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Horse Racing Basic Terms

Stakes Race

Stakes Races are known as better class races, with higher purses and often accompanies by trophies.

Superfecta

A wager involving choosing the first, second, third, and fourth horses in one race in the exact order. A superfecta box involves paying more to ensure they can finish in any order in the top four spots.

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).