Greyhound Racing Glossary - P

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Permutation – Each individual way of arranging items, where a differing serial order counts as a different way.

Place bet – A bet on the odds of your dog finishing first or second

Photo finish – A finish-line camera that photographs the finish of the race and is used to determine the winner in the instance of a close result.

Pony - Betting term for £25.

Pool betting – Known as Tote betting in the UK, where the total stake money for a particular type of bet in a particular event is pooled together and the winnings are a share of the pool after a deduction is made by the operator.

Postponement – Where a race is run later in the day, bets made prior to the postponement still stand. If the race is postponed to another day, overnight declarations must be ruled as standing for the bets to remain valid.

Price – The odds offered by a bookmaker on a certain bet.

Prize money – The total of the entry fees, forfeits, declarations, the sum contributed by the racecourse executive and any sponsor money.

Program – Booklet or card designating race times, odds and past performances of different animals.

Punter - A person who gambles or lays a bet.

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