Understanding Horse Racing Terminology

Kentucky Derby season is here, that means it’s time to start thinking about how to attack the race from a betting perspective. In the first place a successful online bookie will have to understand the terminology that clients are using. One of the more popular parts of any betting website is the horse betting lines, and it always helps bookies communicate with their customers when they know the horse racing terminology. For new bookies, taking the time to learn the proper betting terminology helps to improve relationships with customers and can prevent the bookie from getting cheated by sneaky bettors.

Another way to avoid getting cheated is to sign up for a price per head Internet betting service. Per Head Network has a staff of betting experts who can allow you to offer action on up to 70 horse racing tracks around the world. These are professionals who know the terminology and understand the horse racing game. These are the kinds of experts any betting business would hire and they will be available 24-hours a day, seven days a week and 365 days a year to help you prevent fraud and cheating on your website.

To begin, let’s take a look at the sports betting terms that applied directly to the horses themselves. A colt is a male horse that is four years of age or younger and has not yet been gelded. A filly is a female horse that is four years of age or younger. The birthday of a horse is set at January 1st, no matter what month the horse was actually born. Sometimes the jockey of a horse is inexperienced and this causes the bookmakers to give that horse an allowance for that race in the form of a weight concession. New horses are referred to as green horses.

When you look for the odds on upcoming races, you will be looking for the racing board. The odds found on the board are called board prices. Many bettors have heard of the term furlong, but newer bettors may not realize that a furlong is actually 220 yards long. The draw for each race is the stall number that the horse is given. To keep this as fair as possible, the draw is done at random before each race.

We always want to believe that there is a solid favorite for every race, but that is not always the case. In some races, the odds makers just cannot decide on a favorite and they wind up splitting the odds between two horses. When this happens, each favorite in that race is called a joint favorite.

To be a bookie, you must either know more than your customers, or have the resources to find all of the answers you will need. When you subscribe to PHN, you will have access to a staff of experts who are well-versed in the terminology of the horse betting world. PHN is your advantage when it comes to making a profit with horse betting action. Try our superior Pay Per Head Sportsbook? Sign Up Today and Get 2 Weeks Free.