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Value

Describes odds which are longer than the true odds, or better than the anticipated price for a horse, based on your understanding of its ability and form.

Vingt-et-un

Another name for blackjack.

Weight

The weight carried by each horse in a race. Includes the jockey and all equipment except the bridle and the jockey's helmet. If this is not enough to match the weight demanded by the official 'handicapper' then dead weight is added to the saddle pockets. If the jockey is too heavy he will try to make the weight by ay, taking a sauna. If he fails, the fact that he is 'carrying overweight' will be announced on the race course.

Welcher

Anyone, particularly a bookmaker, who fails to pay on a wager.

Win Pool

The Tote operates pools for win and place betting. For a dividend from the win pool, your chosen horse must win - second, third or any other position will not count.

Win Single

One bet selecting the winner of a race.

With the field

Describes a bet placed to include all the runners, or the remaining runners in a race.

Yankee

A type of bet in which the punter backs four horses in six doubles, four trebles and an accumulator.
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