Evidence-first racing research

Horse Racing Tipster Glossary

Plain-English definitions for common tipping, odds, staking and results terminology.

Key terms used across Racing Researcher.

Core terms

Advised odds
The quoted price when a tip is issued.
Each way
Two bets: win and place.
Level stakes
A consistent staking unit applied across selections.
NAP
A tipster's principal or strongest selection.
ROI
Return relative to the amount staked.
Strike rate
The proportion of selections meeting the defined winning outcome.

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Last editorial build: 23 September 2026. Content is informational and does not guarantee betting outcomes.