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unknown-track - Race 8

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Horse Racing Basic Terms

Minus Pool

A pari-mutuel pool – typically a show pool - where one horse is so heavily bet that after deductions there is not enough money left to cover the prescribed minimum on each bet.

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.

Tack

The equipment the horse wears, including saddle and bridle. A jockey typically has their own racing saddle, placed on each horse they ride just before the race.