Workout

A workout is a timed sprint over varying distances prior to a race, meant to get a horse fit enough for competition.

Dead Heat

Two or more horses finishing so close at the wire, that they were unable to be separated on a photo finish and deemed to have tied.

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).