Betting Dictionary

Wager: A transaction on any event where an amount of money is staked. (click to edit)
Waterfall: A variation of a "Round the Clock" bet on three or more selections where money in hand is invested on to the next horse only, for example, (ABC) 10p win A "ATC" 10p win B, 10p win B "ATC" 10p win C, 10p win C "ATC" 10p win A. (click to edit)
Wheel (US): A form of betting in which daily double, perfecta or quinella player makes every possible combination bet on his favoured horse or horses. (click to edit)
Wheel Plays: A wheel plays are usually trifectas and superfectas where multiple finishing positions are boxed together. For example, a player that thinks he has a lock for the winner and cannot firmly decide on the other spots can box any number of horses into the place and show positions. A $2 '1' horse wheeled with 2-3-4 and 2-3-4-5-6 would cost $24 and there would be 12 different combinations that would produce a winner:

' Bet 1 - $2 ' Trifecta 1-2-3
' Bet 2 - $2 ' Trifecta 1-2-4
' Bet 3 - $2 ' Trifecta 1-2-5
' Bet 4 - $2 ' Trifecta 1-2-6
' Bet 5 - $2 ' Trifecta 1-3-2
' Bet 6 - $2 ' Trifecta 1-3-4
' Bet 7 - $2 ' Trifecta 1-3-5
' Bet 8 - $2 ' Trifecta 1-3-6
' Bet 9 - $2 ' Trifecta 1-4-2
' Bet 10 - $2 ' Trifecta 1-4-3
' Bet 11 - $2 ' Trifecta 1-4-5
' Bet 12 - $2 ' Trifecta 1-4-6

These kinds of bets that involve many different horses coming in several positions can be very confusing and may cost more than anticipated if too many horses become involved. It is important to realize value in the plays before going overboard with these sorts of combinations. (click to edit)
Wheeling (US): A racing system devised for the daily double bet in which the bettor backs one horse in the first race and every horse in the second (also known as "baseball" or "locking"). (click to edit)
Win Only: A bet which can only be placed to win. (click to edit)
With the Field: Having one horse linked with all the other horses in an event. It can apply to forecasts or in doubles. (click to edit)