Today's GB - Ascot Horse Racing Picks

Silks

The colorful jacket and cap worn by a jockey which features the design of the owner.

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).

Bute

Shortened word for phenylbutazone, the common non-steroidal medication legal at most racetrack.