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Horse Racing Basic Terms
Exacta
A bet selecting the first and second horses in a race in the correct order. An exacta box refers to paying a little more to ensure they can finish in either order.
Condition Book
A list of upcoming races issued by the racing secretary, where the conditions of races to be run over the next few weeks are written.
Handicap
A race where a handicapper has assigned weights to be carried by all runners on the basis of their past racing efforts.