- The money a bettor wagers is called his or her outlay.
Out Of The
Money - A horse that
finishes worse than third.
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- A horse that is not expected to win. An outsider is usually quoted at the
- A horse going off at higher odds than it appears to warrant based on its past
Race - A race in which
entries close a specific number of hours before running (such as 48 hours),
as opposed to a stakes race for which nominations close weeks and sometimes
months in advance.
Over The Top
- When a horse is considered to have reached its peak for that season.
- Surplus weight carried by a horse when the rider cannot make the assigned
- The horse that is running in front (on the lead).
- Area where horses are saddled and kept before post time.
- A slang term for a furlong.
- A form of wagering originated in 1865 by Frenchman Pierre Oller in which all
money bet is divided up among those who have winning tickets, after taxes, takeout
and other deductions are made. Oller called his system 'Parier Mutuel' meaning
'Mutual Stake' or 'betting among ourselves'. As this wagering method was adopted
in England it became known as 'Paris Mutuals', and soon after 'Parimutuels'.
- Using a key horse or horses in different, but not all possible, exotic wagering
- A type of bet.
- A weight added to the handicap weight of a horse.
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