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Betting terms

A plain-English glossary of UK horse racing bet types, settlement rules and racecard abbreviations. Learn how combination bets, non-runners and starting prices work, with numerical examples.

Explore the related guides below, or return to the complete horse racing guides library. For worked probability examples, see how Probatrix works. All information is educational and outcomes are uncertain.

Guides in this topic

Forecast vs Tricast Bets Explained

A straight forecast predicts the first two finishers in exact order. A straight tricast predicts the first three in exact order.

How Does a Trixie Bet Work?

A Trixie uses three selections across four bets: three doubles and one treble, with no singles.

Lucky 15 vs Yankee: What Is the Difference?

A Yankee combines four selections in 11 bets: six doubles, four trebles and one fourfold. A Lucky 15 adds four singles,…

What Does BF Mean on a Horse Racing Form Guide?

BF means Beaten Favourite: the horse started favourite on its previous relevant run but did not win.

What Does CD Mean on a Racecard?

CD means Course and Distance winner: the horse has previously won at the same racecourse and over the same distance.

What Does It Mean When a Horse Racing Bet Is Voided?

A void bet is cancelled for settlement purposes, usually with its stake returned rather than treated as a losing bet.

What Does OR Mean in Horse Racing?

OR means Official Rating, the handicap assessment assigned by the racing authorities.

What Does PU Mean in Horse Racing?

PU means Pulled Up: the horse did not complete the race because the jockey stopped it.

What Does SP Mean in Horse Racing?

SP means Starting Price, the industry-returned odds for a horse at the start of its race.

What Does UR Mean in Horse Racing?

UR stands for Unseated Rider: the jockey was dislodged during a race, usually in jump racing.

What Happens When a Horse Is a Non-Runner?

A non-runner is a declared horse that does not start the race. Ordinary day-of-race win bets on that runner are generally…

What Is a Dutch Bet in Horse Racing?

A Dutch bet divides a total stake between two or more selections so that each winning outcome returns roughly the same…

What Is a Patent Bet?

A Patent uses three selections in seven bets: three singles, three doubles and one treble.

What Is a Rule 4 Deduction?

A Rule 4 deduction reduces winnings when a horse is withdrawn after bets have been placed and the market is not…

What Is a Tote Placepot?

A Tote Placepot is a pool bet requiring a placed horse in each of six nominated races at a meeting.

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