This is a bet made by a cautious Bookmaker on a horse on which he has accepted large bets. This would cut his losses if the horse wins (also known as a 'lay-off. A stable expression, meaning that the player bet on a victory of any horse: «I bet on the nose of this horse, which is the first to cross the finish line». On the Nose is a particular term linked to horse betting. That means you are betting on the horse to win and any other result will not get you paid. Related. AMP FOREX TRADING

Place: A horse is said to place when it finishes second. You can make a place bet it you think it probably won't win but that it won't be too far behind the first-place horse. You'll win if you're right. You'll even collect the horse's second-place winnings if it comes in first, but not if it finishes third.

Show: A horse that comes in third is said to show. A show bet works much the same as a place bet—you'll collect the horse's third-place winnings if it comes in first, second or third. A winning horse will pay the most on bets that it will finish first. It will pay a little less for place bets and even less for show bets, but it can effectively pay out in three ways—thus the allure of across-the-board bets. Exotic Wagers As the name suggests, "exotic" wagers are fancier and more complicated.

They involve more than one horse. This means they're harder to win, but they also pay more than straight bets. Here are a few examples of exotic bets. Boxed bet: Boxing a bet means to cover all possible combinations of finish for multiple horses. In other words, you think those two horses will finish first and second, but you're not sure in what order. Daily double: You're betting on two separate horses in consecutive races in a daily double, usually the first and second races of the day.

Each of your horses must finish first. Exacta : You must pick the first two finishers in a race in the exact order they finish—unless you box your bet. An exacta is called an "exactor" in Canada, short for "exact order. You would bet on the first place finishers of three consecutive races instead of two. But Pick 6's offer significant winnings and sometimes, at the discretion of the track, they might offer consolidation payouts.

Extended periods of time can go by without anyone winning a Pick 6, so some racetracks will "carry over" the unclaimed winnings , moving the money forward to the next race or sometimes the next day so the pot grows and grows until someone strikes it big.

Quinella: A quinella is a variation of boxing your bet. The two horses you pick must win and place, but the order in which they finish doesn't matter. This is a single bet, unlike a boxed exacta which is technically two bets. It, therefore, pays less if you win. Superfecta: This is up there with the Pick 6 when it comes to difficulty.

You must select the first four horses to finish in a race in the exact order they finish. Of course, you can box a superfecta just as you would an exacta, but you're talking twice as many horses so this involves covering a lot of combinations. It can be pretty expensive, so if you're wrong—even one horse you didn't anticipate sneaks into the top four—you could lose a fair bit of money. Trifecta : Sometimes called a triple, this wager involves picking the first three finishers in a race. It's sort of a middle ground in difficulty between an exacta and a superfecta.

Again, you must select the horses in the correct order unless you box your bet. Exotic bet — Any bet other than win, place, or show that requires multiple combinations. Examples of exotic wagers are exacta, trifecta, Pick 6, Pick 4. Daily Double or Double — Type of bet calling for the selection of winners of two consecutive races. Exacta — A wager in which the first two finishers in a race, in exact order of finish, must be picked. Box — A betting term denoting a combination bet whereby all possible numeric combinations are covered for certain horses.

Exacta box — A wager in which all possible combinations using a given number of horses are selected. For example, an exacta box using horses 2,4,6 would produce a winning ticket if any two of those three horses finished first and second, regardless of the order , , , etc.

Quinella - Bet in which the first two finishers must be picked in either order. Trifecta — A bet in which the first three finishers must be selected in exact order. Trifecta box — A trifecta wager in which all possible combinations using a given number of horses are bet upon.

Pick 6 or other number — A type of multi-race bet in which the winners of all the included races must be selected. Brush Up on Gambling Lingo Bounce — A racehorse's especially poor performance on the heels of an especially good one.

Chalk — Betting favorite in a race. Chalk player — Gambler who wagers on favorites. Key horse — A single horse used in multiple combinations in an exotic bet. On the board — Finishing among the first three.

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What does it mean to bet on the nose? I bet twenty pounds on the nose on that horse. What distance is a nose in horse racing? A nose is 0. The abbreviation for a nose winning distance is nse. Does on the nose mean obvious? It is obvious. What does over literal mean? What does the phrase on the dot mean? I expect you to be here on the dot of 5. What is the meaning of the idiom a fish out of water? A person away from his or her usual environment or activities. For example, Using a computer for the first time, Carl felt like a fish out of water, or On a hiking trail, Nell was a fish out of water.

This expression alludes to the fact that fish cannot survive for long on dry land. Their efforts to keep the peace have been heavy-handed. Is button nose an idiom? Precisely accurate; exactly right. Her predictions about the company's collapse were right on the nose. At the exact time specified.

True to his word, the detective arrived at PM on the nose. Representing someone or something with indelicate or awkward directness; lacking subtlety or nuance. It was all a bit on the nose, if you ask me. Farlex Dictionary of Idioms. For example, The busload of students arrived at the museum at ten o'clock right on the nose, or He guessed the final score on the nose.

This term, like on the button , may come from boxing, where the opponent's nose is a highly desired target. All rights reserved.

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