Sports Betting Glossary - S

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Split - Applies to Tournament-type bets only. The figure by which the outright odds are multiplied in order to calculate the payout for a place.

Spread - See Pointspread.

Spread Betting - An innovative form of betting for high rollers. Started by City traders and based on stock market principles, it allows punters to lose more money than they thought they would.

Stake - The amount of money wagered.

Starting Price - The official odds, calculated from selected on-course board prices, for a horse as the race starts.

Steamer - A runner whose odds are continually shortened in the face of heavy support.