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Horse Racing Basic Terms

Handicap

A race where a handicapper has assigned weights to be carried by all runners on the basis of their past racing efforts.

Paddock

The area where horses gather before the race to be saddled and paraded for the public.

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).