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RACEBOOK GLOSSARY

Inquiry - Reviewing the race to check into a possible infraction of the rules. Also, a sign flashed by officials on the tote board on such occasions. If lodged by a jockey, it is called an objection.

In The Money - Finishing first, second or third.

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In The Red - Are odds shown in red on the betting boards because they are Odds-On bets.

Investor - A bettor. A person at a licensed race meeting who bets with a bookmaker or the totalisator, or a person not present at the meeting, but places bets on the horses engaged at that meeting with the off-course totalisator.

Jolly - The favourite in a race.

Judge - The official who determines the finishing order of a race.

Key Horse - The main expected winning horse used in multiple combinations in an exotic wager.

Late Double - A second daily double offered during the latter part of the program. See 'Daily Double' above.

Lay Off - Bets made by one bookmaker with another bookmaker, in an effort to reduce his liability in respect of bets already laid by him with investors.

Leg In - To nominate one runner to win with a selection of other runners. This is possible on Forecast, Quinella, Trifecta, Quartet and Superfecta (eg. Quinella bet with selection 4 to win, from runners 5, 7, 8 and 9 to come second, in any order).

Length - A measurement approximating the length of a horse from nose to tail, about 8 feet, used to denote distance between horses in a race. For example, "Secretariat won the Belmont by 31 lengths".

Lengthen - The opposite of 'Shorten'. Referred to odds getting longer, that is, more attractive to the bettor.

Listed Race - A stakes race just below a group race or graded race in quality.

Lock - (As in 'Banker') US term for an almost certain winner. Easy winner.

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