Trifecta

A wager picking the first, second and third horses in the exact order. A trifecta box means paying more to ensure the horses can finish in any order in the top three spots.

Handicap

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

Stakes Race

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