Betting Terminology

Check our betting glossary to get explanations around the main betting terms in the industry.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
S
Shortening the odds -

This is the Bookmaker's reduction of the odds offered in the face of heavy betting.

Show -

This is a list of odds for a race

Singles -

This is the simplest type of bet to have. It is one bet for your selection to win, this could be Spurs to beat Arsenal in a particular match.

Smart money -

These are insiders' bets or the insiders themselves.

Spread betting -

This is where a bet is won or lost according to whether you correctly predict the result of an event. Returns or losses are calculated in proportion to how right or wrong the punter is, and can consequently can lead to huge returns or losses.

Spreads -

There are also known as handicaps.

Stake -

This is the amount of money invested.

Stalls -

Stalls are a row of compartments designed to give all the runners in a flat race an even start.

Standard bet/single event bet -

This is the basic bet on the outcome of a game or match, i.e. A to win or B to win. When a price is given for the draw, this is also a valid bet.

Starting price (SP) -

The starting price is arrived at by taking the average price available in the betting ring (Members', Rail and Tattersalls') on the racecourse shortly before the off.

Steeplechasing -

Steeplechasing is a form of National Hunt racing run over distances of two miles up to four and a half miles. Horses jump fences of varying height, and consistency.

Steward's enquiry -

If there are any suspected infringements of the 'Rules of Racing' the Stewards hold an investigation. These are carried out in a similar manner to objections.

Super Yankee -

Alternative name for a multiple bet known as Canadian. A 'Super Yankee' is a 'Yankee' type bet with five selections instead of four. A Super-Yankee consists of 10 doubles, 10 trebles, 6 four-folds and an accumulator. Two of the selections must win to gain a return

Straight forecast -

This is a Tote bet operating in races of 3 or more declared runners in which the punter has to pick the first and second to finish in the correct order.

Super Heinz -

A Super Heinz consists of 120 bets involving 7 selections in different events. The bet includes 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, 7 sixfolds and an accumulator. A minimum of 2 of your selections must be successful to get a return.

Sure thing -

This is any bet that has very little chance of losing.