AU - Ascot

Location:AUS

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Horse Racing Basic Terms

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).

Firm

A dry turf course, equal to a ‘fast’ dirt track.