Betting Glossary - Essential Betting Terms beginning with T

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Riding accoutrements (saddle, harness, whip etc.)
Take Out
The slice of the total stakes paid which is paid over to the operator of a gambling or betting opportunity.
Taking the points
Betting the underdog and its advantage in the point spread.
Taking the price
Betting the underdog and accepting money odds.
A bet on 2 or more teams where the line on each team is adjusted in the favor of the bettor. Like a Parlay, all selections must be correct for the teaser to win
Testing Conditions
Very soft ground (or dismal weather)
Through the Card
Including every race
Tic Tac (tick tack)
a kind of manual semaphore signalling used by racecourse bookmakers to exchange information.
A sports betting wager.
A wager in which no money is lost nor won because the teams' scores were equal to the number of points in the given line.
The French jackpot bet in which the punter must name the first three horses to finish. there are two pools, one for nominating the correct order and another for naming the first three finishers in any order.
All horse races are timed electronically. When related to the pace of the race and the ground conditions ('going'), timing is regarded by many experts as an essential guide to finding future winners. The form book records the time of the race and whether it was above or below standard for that distance on that course.
Popular handicapping service
People who present themselves as experts on shares or racing and offer advice on current opportunities for profit.
Tissue Prices
Early prices offered before a betting market has been formed, often what is quoted in newspapers on the day of racing.
The line on a given contest, representing the combined number of points/goals scored by the two teams
Totals Bet
A proposition bet in which the bettor speculates that the total score by both teams in a game will be more or less than the line posted by the sports book.
The Horserace Totalisator Board (Tote) enters all bets into separate pools and deducts operating costs and profit (together called the take-out), sharing what remains of each pool among those who picked the winners or winning combinations. This is a pari-mutuel system. Bets on Tote pools can be placed on course or by telephone to Tote Credit. Bookmakers may also be licensed to take Tote bets or may be partners in Tote Direct whereby wagers are placed through terminals in betting shops directly linked to the Tote's central computer in Wigan.
Government owned bookmaker 
Tote Bookmakers
The Tote also acts as a bookmaker taking bets at morning line at board prices and at starting price.
Tote Direct
A joint venture between the Tote and leading bookmakers in which Totes bets may be fed directly into the pools from betting shops.
Tote Dividend
The win, place and forecast pay-outs from the pools to a £1 stake (which is included as part of the return) - also called Tote Return.
Tote Shows
As close to real time as possible, as the bets are placed, changing Tote odds are displayed on the race course on Teletext and on the internet. These shows are not the same as fluctuating odds on offer by bookmakers as they cannot be used for betting; they show only the potential return from each horse based on the amount bet on the individual horses in the pool at the time. To get the best possible price, some punters delay their bets until the last minute so that they can compare bookmakers odds with the final Tote Show.
Tote Windows
Outlets for Tote betting on a race course.
A very popular way of betting, this is simply a totewin bet and a toteplace bet on the same horse.
Pick the winners of the six totejackpot races at the nominated totejackpot meeting each day. Not easy - but the potential rewards are huge! You can choose more than one horse in any of the races to increase your chances of winning. Use a toteplacepot play slip to place your bet.
This is racing's favourite bet - and it couldn't be simpler! Just pick a horse to be placed in each of the six toteplacepot races (normally the first six races on the card). You can choose more than one horse in any of the races to increase your chances of winning. Use a toteplacepot play slip to place your bet.
Another popular bet - especially if you've missed the start of the toteplacepot or it has fallen by the wayside before the 3rd race. As before, just pick a horse to be placed in each of the four totequadpot races which are normally races 3, 4, 5 and 6. Use a totequadpot play slip to place your bet.
Pick at least one horse in the six nominated televised races each Saturday. Get all six winners to scoop a potentially massive dividend AND qualify for a big money bonus. Even finding a placed horse in every race pays an average dividend of over £500 to a £1 stake. Use a totescoop6 play slip to place your bet.
Pick the winner of the race.
Someone who sells their expertise on sports wagering.
"Manager" of a stable of horses
A three-leg accumulator. All three bets need to win with the winnings from the first selection automatically going on to the second and then onto the third.
A bet with the bookmaker in races of eight or more runners in which the punter must name, in the correct order, the first three to finish.
Also called Totetrifecta, A bet with the Tote on one race a day (usually a difficult handicap) in which the punter must name, in the correct order, the first three horses to finish a race.
Triple Crown
Victory for the same three-year old colt in the 2000 Guineas, Derby and St Leger was once the pinnacle of achievement. With staying races unfashionable, the Triple Crown is no longer a target, the St Leger being replaced in stature by the Prix de l'Arc de Triomphe.
Also called a patent; a bet in which the punter has three single bets, three doubles and a treble on three horses.
Turn of foot
Acceleration or speed as applied to a horse