Today's NZH - Ashburton 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).

Overlay

A horse going off at higher odds than his recent efforts show that he deserves.

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