Today's NZH - Addington Horse Racing Picks

Show Wager

Betting on a horse to finish in the first three spots, which pays out the same whether they win or run second or third.

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).

Stakes Race

Stakes Races are known as better class races, with higher purses and often accompanies by trophies.