Betting Glossary - Essential Betting Terms beginning with N

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The best bet of the day from a particular tipster.
National Hunt Flat Race
see "Bumper"
Needs the run
Unfit or possibly inexperienced
Net win
Net Win or Profit from a winning bet equals the return less the amount you originally staked (remember, you always get your stake back if your bet wins).
The 'tic-tac' / Slang term for 7/1.
Newspaper Line
the betting line which quite often appears in the daily newspapers. The lines are only approximate and quiet often totally inaccurate and misleading.
No action
A wager in sports betting in which no money is lost nor won.
No offers
When bookmakers are unwilling to offer a price on a horse N/O is chalked up on their board.
A horse which (illegally) has failed/not been encouraged to give everything during a race
Win (nose in front)
A horse (hurdler or chaser) who has not won a race before 1st May of the current season
Number cloth
Cloth placed under the saddle showing horses racing number
Numbers board
Metal frame/scoreboard ca. 6m high bearing race information (out of date)
A handicap race for two-year olds only.