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RACEBOOK GLOSSARY

National Thoroughbred Racing Association (NTRA) - A non-profit, membership organization created in 1997 to improve economic conditions and public interest in Thoroughbred racing.

Nominations - The complete list of runners entered by owners and trainers for a race.

Nursery - A handicap for two-year-old horses.

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Oaks - A stakes event for three-year-old fillies (females).

Objection - Claim of foul lodged by rider, patrol judge or other official after the running of a race. If lodged by official, it is called an inquiry.

Odds - The figure or fraction by which a bookmaker or totalisator offers to multiply a bettor's stake, which the bettor is entitled to receive (plus his or her own stake) if their selection wins.

Odds Compiler - Same as 'Oddsmaker' below.

Odds-On - Odds of less than even money - This a bet where you have to outlay more than you win. For example if a horse is two to one Odds-On, 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 two dollars and the one dollar you win.

Oddsmaker - A person who sets the betting odds. (Sportsbooks or Bookies don't set the odds. Most major sportsbooks use odds set by Las Vegas oddsmakers.)

Official - Sign displayed when result is confirmed. Also racing official.

Off-Track Betting (OTB) - Wagering at legalized betting outlets.

On The Board - Finishing among the first three.

On The Nose - Betting a horse to win only.

Open Ditch - Steeplechase jump with a ditch on the side facing the jockey.

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