MarketsGlossary
Top finish
Also known as: Top N, Outright place
A market on a selection finishing in the top N positions of a tournament or event (Top 5, Top 10, Top 20). Standard in golf, where punters back a player to finish in the paid places without needing them to win outright. Pricing depends on field size and the player's implied win probability. Dead heat reductions are common — multiple players often tie at the cut-off position.