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

Totalisator

Sports; Horse racing

The system of betting on races (an automated system that dispenses and records betting tickets, calculates and displays odds and payoffs and provides the mechanism for cashing winning tickets) in ...

Totalizator

Sports; Horse racing

The system of betting on races (an automated system that dispenses and records betting tickets, calculates and displays odds and payoffs and provides the mechanism for cashing winning tickets) in ...

The post

Sports; Horse racing

The finishing line of a race.

Objection

Sports; Horse racing

Claim of foul lodged by rider, patrol judge or other official after the running of a race. If lodged by official, it is called an inquiry.

Odds

Sports; Horse racing

The sportsbook's or bookmaker's view of the chance of a competitor winning (adjusted to include a profit). The figure or fraction by which a bookmaker or totalisator offers to multiply a bettor's ...

Odds-against

Sports; Horse racing

Where the odds are greater than evens (e.g. 5 to 2). When the bookmaker's or totalisator's stake is greater than the bettor's stake. For example, a horse that is quoted at 4:1 would be odds ...