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Horse Racing Basic Terms
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).
Fractions
The times recorded during the race; with timing starting just past the gate or when the gates open, then parroted for the quarter, half, three-quarters etc. Used as an indication of ability and speed.
Blinkers
A hood worn on a horse’s head to limit side vision, which can improve concentration. Blinkers are added or removed to relax a horse or give it more focus.

