- Dog Player
- (US) - A bettor who mainly wagers on the underdog.
- Double
- Selecting the winners in two specific races.
- Double Carpet
- UK slang for Odds of 33 to 1, based on 'Carpet'.
- Draw
- Refers to a horse's placing in the starting stalls. For flat racing only. Stall numbers are drawn at random.
- Drift
- (Also, Ease) Odds that 'Lengthen', are said to have drifted, or be 'On The Drift'.
- Driving
- Strong urging by rider.
- Dual Forecast
- A tote bet operating in races of 3 or more declared runners in which the punter has to pick the first two to finish in either order.