- Far Turn (Racing)
- The third turn of the racetrack.
- Fast (Racing)
- The physical state of the racetrack during normal weather conditions.
- Favorite
- The team, side, horse or contestant competing in any given event considered to have the best chance to win.
- Field (Racing)
- The number of entries in a race.
- Fifty Cents
- A wager for $50.
- Final Four
- The last four teams in the annual NCAA men's basketball championship tournament.
- Firing
- To wager large sums of money.
- Fixed
- A slang term referring to the outcome of a race, contest or game that has been illegally pre-determined.
- Flat Joint
- Describes any dishonest gambling establishment or game.
- Flea
- A derogatory term describing players who wager little and expect something for nothing.
- Foots
- A slang term sometimes used to refer to the game of football. Also known as footy.
- Forced Out
- A chartwriter's term describing a situation where a horse is crowded to the outside by one or more of the other racers.
- Form
- The expected performance of contestants or teams according to how well they look on paper.
- Front Money
- A player's deposit with the house in order to establish credit to place bets against that money.
- Front Stretch
- The portion of the racetrack closest to the apron. The wire or finish line is located here.
- Futures
- A type of wager made, or lines/odds posted, on an event or outcome that will be determined in the future, for example on which team will win the Super Bowl. The player making the ante post or future wager often will enjoy better odds for having done so.