Betting Glossary - Essential Betting Terms beginning with T

Tack

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.

Teaser

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.

Ticket

A sports betting wager.

Tie

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.

Tierce

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.

Time

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.

Timeform

Popular handicapping service

Tipsters

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.

Total

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.

Tote

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.

Tote

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.

Toteeachway

A very popular way of betting, this is simply a totewin bet and a toteplace bet on the same horse.

Totejackpot

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.

Toteplacepot

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.

Totequadpot

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.

Totescoop6

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.

Totewin

Pick the winner of the race.

Tout

Someone who sells their expertise on sports wagering.

Trainer

"Manager" of a stable of horses

Treble

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.

Tricast

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.

Trifecta

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.

Trixie

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