Goliath – permutation bet including eight selections. A Goliath consists of 247 bets: 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds and an eight-fold acca.
Grade races – the top level of National Hunt horse races (Grade 1, 2, 3) Grade 1 races include the Cheltenham Gold Cup, Grade 2 races include the Charlie Hall Chase at Wetherby and Grade 3 races include the Grand National.
Grand National – the UK’s most popular horse race, a steeplechase contested over 4 miles and 2 ½ furlongs at Aintree racecourse during April. Famous for iconic obstacles including The Chair and Becher’s Brook, and beloved racehorses such as Red Rum.
Group races – the top level of flat horse racing (Group 1, 2, 3) Group 1 races include the Epsom Derby, Group 2 races include the Dante Stakes at York and Group 3 include the Brigadier Gerard Stakes at Sandown.
Hedging – placing a bet against an existing bet to ensure a profit - most common in markets where there are only two competitors. Something which has become more popular with online bookmaker’s cash-out feature.
Heinz – a permutation bet with six selections. Heinz bets consist of 57 bets: 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and a 1 six-fold acca.
Hurdle races – a National Hunt race over hurdles. Hurdles are a minimum of three and half feet high, normally made of brush and flexible. Smaller than steeplechases, hurdles allow for a faster paced race.
IBAS - The Independent Betting Adjudication Service – an independent service endorsed by most UK bookmakers and the Gambling Commission which can adjudicate between a punter and bookmaker if there is a dispute over a bet.