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Greyhound Racing Glossary
 
GREYHOUND RACING
 
Ante-Post betting (usually on the most important races) days, weeks and even months before the race is due to take place
BAGS Bookmakers Afternoon Greyhound Services
BEGS Bookmakers Evening Greyhound Services
Bankroll Also known as 'roll' or 'wad' (colloq.) This is gambling money or risk money, as opposed to the money you live on.
Book Running a 'book' is the act of quoting odds and accepting bets on an event. Hence the term 'Bookmaker'.
Box Another way of saying 'Trap'
Box Bias A starting position that favours a particular dogs running style
Calc Time Calculated time taking into account the going
Case money Emergency money.
Chase Having lost money on a bet, "chasing" is having another bet simply to try and get back the loss, usually on a random wager.
Drop Money lost.
Exacta The first two dogs to cross the finish line in EXACT order (also Forecast or Perfecta)
First Show Opening set of odds put up by the course bookmaker
Forecast The first two dogs to cross the finish line in EXACT order (also Exacta or Perfecta)
Get on Have your bet accepted
Going Speed of track as judged by the official track handicapper. Quoted in hundreths of a second
Hand unit of four inches in which a horse's height is measured, at the shoulder
Jolly Betting parlance for the favourite in a race - the horse with the shortest odds
Juice (U.S) See 'Vig'..
Lay Take a bet on, like a Bookmaker.
Line Betting It is an even-money paid bet where you take a position either side of two possible outcomes of the event. e.g. England runs vs. Australia may quote 225-230 (a bit like a spread), thats called the Line. Selling the Line means you win if they score less than 225 and Buying the line means winning if they score more than 230. This is popular in the U.S.
Match Bet A bet between two horses or people, not necessarily in competition with each other. e.g. two golfers who will be trying to win their tournament, not beat each other or be aware that the bet exists
Odds The ratio to which your bet will be paid if your bet wins. e.g. 3-1 means for every £1 you bet, you will receive £3 of winnings
On tilt Losing the ability to rationalise bets and betting wildly on every race.
Open Race A race for the dogs of top ability. Indicated on the race card by OR
Overlay This is a price offered on a particular horse that is higher than the true odds of it winning.
Perfecta The first two dogs to cross the finish line in EXACT order (also Exacta or Forecast)
Pick 3 Select the winner of three consecutive races
Place The second dog to cross the finish line places
Pool A pool is a sum of many collected as bets on a dog race. i.e. the
Price Noun ~ The quoted odds for a horse to win
Verb ~ The process of giving Prices
Puppy A dog that is less than 2 years old. Racing starts at 15 months
Quinella The first two dogs to cross the finish line in any order (also Reverse Forecast)
Reverse Forecast The first two dogs to cross the finish line in any order (also Quinella)
Shorten Odds that reduce, say from 10-1 to 8-1, are said to have shortened.
Show The third greyhound to cross the finish line shows
Superfecta The first four dogs in their EXACT ORDER of finish
Tote "Tote" is short for Totalisator, a system introduced to Britain in 1929 to offer pool betting on racecourses.
Trifecta The dogs finishing first, second and third place in EXACT ORDER (also Trio)
Trap The box the dog starts in. From 1 to 6
Trial A non-betting event to give dogs experience or excercise
Trio The dogs finishing first, second and third place in EXACT ORDER (also Trifecta)
True Odds The real odds of something happening as opposed to what the bookies offer.
Vig Vig is short for the word 'vigorish'. Also referred to as 'juice' (US). The edge that one side of a bet has to make their advantage.
Win The first dog to cross the finish line wins
 
 
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