What Does Outright Betting Mean In Horse Racing

A horse is described as not travelling or not travelling well when it is struggling to keep the pace and has to be ridden earlier than anticipated by the jockey. In jumps racing a novice is a horse that at the start of the season had not won a race in it’s particular code of race (hurdles or chases). How outright betting works. In an outright betting market, odds are set for each competitor in an event. Before the event starts, the odds reflect the form of each competitor relative to the other competitors. During the course of the event, the odds may change to reflect each competitor’s performance. On a horse racing betting slip, for example, the letters “SP” may display for a contestant instead of an odds.

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In this post, we are going to give you the meaning of outright betting that is, we are going to explain what an outright bet is, and we will also offer a few examples to make our explanations easier to understand. Before we begin, we want you to know that the terms outright bet and future bet mean the same thing.

The name suggests that you are trying to predict a future event. This type of wager aims at pointing how an entire competition will end. It is not about telling who you think will win an individual game or event. It is about telling which team or player will win a competition. For instance, guessing the winner of the European Championship is an outright wager. In the United States, the term futures is more common, whereas the rest of the world uses the term outright. It is a matter of geography. So, like we said, we are tasked with explaining the outright bet meaning, and we suggest you take a look at the examples we provide. They will make things a lot clearer. Let’s get to it.

What Does Outright Betting Mean In Horse Racing

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Tennis Outright Bets (Winner of US Open)

To better illustrate the meaning of outright betting, here is an example with tennis. The above chart shows the different players. On the right of each player, you can see his odds of winning in the bookmaker’s view. What is interesting about outright betting is that you do not necessarily have to make your bets before an event begins. The good news is that you can place wagers late in the game. That will still count as an outright bet. Just so you know, the excerpt is taken from a bookmaker’s site and shows the odds at the quarter-final stage of US Open 2014. As you can see, outrights are possible at this stage of the game.

Now, let us tell you that if you want to be successful, it is best to place wagers at a later stage of the competition rather than in the beginning. You will have bigger chances of guessing the winner. Just keep in mind that the odds will be much lower at this point, but it is better to bet on low odds and win than to risk your stake on high odds. If you wait to see how the competition is going, you will have time to see how each team or player is competing and who is in the best shape of their life.

So, you just got an idea ofhow this type of bet applies to tennis, but there are plenty of sports out there. What does outright mean and how is it expressed in terms of other sports? It means the same thing, only there may be more players and teams, and the odds get to be different. Let’s have a look at more examples.

What does outright betting mean in horse racing news

Outright Football Bets (Premier League)

Here is another example. For it, we are going to use an excerpt about the English Premier League taken from a UK bookmakers. The odds are taken from bookies during the 2014/15 season of the League.

Again, it reveals the odds of the different teams winning. As you can see, only a few teams have low odds, whereas the others have quite high odds. This just serves to show that these teams have little to no chance of winning the Premier League. The teams that have short odds are more likely to win.

The truth is, it is easy to select a winner of the League since fewer teams take part in it. But is this the same with other competitions? Keep reading our page and you will see.

So, we have seen how this type of bets works with football, but what does outright mean with regard to American football and how is it expressed? We suggest you have a look at the last section on this page where we give you one more example.

Outright Betting & American Football (Super Bowl)

This time the odds are expressed in moneyline format, but for your convenience, we have written its decimal equivalent in brackets.

The last example that will help you understand the outright meaning better is taken from a US bookmaker. The chart shows some of the participants in the 2015 Super Bowl and their chances of winning expressed with odds. As you can see, it is much more difficult to pick a winner in such a competition because there are quite a lot of teams. Just so you know, the figures from the above chart are taken at the beginning of the season.

Other Types

We advise you to check all of the betting types before you decide which one to use.

Other Betting Markets & Strategies

This is Our Conclusion

We picked three examples in an attempt to explain the meaning of outright betting. Such bets are very easy and straightforward. All you have to do is choose a winner and decide on your stake. It is easier to place such a wager than to make a correct prediction, but as you know sports betting has its risks.

What Does 220 Mean Betting

We believe we explained the outright bet meaning at length and we hope you know what they are about after reading the post.

Horse racing
  • Early history
  • The modern age of racing
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Horse racing, sport of runninghorses at speed, mainly Thoroughbreds with a rider astride or Standardbreds with the horse pulling a conveyance with a driver. These two kinds of racing are called racing on the flat and harness racing, respectively. Some races on the flat—such as steeplechase, point-to-point, and hurdle races—involve jumping. This article is confined to Thoroughbred horse racing on the flat without jumps. Racing on the flat with horses other than Thoroughbreds is described in the article quarter-horse racing.

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Horse racing is one of the oldest of all sports, and its basic concept has undergone virtually no change over the centuries. It developed from a primitive contest of speed or stamina between two horses into a spectacle involving large fields of runners, sophisticated electronic monitoring equipment, and immense sums of money, but its essential feature has always been the same: the horse that finishes first is the winner. In the modern era, horse racing developed from a diversion of the leisure class into a huge public-entertainment business. By the first decades of the 21st century, however, the sport’s popularity had shrunk considerably.

Outright

Early history

Knowledge of the first horse race is lost in prehistory. Both four-hitch chariot and mounted (bareback) races were held in the Olympic Games of Greece over the period 700–40 bce. Horse racing, both of chariots and of mounted riders, was a well-organized public entertainment in the Roman Empire. The history of organized racing in other ancient civilizations is not very firmly established. Presumably, organized racing began in such countries as China, Persia, Arabia, and other countries of the Middle East and in North Africa, where horsemanship early became highly developed. Thence came too the Arabian, Barb, and Turk horses that contributed to the earliest European racing. Such horses became familiar to Europeans during the Crusades (11th–13th century ce), from which they brought those horses back.

