Glossary of Australian and New Zealand Punting - E

E

• Each way: To bet for a win and a place.
• Educated money: An amount invested on a horse from a stable or informed source.
• Emergencies: Substitutes, or replacements, for horses which are scratched from a race which is limited to a number of starters. The 'emergency starters' are drawn up by ballot or lottery to take the place of any runner that is withdrawn.
• Emu: A person who picks up discarded betting tickets on a racecourse, hoping that some will be of value. The person strikes a similar pose to Australia’s largest native bird when feeding.
• Entire: Any male horse with both testicles in the scrotum.
• Equipment: includes regular tack and gear which must be approved. See Gear changes.
• Even money: Odds of 1-1. A total return of $2 for a $1 outlay.
• Exacta: Exotic bet to select the first two finishers in a race in the exact order of finish.
• Exotics: Any bet other than a win or place e.g. Quinella, trifecta, quadrella, superfecta, treble, exacta.