Betting Glossary - Essential Betting Terms beginning with I
- IBAS
- (Independent Arbitration Betting Service). An arbitration service which was launched to deal with betting disputes between punters and bookmakers.
- In
- When the odds quoted get shorter, the price of a horse is said to shorten.
- In Hand
- In reserve
- In the frame
- Applied to a horse placed in top 3/4 a race
- In-running betting
- Some bookmakers offer odds for an event while in progress with prices quoted reflecting the current state of play.
- Index Betting
- Another name for spread betting.
- Inside
- Closest to the inner rail on a racecourse
- Instructions
- Orders given to a jockey by owner and/or trainer
- Interval Training
- Standard NH horse training regime where horses run 5 furlongs, rest & run again
- Irons
- The stirrups.