Breaking down the jargon and strategy of horse betting

Decoding sports-betting language

The world of sports gambling is filled with insider lingo: What's a "spread"? How about a "moneyline" or a "parlay"? This resource breaks down the jargon, helping you navigate the industry or, at least, giving you the keys to talk about it.

Every Kentucky Derby-winning horse

Racing a thoroughbred isn't just about riding a horse as fast as you can. There is a complex racing strategy that forces jockeys to balance aggression and patience, conserving energy for that final stretch. This Kentucky Derby Winners article explores the split-second decisions jockeys make during high-pressure races, the moves they make to outsmart their opponents, and the importance of connecting with their horse.

The complicated economics of horse racing

The Triple Crown commands big ratings (and enormous amounts of money in betting) but the sport as a whole is in a precarious position, thanks to limited tracks and an overreliance on subsidies. This special from Freakonomics unpacks what all that means for the future of the sport.

Find out the difference between prediction markets, sports betting, and investing

As one expert put it, "investing is a long-term strategy to build wealth over time, speculation is an attempt to predict the future, and gambling is a game of luck."

How math whizzes exploit sportsbooks

Chris Dirkus is a professional sports bettor who approaches the hobby as a math problem, not from a fan's perspective. He focuses on mispriced odds in popular games where many fans are betting for high liquidity. He's one of a rare segment of sports bettors exploiting slow models and human mistakes.

How to put on a hedge

These days, hedging your portfolio isn’t just for hedge fund managers. An explainer from Robinhood delves into what a hedged position actually is, why traders put on hedges, and how you, too, can work to guard your holdings against a market downturn. The idea is to derive gains from your portfolio when markets are trending up, down, or sideways.

Among most mainstream sports broadcasts, sports betting ads appear most often in women's basketball and hockey

A random selection of 50 different sports broadcasts tracked one sports betting reference every four minutes. In one of the randomly selected hockey games, the longest stretch of no gambling reference lasted about five minutes towards the end of the game.

What it means to call a bracket 'chalk'

If the tournament is rather boring, you might hear a curious word getting thrown around: "chalk." In short, it means that the favorites have been winning. The word's origins go back to horse racing and its sportsbooks, where bookies would post odds on chalkboards. Over time, the bookies came to be known as "chalk" and, years later, tournaments (and their brackets) that seemed to favor those bookies earned the name, too.

How Seabiscuit's DNA made him a winner

Seabiscuit's sudden success in the sport has been framed as a classic against-the-odds sports story. One Binghamton University molecular physiologist wanted to go a bit deeper, though, to see how much genetics played a role in the horse's legendary career. Using the horse's silvered hooves, his research team discovered that Seabiscuit's genotype was typically associated with late bloomers, a finding confirmed by the horse's track record.

Horse diving was a popular attraction for 50 years

The event, which took place in Atlantic City, is exactly as it sounds: horses, directed by (sometimes scantily clad) riders, would jump from diving boards into pools. Although it was a popular spectacle for decades, it fell out of favor by the late 1970s.

Using scientific bets, Hawking challenged and highlighted major physics ideas

Hawking famously placed wagers on high-stakes questions in theoretical physics—such as the Higgs boson—for fun and to draw attention to science. When Hawking lost a bet about Cygnus X-1 being a black hole, he paid up with a magazine subscription.

How to identify baseball pitches

You might be familiar with terms like "fastball," "curve ball," and "change up," but identifying the specific elements of each pitch type—not to mention what constitutes the more specific types like "splitter" and "cutter"—can leave even passionate fans stumped. This helpful guide to the most used pitches in the big leagues allows you to become a pro in just a few minutes.

Learn how the NFL Draft works

Teams select players in a set order over seven rounds, with the weakest teams from the prior season picking first. Picks can be traded, and teams that lose free agents may receive additional compensatory picks.

A fast explainer on every Winter Olympic sport

Slalom, luge, skimo: The 16 sports at the Winter Olympics aren't the most familiar to everyday audiences. They can be divided into three categories: track, indoor, and outdoor. This video breaks down each sport's rules and quirks and the variations of its events in less than eight minutes.

Lady Wonder, the horse with supposed clairvoyant powers

Lady Wonder became widely known as a horse that shared her special powers by spelling out words by using blocks with letters. She reportedly helped solve the case of a missing young boy while also offering advice and sports predictions.

Election 101 podcast

What’s actually at stake when someone casts their vote in a US election? CNN’s “Election 101” podcast series provides ten episodes summarizing some of the basics of democratic elections. The ins and outs of voting are highlighted in 15-minute episodes on voter registration and voting by mail. Additional segments highlight how the electoral system works, how ballots are counted, the Electoral College, why it takes so long to get election results, and more.

Horses can—and sometimes should—drink beer

Despite its reputation, beer is a good source of nutrition. In fact, it's a fairly common practice for horse owners to give beer to their horses. Beer is rich in skin-healing B vitamins, gut-stabilizing yeast, and hydration-encouraging barley. Plus, horse livers come prepared with special enzymes that break down alcohol, making inebriation nearly impossible.

