Riding a Heater
Back to Encyclopedia

Umbrella

general

In the context of sports betting, particularly in horse racing, an "umbrella" or "umbrella spread" is not a standard term. It might be used colloquially or in specific contexts to refer to a type of combination bet covering multiple outcomes, but it is not widely recognized.

Key Takeaways

  • 1In the context of sports betting, particularly in horse racing, an "umbrella" or "umbrella spread" i

Umbrella

In the context of sports betting, particularly in horse racing, an "umbrella" or "umbrella spread" is not a standard term. It might be used colloquially or in specific contexts to refer to a type of combination bet covering multiple outcomes, but it is not widely recognized.

Example

The bettor tried to explain his umbrella strategy to the bookie, but the term wasn't recognized.

The Daily Heater

Best odds across 15+ sportsbooks, delivered daily.