Short Price
Betting Term: When there are low odds, meaning you will get very little back from your initial stake.
Shortening odds
Betting Term: When a bookmaker reduces the odds on a particular horse.
Shut out
Betting Term: When a punter fails to make their bet before the gates open and the race begins.
Single
Betting Term: Pick one horse who will win any race. AKA Win Only Bet
Starting Price
Betting Term: Also known as SP, Starting Price are the final odds just as the race is about to begin.
Steaming
Betting Term: Describes the change in the price of a horse that has seen significant shortening in its odds.
Straight Forecast
Betting Term: Pick two horses (in the correct order) who will finish in the top two places of the race. AKA Exacta / First Two
Super Heinz
Betting Term: Pick seven horses (selections), across seven races, to create 120 bets. Includes 21 doubles, 25 trebles, 21 fivefolds, 7 sixfolds and an accumulator. At least 2 horses need to win to get any return.
Super Yankee
Betting Term: Pick five horses (selections), across five races, to create 26 bets. Includes 10 doubles, 10 trebles, 5 fourfolds and a fivefold accumulator. At least 2 horses need to win to get any return. AKA Canadian
Superfecta
Betting Term: Pick four horses (in the correct order) who will finish in the top four places of the race.