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

Ticket

Sports; Horse racing

The betting slip or ticket which is received by the bettor from the bookmaker or totalisator, as proof of his or her wager. The ticket is necessary to collect the dividends.

Tic-tac

Sports; Horse racing

The secret and complex sign language used by bookmakers at racecourses to indicate movements in the price of a horse. See BBC's Tic-Tac guide.

Tierce

Sports; Horse racing

A French combination bet in which the bettor predicts the horses that will finish 1st, 2nd and 3rd.

Tips

Sports; Horse racing

The selections chosen by an expert to bet on (also known as Picks). See 'Selections'.

Tipster

Sports; Horse racing

A person who makes selections for a race, providing tips on which horses they believe will win the first three places.

Front-runner

Sports; Horse racing

A horse whose running style is to attempt to get on or near the lead at the start of the race and stay there as long as possible.

Shut out

Sports; Horse racing

What happens to a bettor who gets on the betting line to late and is still waiting in line when the window closes. Also, in sports betting, when the losing team do not score.