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

Mutuel pool

Sports; Horse racing

Short for 'Parimutuel Pool'. Sum of the wagers on a race or event, such as the win pool, daily double pool, exacta pool, etc.

Nap

Sports; Horse racing

The selection that racing correspondents and tipsters nominate as their strongest selection of the day or meeting. Reputed to stand for 'Napoleon'.

National Thoroughbred Racing Association (NTRA)

Sports; Horse racing

A non-profit, membership organisation created in 1997 to improve economic conditions and public interest in Thoroughbred racing.

Neck

Sports; Horse racing

Unit of measurement about the length of a horse's neck.

Phone betting

Sports; Horse racing

A service enabling punters to bet on horses with bookmakers by using telephones.

Phone tab

Sports; Horse racing

Another phone betting service, provided by a totalisator which allows people with special betting accounts to place bets via the telephone. Much the same as a bank account, you must have a credit ...

Photo finish

Sports; Horse racing

A photo is automatically taken as the horses pass the winning line and when the race is too close to be judged the photo is used to determine the order of finish.