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Here are some commonly used horse racing terms.
If you would like any more terms added to the list please email
us. Click here for your Unibet bonus code. Please note that the
following terms are used in Australia and we can't guarantee that
the glossary is accurate for other countries.
Box Trifecta: Usually four or five horses are "boxed"
in a trifecta. If three of the horses selected all finish in the
first three placings, the punter collects for a winning trifecta.
Double: You have to correctly select the winner in two
specific races.
Each way: An each way bet is when you have the same amount
on the horse for a win and for a place. Bookmakers will give you
one quarter of the win odds for a place in fields of eight or more
and one third of the win odds in fields of six or seven horses.
Each way odds: Four to one ( now $5.00 ) with the
bookmakers because if the horse does not win but finishes second
or third, the punter's wager is refunded in full and the punter
does not lose on the race.
Exacta: You have to correctly select the first two horses
in a race in the exact order.
First Four: You have to correctly select the first four
horses in the correct order in the nominated races. There
are some big collects on this bet.
Length: A length is approximately three metres.
Odds on: This a bet where you have to outlay more than you
win. For example, if a horse is two to one on ( now $1.50 ) you
have to outlay two dollars to win one dollar and your total
collect if the horse wins is three dollars. That is made up of
your original two dollars and the one dollar you win.
On the nose: Backing a horse to win only.
Place: A horse runs a place if it finishes in the first
three in fields of eight or more horses. If there are only
six or seven runners the horse must finish first or second to
place.
Ptarmigan: Small bird that has nothing to do
with horse racing. We just put this in to see if you were paying
attention.
Quadrella: You have to correctly select the winner of four
specific races nominated by your TAB. The selected races vary from
state to state.
Quinella: You have to correctly select the first two
horses in a race in any order.
Running Double: You have to correctly select the winner in
two consecutive races.
Straight Six: You have to correctly select the winner of
six consecutive nominated races. There are some huge collects
available if you can!
Trifecta: You have to correctly select the first three
horses in a race in the exact order.
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