There are several synonyms for the term "off-track betting" that are commonly used by horse racing enthusiasts and professionals. These include "horse racing simulcasting," "advance deposit wagering," "horse race betting online," and "horse racing exchange." Each of these terms refers to a different way of placing bets on horse races that takes place away from the actual race track. Horse racing simulcasting involves watching and betting on races being broadcast from other tracks, while advance deposit wagering allows bettors to place bets in advance of the race from their own location. Horse race betting online and horse racing exchange refer to betting on horse races via the internet or through specialized betting platforms.