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Horse Racing Basic Terms
Minus Pool
A pari-mutuel pool – typically a show pool - where one horse is so heavily bet that after deductions there is not enough money left to cover the prescribed minimum on each bet.
Silks
The colorful jacket and cap worn by a jockey which features the design of the owner.
Stakes Race
Stakes Races are known as better class races, with higher purses and often accompanies by trophies.