An inside look at the Cheltenham festival 2017 betting & odds  In less than three weeks, the number one horse racing event of the year will be underway in Cheltenham, England. Over 160 years old, comprised of 28 separate races, and with over 220,000 expected to attend it is easy to see why so many people look forward to this event.

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Whether you are a seasoned flutterer or a novice looking to place your first bets, you can check out the Cheltenham Festival 2017 betting & odds at William Hill website. There you will find the best selection of odds on offer, and hopefully will find some inspiration for picking a winner on the day of the race. If you are a beginner, some of the terminology used online, on the TV, and at the course itself, could be a little confusing for you. Luckily for you, we are here to help with a selection of some of the most bizarre lingo, and what on earth it actually means.

Accumulator Bet- this is an important one and means a bet which involves more than one race or more than one horse. Each time you win, you move on to the next selection but should you lose one, you risk losing everything and going back to square one.

Age- did you know that all thoroughbreds are born on January the 1st? Well now you do!

Backward- a horse or mare that hasn’t reached the peak of their maturity or is not healthy enough to give a good performance.

Cockle- the slang used to refer to the odds 10-1.

Going- this refers to the quality of the running surface and often ranges from firm to heavy.

In-running betting – this refers to the practice of betting on the outcome of a race whilst the said race is underway. The exciting thing about it is that the odds can change very rapidly as the race progresses making it more of an adrenaline rush if you pick a winner!

Layer- another name for a bookie, bookmaker or person who takes a bet.

On the nose- this term refers to placing a bet on a horse to win.

Return- this is the total amount of money in your pocket including the original stake after backing a winner.

Stayer- a horse that excels when racing over long distances.

Trixie- this peculiar term refers to a bet consisting of four other bets combined which involve three selections in other events. This type of bet consists of one treble and no less than three doubles and the better needs at least two selections to get a successful return.

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Horseracing is a sport that has been around for hundreds of years so it is no surprise that some strange slang has been adopted along the way. But do not worry, after a few flutters you will soon start to pick up the lingo and in no time at all, not only will you be seeing a great return, but you will be talking like one of the regulars!