Gambling Terminology and Jargon. The idea that a beginner can outperform an experienced player is counter-intuitive, and thus can only be explained by ‘beginner’s luck’. Bookie/Bookmaker: An organisation or individual that accepts bets on sporting events such as horse racing, football and tennis. Bookmakers receive and pay out wagers Horse racing involves a somewhat boggling collection of colorful phrases and terms for putting your money down on a horse and hoping to come away with a lot more money when the horse wins.Racing can also provide a comparatively gentle way of wagering—you don't have to bet that the horse will come in first. When a horse person says a horse is gaited in a bragging type of manner, they almost surely are proudly telling another person just how fast their beauty can scoot on the trail. Walk. This is the slowest gate. A horse picks up one foot at a time and slowly and safely moves it forward. Trot. This gait is faster than a walk. A unit of GBP - £1.05 (21 shillings), still used in come contracts and in horse racing. The origin guinea coins contained 7.7g of gold and are worth that weight at the prevalent gold spot price. H. Hang Seng. The main index of the Hong Kong stock exchange. Hawk. Someone whose top monetary policy priority is low inflation. Hedge Round group betting. This is a simple variation on round betting, and it is actually easier to win. Rounds are grouped together so that you can bet on a certain range of rounds, for example, rounds 1-3 or rounds 4-7. Your chances of winning are much higher than if you were betting on one specific round.
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