Horse racing

Horse racing

Also called equestrian sport. There are three types of horse racing: flat field racing; steeplechasing or racing over jumps; and harness racing, where horses trot or pace while pulling a driver in a small cart known as a sulky. Horse racing is closely associated with gambling generating a worldwide market of well over U.S. $100 billion.

Industry: Sports

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Horse racing

Investor

Sports; Horse racing

A bettor. A person at a licenced race meeting who bets with a bookmaker or the totalisator, or a person not present at the meeting, but places bets on the horses engaged at that meeting with the ...

Joint favourites

Sports; Horse racing

When a sportsbook or bookmaker cannot separate two horses or teams for favouritism, they are made joint favourites.

Judge

Sports; Horse racing

The official who determines the finishing order of a race.

Juice

Sports; Horse racing

The bookmaker's commission, also known as vigorish or vig.

Key horse

Sports; Horse racing

The main expected winning horse used in multiple combinations in an exotic wager.

Handicap

Sports; Horse racing

1) Race for which the track handicapper assigns the weights to be carried. Each horse is allocated a different weight to carry, the theory being all horses then run on a fair and equal basis. . 2) ...