Simply put liability in betting is the amount of money you have risked, the maximum that you can lose. When you make a back bet it’s easy to understand, if you bet £10 on Red Rum then your liability is that £10, that’s the most that you can lose, your liability. Where it can get complicated is on the betting… Read More »What is liability in betting
A directory of common horse racing terms and frequently asked questions
RPR stands for Racing Post Rating and it is the Racing Posts rating for the horse adjusted for today’s weights. So in theory in the opinion of the Racing Posts private handicapper the horse with the highest RPR should win the race. In practice that is not the case because no rating is 100% accurate and many horses in a… Read More »What does RPR mean in horse racing
Horse Racing Accumulator Simply put an Acca bet is a bet on a number of different events combined in one bet such that all the profit from one selection is staked on a second selection, the profit from the second bet is staked on a third and so on. What does Acca Stand For? Acca is an abbreviation of accumulator… Read More »What is an Acca Bet?
SP stands for Starting Price, it is the price that a horse was trading at just before the off and if you had a bet with a bookmaker and didn’t ask for a price then your bet will be settled at Starting Price. In the old days the SP was calculated by a representative of the Starting Price Regulatory Commission… Read More »What does SP (Starting Price) mean in betting
A Rule 4 deduction is made when a horse is withdrawn before a race starts but where bets have already been taken. So an example will help to explain… If a race is just about to start and most of the bets from the public have been made and then a horse that was prominent in the market can’t start… Read More »What are Rule 4 Deductions