Racing in medievalEngland began when horses for sale were ridden in competition by professional riders to display the horses’ speed to buyers. During the reign of Richard the Lionheart (1189–99), the first known racing purse was offered, £40, for a race run over a 3-mile (4.8-km) course with knights as riders. In the 16th century Henry VIII imported horses from Italy and Spain (presumably Barbs) and established studs at several locations. In the 17th century James I sponsored meetings in England. His successor, Charles I, had a stud of 139 horses when he died in 1649.

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Organized racing

Charles II (reigned 1660–85) became known as “the father of the English turf” and inaugurated the King’s Plates, races for which prizes were awarded to the winners. His articles for these races were the earliest national racing rules. The horses raced were six years old and carried 168 pounds (76 kg), and the winner was the first to win two 4-mile (6.4-km) heats. The patronage of Charles II established Newmarket as the headquarters of English racing.

In France the first documented horse race was held in 1651 as the result of a wager between two noblemen. During the reign of Louis XIV (1643–1715), racing based on gambling was prevalent. Louis XVI (reigned 1774–93) organized a jockey club and established rules of racing by royal decree that included requiring certificates of origin for horses and imposing extra weight on foreign horses.

Organized racing in North America began with the British occupation of New Amsterdam (now New York City) in 1664. Col. Richard Nicolls, commander of the British troops, established organized racing in the colonies by laying out a 2-mile (3.2-km) course on the plains of Long Island (called Newmarket after the British racecourse) and offering a silver cup to the best horses in the spring and fall seasons. From the beginning, and continuing until the Civil War, the hallmark of excellence for the American Thoroughbred was stamina, rather than speed. After the Civil War, speed became the goal and the British system the model.

Match races

The earliest races were match races between two or at most three horses, the owners providing the purse, a simple wager. An owner who withdrew commonly forfeited half the purse, later the whole purse, and bets also came under the same “play or pay” rule. Agreements were recorded by disinterested third parties, who came to be called keepers of the match book. One such keeper at Newmarket in England, John Cheny, began publishing An Historical List of All Horse-Matches Run (1729), a consolidation of match books at various racing centres, and this work was continued annually with varying titles, until in 1773 James Weatherby established it as the Racing Calendar, which was continued thereafter by his family.

Open field racing

What Does Mean In Betting 110

By the mid-18th century the demand for more public racing had produced open events with larger fields of runners. Eligibility rules were developed based on the age, sex, birthplace, and previous performance of horses and the qualifications of riders. Races were created in which owners were the riders (gentlemen riders), in which the field was restricted geographically to a township or county, and in which only horses that had not won more than a certain amount were entered. An act of the British Parliament of 1740 provided that horses entered had to be the bona fide property of the owners, thus preventing “ringers,” a superior horse entered fraudulently against inferior horses; horses had to be certified as to age; and there were penalties for rough riding.

Contemporary accounts identified riders (in England called jockeys—if professional—from the second half of the 17th century and later in French racing), but their names were not at first officially recorded. Only the names of winning trainers and riders were at first recorded in the Racing Calendar, but by the late 1850s all were named. This neglect of the riders is partly explained in that when races consisted of 4-mile heats, with the winning of two heats needed for victory, the individual rider’s judgment and skill were not so vital. As dash racing (one heat) became the rule, a few yards in a race gained importance, and, consequently, so did the rider’s skill and judgment in coaxing that advantage from his mount.

Bloodlines and studbooks

All horse racing on the flat except quarter-horse racing involves Thoroughbred horses. Thoroughbreds evolved from a mixture of Arab, Turk, and Barb horses with native English stock. Private studbooks had existed from the early 17th century, but they were not invariably reliable. In 1791 Weatherby published An Introduction to a General Stud Book, the pedigrees being based on earlier Racing Calendars and sales papers. After a few years of revision, it was updated annually. All Thoroughbreds are said to descend from three “Oriental” stallions (the Darley Arabian, the Godolphin Barb, and the Byerly Turk, all brought to Great Britain, 1690–1730) and from 43 “royal” mares (those imported by Charles II). The preeminence of English racing and hence of the General Stud Book from 1791 provided a standard for judging a horse’s breeding (and thereby, at least to some degree, its racing qualities). In France the Stud Book Française (beginning in 1838) originally included two classifications: Orientale (Arab, Turk, and Barb) and Anglais (mixtures according to the English pattern), but these were later reduced to one class, chevaux de pur sang Anglais (“horses of pure English blood”). The American Stud Book dates from 1897 and includes foals from Canada, Puerto Rico, and parts of Mexico, as well as from the United States.

The long-standing reciprocity among studbooks of various countries was broken in 1913 by the Jersey Act passed by the English Jockey Club, which disqualified many Thoroughbred horses bred outside England or Ireland. The purpose of the act was ostensibly to protect the British Thoroughbred from infusions of North American (mainly U.S.) sprinting blood. After a rash of victories in prestigious English races by French horses with “tainted” American ancestry in the 1940s, the Jersey Act was rescinded in 1949.

Evolution of races

The original King’s Plates were standardized races—all were for six-year-old horses carrying 168 pounds at 4-mile heats, a horse having to win two heats to be adjudged the winner. Beginning in 1751, five-year-olds carrying 140 pounds (63.5 kg) and four-year-olds carrying 126 pounds (57 kg) were admitted to the King’s Plates, and heats were reduced to 2 miles (3.2 km). Other racing for four-year-olds was well established by then, and a race for three-year-olds carrying 112 pounds (51 kg) in one 3-mile (4.8-km) heat was run in 1731. Heat racing for four-year-olds continued in the United States until the 1860s. By that time, heat racing had long since been overshadowed in Europe by dash racing, a “dash” being any race decided by only one heat, regardless of its distance.

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