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

Blanket finish

Sports; Horse racing

When the horses finish so close to the winning line you could theoretically put a single blanket across them.

Bomber

Sports; Horse racing

A winning horse sent off at very high odds.

Box

Sports; Horse racing

A wagering term denoting a combination bet whereby all possible numeric combinations are covered.

Book

Sports; Horse racing

A bookmaker's tally of amounts bet on each competitor, and odds necessary to assure him of profit.

Beyer number

Sports; Horse racing

A handicapping tool, popularised 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 ...

Bettor

Sports; Horse racing

Someone who places or has a bet. A 'Punter' in the UK.

Betting tax

Sports; Horse racing

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 ...