Glossary of Australian and New Zealand Punting - U

U

• Unbackable: A horse which is quoted at such extremely short odds that investors decide it is too short to return a reasonable profit for the risk involved.
• Under double wraps: An expression indicating that a horse won very easily without being fully extended.
• Unders: Odds about a horse which are considered to be bad value because they are shorter than its estimated winning probability.
• Undertaker: A bookmaker said to only be interested in laying "dead 'uns".
• Urger: see coat-tugger.