The word 'Peloton' comes from the word for the main group of riders in a cycling race

The word itself is French for "ball," but became the inspiration for the word "platoon" in the 17th century to describe a group of soldiers. Now, it's a common cycling term and the main focal point in cycling races.

Pickleball combines elements of tennis, badminton, and table tennis

In this video, That Pickleball Guy walks you through the serve and two-bounce rules, what is “the kitchen,” and teaches five ways to win a rally.

The Oscars' best picture selection process differs from other awards

While every other award is given to whoever gets the most votes, best picture is selected through a ranked-choice voting process. The winner needs to receive more than half of the total votes to come out on top.

Analyzing the PGA Tour's leaderboard

In 2007, the PGA Tour introduced the FedEx Cup, marking the first time men's pro golf had a playoff system. This PGA Tour interactive shows the Cup standings year-to-date, along with video and news updates. Click on a player's name and get a detailed page about their career, including total wins, scorecards from recent matches, and what clubs are in their bag.

Hedge funds, the private investment firms that trade a wide swath of financial assets, make money by imposing steep fees on investors and from the fund's investment performance.

How the YouTube algorithm works, according to MrBeast

In this brief interview clip, the YouTube savant "MrBeast" summarizes how the YouTube algorithm—which he relies on to make his content go viral—actually works.

Learn how stablecoins function in just 4 minutes

This video explains the basics of stablecoins in a beginner-friendly manner. It also dives a bit deeper into the larger stablecoin landscape, detailing, for instance, the many stablecoins backed by fiat currency other than the US dollar, like the euro, the Turkish lira, and the Singapore dollar.

The legend of the Chinese zodiac involves a race between animals

The legend of the Chinese zodiac says that to help people keep time, the emperor of the gods established a 12-year cycle, with each year symbolized by a different animal. To choose the animals, he held a cross-river race. Each of the winning animals used their unique skills to get across the river: The snake is sneaky, the rabbit is nimble, and the rat is cunning. These characteristics are believed to be mirrored by those born under the animals’ zodiac signs.

Lottery winners have two choices: lump sums or annuities

Lottery winners can receive either a lump sum or a yearly payout for 30 years. If they take the lump sum, they can receive only about 60% of the winnings—and that 60% is then taxed. If they choose to receive the annual payout as an annuity, there are tax strategies they can use to minimize how much they owe.

Clever Hans was a 1900s horse that was believed to be able to solve math equations, tell time, and read and comprehend German, until a psychology student discovered how he got his answers.

Learn how to read a prospectus, the juicy document that any company must file with the SEC before going public.

Some coin denominations have ridges etched on their sides, partly to prevent counterfeiting, in a practice called 'reeding.'

Watch how algorithms can be designed to train themselves and self-improve without human input, to the point where the optimized code is too complex for programmers to understand.

Warren Buffett's former professor Benjamin Graham is known as the 'father of value investing,' a strategy in which investors seek to buy stocks trading below their intrinsic worth.

Gerrymandering works through two techniques: cracking opposing voters across districts to dilute their power, and packing them into a few to waste their votes in lopsided majorities.

Play the role of a student in a game where you try to navigate college and remain debt-free, selecting different income levels, high school experience, race, ethnicity, and more.

See how fireworks are made and learn how metals like magnesium and copper are responsible for different colors.

Exploring the Larry Bird punch that almost changed March Madness

Netflix profits when you're not watching, and its movies are designed that way—read a detail-rich critical essay exposing lesser-known Netflix takes

See how Budweiser's famous Clydesdales spend their days at Warm Springs Ranch, where roughly 70 to 80 of the beer brand's giant horses can be found at any given time.

The 1987 Nintendo video game 'Stadium Events' isn't known for being particularly fun, but its scarcity has made it a highly sought-after item that has sold for up to $35K at auction.

Explore the animals that populate the depths of the ocean, from fish and coral in the first few hundred feet, all the way down to the bottom of the Mariana Trench.

Watch how viruses like Ebola can spill over from animals to humans—and vice-versa.

Brandi Chastain, the star of the 1999 US victory over China in the 1999 Women's World Cup, was a last-second choice to take the penalty kick that sealed the victory.

Chaos theory—informally known as the butterfly effect—is the reason why weather forecasts are presented with probabilities rather than certainties.

Explore an interactive map of battles from the American Revolution, along with detailed summaries of each engagement

According to the physics of black holes, our 4D reality may be a hologram—a projection of information coded on a 2D surface on the edge of the universe.

Hear 50 years of iconic hip-hop samples, the genre's foundational looped tracks

Explore fun facts from the USPS, including unique post office buildings, a stamp that traveled past Pluto, and more.

This poison ivy knowledge quiz—accompanied by photos of the plant's varied forms—may help you identify this common rash-inducing growth.

To reduce wrinkles in clothing, research recommends gentle wash cycles with more water and tumble drying with smaller loads and longer times.

The syncytiotrophoblast is the outer layer of the placenta and the largest human cell, spanning an area about twice that of a king-sized bedsheet.

Explore a list of the 100 best novels of all time, compiled by some of the world's best living writers, including Salman Rushdie, Stephen King, and Jennifer Egan.