Today's AU - Corowa Horse Racing Picks

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).

Bolt

A sudden veering to the inside or outside rail, often caused by the horse spooking or shying from something.

Show Wager

Betting on a horse to finish in the first three spots, which pays out the same whether they win or run second or third.