if cash bet
Currently in progress.
A race that's currently in progress.
in the money
In horse racing, the horses that place in a race and so earn rewards for the punters who backed them.
Another term for live betting.
Independent Betting Adjudication Service
Abbreviated as IBAS, an organization that settles disputes between punters and bookmakers in the United Kingdom.
Another term for spread betting, which involves betting on whether an outcome will be above or below the spread. The pay-out depends on the accuracy of the wager, instead of on which team wins or loses.
At a racecourse, the area enclosed by an oval track.
In betting, a form of insurance against losing a bet. For example, an Insurebet 2 ensures that your stake will be refunded if a horse you bet to place first places second instead. An Insurebet 3 is the same except that your stake will be refunded if the horse places second or third.
A Tote bet you win by picking the winners of races three to six in a set of six consecutive races. The dividend depends on the number of favourites that win each race. Also see Tote UK Jackpot.
A Tote bet you win by picking horses that place in each of six consecutive races.
An insurance bet is a horse racing bet that refunds your stake if your selection places instead of winning the race that you bet on.