ZED Picks Glossary
Last updated August 18, 2025
Quick Start
Welcome to ZED Picks, the mobile-first, pick-and-play racing game. This glossary translates the app’s race screen and betting terms into plain English so you can make faster, smarter picks.
Odds & Probability
Decimal Odds (e.g., 2.15x, 1.50x)
The multiplier on your stake if your pick wins. Decimal odds show total return, which includes your original stake.
- Example: $10 × 2.15x = $21.50 total ($11.50 profit)
- Example: $10 × 1.50x = $15.00 total ($5.00 profit)
Implied Probability
A quick estimate of a horse’s chance to win from its odds.
- Formula (decimal odds): implied probability = 1 / odds
- In percent: implied probability (%) = (1 / odds) × 100
Rule of thumb
- Lower odds → higher probability, smaller payout (often the favorite)
- Higher odds → lower probability, bigger payout (often a long shot)
Labels & UI
- Hot Pick — The horse with the highest modeled win probability in that race (typically the lowest odds).
- Lock / Entry Cutoff — The last moment to submit or edit your pick before the race starts. After lock, the slip is set.
- Live — The race is underway; new entries for that race are closed.
Wallet & Currencies
- ZCoin — Free‑to‑play currency for practice, learning the app, and friendly competition. No cash‑out value.
- ZCash — Real‑rewards mode. Play for withdrawable prizes subject to eligibility, verification (KYC where required), and location rules.
- Balance — You’ll see separate balances for ZCoin and ZCash. Winnings credit back to the balance you used to enter.
Picks & Payouts
- Pick / Single — One selection on one race. Payout = stake × odds if it wins.
- Multi / Parlay (coming soon) — Combine multiple legs into one slip for a bigger multiplier. All legs must win to cash.
- Leg — An individual selection within a multi/parlay slip.
- Payout Multiplier — The decimal odds applied to your stake.
- Stake — The amount you place on a pick.
Pro tip: Decimal odds in ZED Picks already include your stake in the total return.
Racing Basics (Context)
- Field — The set of horses in a race.
- Gate / Post — The starting slot for a horse. Fun context for sharps; you don’t need to act on it.
Glossary A–Z
- Boost (Odds Boost) — Temporary increase to a pick’s multiplier.
- Favorite — The lowest‑odds horse (highest modeled win chance).
- Field — All runners in a race.
- Gate / Post — The starting slot assigned to a horse.
- Hot Pick — The horse with the highest modeled win probability (usually the lowest odds).
- Implied Probability — The win chance derived from odds: 1 / odds.
- Leg — One selection within a multi/parlay slip.
- Live — Race is in progress; entries closed.
- Lock / Entry Cutoff — Deadline to submit or edit entries.
- Long Shot — High‑odds horse with a lower chance to win, bigger payout if it hits.
- Multi / Parlay — Combined selections where all legs must win.
- Odds (Decimal) — Multiplier for total return on a win.
- Payout Multiplier — The decimal odds that determine total return.
- Pick / Single — One selection on one race.
- Stake — Your pick amount.
- Streaks / Missions — Progression features that reward activity.
- ZCash — Real‑rewards mode with eligibility rules.
- ZCoin — Free‑to‑play currency with no cash‑out value.
Have Suggestions?
See a term we missed or want a quick explainer added? Drop feedback in Discord or X and we’ll keep this glossary fresh.
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