Offtrack bettings refers to horse racing wagers made away from the actual track. The term has been in use for decades, but there are also several synonyms that can be used instead. These include offtrack wagering, simulcast wagering, and teletheater betting. Offtrack wagering is the most commonly used synonymous term, which suggests that these bets are made elsewhere, typically in an establishment with a betting license. Simulcast wagering refers to the simultaneous broadcasting of races from different tracks in different locations. Teletheater betting is similar to offtrack wagering but is often used to describe the actual locations where bets are placed.