Sports Betting Glossary

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Favorite/Favourite	The individual or team considered most likely to win the event. It will have the shortest odds.
Field	1. All the competitors taking part in an event. 2. The odds offered collectively on non-listed individuals or teams.
Figure	Amount owed by a bookmaker.
Filly	A female horse up to five years of age.
Firing	Betting a lot. A player who is "firing" is betting large sums.
Fixed-Odds Betting	The type of betting where you get odds quoted at the time of placing the bet and you know what you will win or lose at once. However, fixed odds may be quoted as SP - i.e. starting price, which means you chose to take the price in the open betting market when the race starts. This may be higher or lower than the odds offered at the time of placing the bet - the decision as to which to take being the punter's choice.
Flea	An annoying human who wants something for nothing; a $2 bettor who expects to be rewarded for his action.
Fold	When preceded by a number, it indicates the number of selections in an accumulator.
Form	A factor used to rate how an individual, horse or team is currently performing or is expected to perform according to how a team looks on paper.
Fractional Odds	See odds.
Furlong	The distance of all flat races in the British Isles are measured in Furlong. Equates to 220 yards and there are eight furlongs in a mile.
Future	US term for Ante Post.
Future Bet	Bets accepted well in advance.