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Horse Racing Basic Terms
Breeder
The owner of a horse’s dam – or mother - at the time a horse is foaled.
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.
State-Bred
A horse bred in a particular state and thus eligible to race in restricted state-bred races. These can be anything from maiden races to stakes events.