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Horse Racing Basic Terms

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).

Handicap

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

Breeder

The owner of a horse’s dam – or mother - at the time a horse is foaled.