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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.

Across the Board

Refers to betting on a horse to finish first, second, and third to cover any of those scenarios happening during a race

Silks

The colorful jacket and cap worn by a jockey which features the design of the owner.