Today's AU - Canterbury Horse Racing Picks

Lasix

A medication for the treatment of bleeding in horses that is legal in North America, but not all worldwide jurisdictions.

Pari-Mutuel

A pool style wagering system, where all money input through betting is divided among those with winning tickets (save for various deductions by the track operators).

Fractions

The times recorded during the race; with timing starting just past the gate or when the gates open, then parroted for the quarter, half, three-quarters etc. Used as an indication of ability and speed.