Glossary of Australian and New Zealand Punting - I

I

• Imports: Horses imported to Australia are indicated by an abbreviation the country of their birth, such as New Zealand (NZ) and United States (USA). An * (asterisk) suffix may also be used to denote horses imported from England or Ireland to Australia or New Zealand.
• Impost: The weight a horse is allocated or carries.
• In the red: The price of a horse when it is odds on. The Bookmakers’ boards display ‘odds on’ in red to distinguish from odds against.
• Inquiry Inquiry into the running of the race. Can result in demotion of one or more horses in the finish order.
• Irons: Stirrups.