10 Terms
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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
Lengthen
Sports; Horse racing
The opposite of 'Shorten'. Referred to odds getting longer, that is, more attractive to the bettor.
Late double
Sports; Horse racing
A second daily double offered during the latter part of the program. See 'Daily Double' above.
Lay off
Sports; Horse racing
Bets made by one bookmaker with another bookmaker, in an effort to reduce his liability in respect of bets already laid by him with investors.
