A Dictionary Of Horse Racing Terms – B – Part 1
Bad Legs:
Bad Legs are a very common condition amongst racehorses
To really get to grips with what is involved when training a horse in preparation to race, we should make a comparison with the process that is undergone when training human athletes.
For example, what might have happened if Seb Coe had tried to run in the 100m?
Did you ever see Seb Coe turning up on the track without his tracksuit on, or would he have raced if he had badly injured his legs?
Horses exactly like humans have distances that they favor and are competitive at, and this is very important in deciding how a horse will fare in a race against the competition.
When sweating up before or after a race, horses have blankets thrown over them because just as humans pull muscles, strain tendons and in severe cases pull up during a race, so do horses.
Trainers get really anxious about a horses forelegs. It is these in particular that take a great deal of punishment during a race, and especially when jumping fences or when the ground is very hard.
Sometimes the condition “bad legs” can be put down to being inherited, and often it can be protected against by wearing bandages on the forelegs to provide additional support.
Betting on the rails:
Bookmakers are not allowed to make a book in the member’s enclosure on racecourses.
Many of the annual members or those who pay on the day to enter the members enclosure, do obviously want to have a bet, so to get around this problem bookmakers set up pitches right next to the rails that separate members from Tattersalls ring.
A lot of business on the rails is done on credit, but cash is usually also taken
Rails bookmakers are essential to the price shifts in a market, but they are no longer able to control the movements exclusively. This is because 90% of betting today takes place off course.
The balance of power has been disrupted by the Betting Exchanges, such as Betfair and Betdaq.
Rails Bookmakers have their own association, and are generally considered to be at the top end of the market.
Solid support for a given betting shop horse will force the price down on the racecourse as the money for it filters through to the racecourse, and in particular the rails by telephone by tic tac, and now by wireless computer networks. Instantly the shorter price is relayed to the other betting rings on the course.
The interaction between the 3 main betting sources nowadays includes Betting shops, the Betting Ring and the Betting Exchanges. The use of live websites and Satellite Information Services enables these 3 sources to interact simultaneously, and the experienced trader will have to establish the delicate balance between these 3 sources to succeed at his trade.
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by admin on May 10th, 2011 Tags: bad legs, betfair, betting exchange, betting on the rails, betting shop, blinkers, Horse Racing
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