Today's NZH - Waterlea Horse Racing Picks

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).

Bullet

A bullet, or bullet workout, is a workout that was clocked as the best time for a certain distance on a given day.

Morning Line

An approximation of expected odds in a race, quoted before actual odds are determined.