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unknown-track - Race 5

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Horse Racing Basic Terms

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

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.

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).