| Flier |
| Outsider |
| Dark horse |
| Big underdog |
| Risky venture |
| Desperate bet |
| Unlikely winner |
| Unlikely success |
| 10-1, for example |
| Hardly a favorite |
| It has a big payoff |
| Horse with high odds |
| One against the odds |
| One not likely to succeed |
| It might pay big at the track |
| Surprising winner at Santa Anita |