Today's AU - Orange Horse Racing Picks

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).

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.

Bobble/Stumble

A slip or a duck from a horse trying to leave the starting gates, often caused by the surface giving way under the feet. This can range from a mild misstep to a stumble down to their knees.