Betting Terms and Jargon Buster The betting world can be a confusing place, especially with all the betting terms flying around. Betting Term Description Accumulator A bet involving more than one selection with the winnings from each selection going on to the next selection.

All selections must be successful to get a return. Ante-post A bet on a race well in advance of the day of the race. Back A bet on a horse to win or each-way. The opposite of lay, and the more traditional bet type. Banker A supposedly certain bet. Best Odds Guaranteed A special offer whereby your bookmaker agrees to settle your bet at the starting price SP if it is greater than the early price you took when placing a bet Betting exchange A betting website whereby you are betting against other people, rather than against the bookmaker.

Canadian A canadian consists of 26 bets involving 5 selections in different events. The bet includes 10 doubles, 10 trebles, 5 four-folds plus an accumulator. A minimum of two must win to guarantee a return Cash out Taking a payout offered by your bookmaker before the completion of a bet. Co favourite A horse who leads the market with one or more horses. Term often associated with Tote pools. Drifter A horse who finds its price getting bigger prior to the race beginning.

Duel forecast A reverse forecast or dual forecast is a bet where the aim is to predict the winner and runner-up in either order. Dutch Backing two or more horses in a race, increasing your chances of finding a winner but essentially at shorter odds. Each way A bet where half the total stake is for the selection to win and half is for the selection to be placed. The bet will be settled differently depending on whether the horse wins or places. Edge A punters advantage in a bet. Evens A price of Your stake brings equal winnings: e.

Favourite The shortest priced horse in the race, the market leader. Fold A fold represents the number of selections in an accumulator, a four-fold consists of 1 bet with 4 legs that all must win for a return. Forecast A bet where the aim is to predict both the winner and runner-up in a race. A straight forecast is the winner and runner-up in the correct order.

Goliath A bet consisting of bets involving 8 selections. The bet includes 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds and an accumulator. A minimum of 2 of your selections must be successful to get a return.

Hedging This involves placing a bet on opposing outcome to the punters original selected outcome in order to guarantee winnings of cut losses. Heinz A bet consisting of 57 bets involving 6 selections in different events.

The bet includes 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and an accumulator. A minimum of two of your selections must be successful to get a return. In the frame Another term for a horse who has finished in the places.

In-running A bet placed during the race, as opposed to before the race begins. Joint favourite If two horses have the shortest odds in the betting, they are described as joint-favourites. Jolly A different term for the favourite in the market. Lay A bet on a horse not to win or not to place. The opposite of backing a horse. Longshot A horse who appears to be unfancied in the market shot etc.

Lucky 15 A bet consisting of 15 bets involving 4 selections in different events. The bet includes 4 singles, 6 doubles, 4 trebles, and 1 fourfold. Only one selection must win for a guaranteed return. Market Mover A selection that changes in price significantly either way, by increasing in odds drifting or decreasing in odds steaming. Match betting A technique employed by many by using fixed odds on the exchange market.

The technique covers multiple outcomes either through in-play betting or by finding differences in bookmaker odds. But the facility has admitted as many as , for the Preakness in years past. As mentioned above, the post time for the race is pm ET. But television coverage of the Preakness starts at pm ET, a full three hours earlier.

How Long Is the Preakness Stakes? That makes it the shortest of the Triple Crown races, fractionally shorter than the Kentucky Derby 1. In terms of time, the fastest Preakness Stakes time ever recorded was The last two winners Rombauer in and Swiss Skydiver in both went under , but prior to that, no horse had run faster than since Curlin in In short, a multitude! First, there is the standard win-type bets: you can wager on any horse to win, place, or show in the Preakness Stakes.

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