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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.
Bullet
A bullet, or bullet workout, is a workout that was clocked as the best time for a certain distance on a given day.
Paddock
The area where horses gather before the race to be saddled and paraded for the public.