December 4, 2023

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Betting A-Z: F – The Ultimate Encyclopaedia for All Your Betting Needs

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Betting encyclopedia

Betting encyclopedia

Betting A-Z: The Ultimate Encyclopaedia for All Your Betting Needs- F

Fair odds – The true odds of an event occurring, without any built-in profit margin for the bookmaker or other parties involved.

False favorite – A horse that is bet heavily based on its perceived chance of winning, but ends up performing poorly.

False start – A false start occurs in a race when one or more competitors break the start before the race officially begins. The race is then restarted.

Fast fractions – A term used in horse racing to describe a fast pace during the early part of a race.

Fast track – A track that is firm and dry, which usually results in faster race times.

Fast track conditions – A set of conditions in which the track is dry and fast.

Fastest qualifier – In horse racing, the horse that records the fastest time in the qualifying rounds or trials for a particular race.

Favourite – The horse or team that is expected to win a particular event, based on the odds.

Favourite bias – A bias that occurs when bettors tend to back the favorite more than they should, leading to an overvalued favorite and undervalued underdogs.

Favourite-longshot bias – A tendency among bettors to overestimate the chances of favorites and underestimate the chances of longshots, leading to undervalued longshots and overvalued favorites.

Favourite-longshot parlay – A type of bet in which the bettor wagers on both the favorite and a longshot, with the winnings from the favorite bet being used to place an additional bet on the longshot.

Favourite-longshot strategy – A betting strategy that involves backing both the favorite and a longshot in the same event, with the aim of generating a profit if the longshot wins and the favorite places.

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Favourites system – A betting system that involves consistently backing the favorites in a particular sport or event.

Field – In a horse race, the entire group of horses that are running in the race.

Fillies – Female horses that are under four years of age.

Filly – A female horse that is under four years of age.

Final furlong – The last section of a horse race, usually the last eighth of a mile.

Finish line – The line that marks the end of a race.

Finishing position – The position in which a horse or team finishes a race or event.

First past the post – A term used to describe the winner of a race or event, based on who crosses the finish line first.

First time blinkers – In horse racing, the first time a horse wears blinkers, a type of headgear that limits a horse’s peripheral vision to help them focus on the race.

Five-fold – A type of accumulator bet that involves betting on the outcome of five different events or matches.

Fixed limit – A type of betting in which the maximum amount that can be bet on a particular event is fixed.

Fixed odds – A type of betting in which the odds are fixed at the time the bet is placed and do not change.

Fixed return – A type of betting in which the return on a winning bet is fixed at the time the bet is placed.

Fixed-odds betting – A type of betting in which the odds are fixed at the time the bet is placed and do not change.

Fixed-odds betting terminal (FOBT) – A computerized betting machine that is commonly found in betting shops, which allows customers to place bets on a variety of different sports and events.

Flat bet – A type of betting in which the same amount is bet on each event or match.

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Flat racing – A type of horse racing in which horses race on a flat track, without any jumps or obstacles.

Flexi betting – A type of betting in which the bettor can choose their own stake and receive a corresponding percentage of the total winnings.

Fluctuation: Refers to the changes in the odds of a particular selection in the betting market due to the volume of bets placed on it. As more money is wagered on a selection, the odds for that selection may shorten or decrease, and vice versa.

Forced bet: A bet that a player is required to make in a particular game or hand, often in the context of certain types of poker games.

Forecast: A type of bet where the punter predicts the first two or three finishers of a race in the correct order.

Forecast bet: Another term for the exacta or perfecta bet, which is a type of bet in which the punter must correctly predict the first two finishers of a race in the correct order.

Form: The recent performance history of a racehorse, athlete, or team, which is used to assess their potential future performance.

Form line: A record of a horse or team’s previous performances, used to help predict their future performance.

Form player: A punter who places bets based on the recent performance history of a racehorse, athlete, or team, often using their own analysis and judgment.

Form rating: A numerical rating system used to assess the recent form of a horse or team, often used by bookmakers to help set odds.

Form reversal: A sudden change in the performance of a horse or athlete from their previous form, which can be either positive or negative.

Form study: The process of analyzing a horse or team’s recent performance history in order to make more informed betting decisions.

Four-fold: A type of accumulator bet consisting of four individual selections, all of which must win for the bet to be successful.

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Fractional betting: A type of betting where the odds are expressed in fractional form, such as 2/1 or 5/2.

Fractional handicap: A type of handicap where the bookmaker offers fractional values, such as 1.5 or 2.25, to balance the odds between two competitors.

Fractional odds: A type of odds expression used in betting where the potential winnings are expressed as a fraction of the original stake, such as 2/1 or 5/2.

Free bet: A type of promotional offer given by bookmakers, where the punter is given a certain amount of money to bet with for free.

Front runner: A horse or athlete that is expected to take an early lead in a race or competition.

Front-running tactics: A strategy used by a horse or athlete to take an early lead in a race or competition, often in an attempt to control the pace of the race.

Full cover: A type of bet that covers all possible combinations in an accumulator or multiple bet, often ensuring at least some return on investment.

Furlong: A unit of distance used in horse racing, equivalent to one-eighth of a mile or 220 yards.

Furlongs-per-fortnight (FPF): A unit of speed used in horse racing, calculated as the number of furlongs a horse can travel in a fortnight (14 days).

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