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Silks

The colorful jacket and cap worn by a jockey which features the design of the owner.

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.

Claiming Race

A race in which horses are entered for a certain price, or claiming tag, which is also their sales price. An owner can claim any horse entered for the tag before the race begins, and owns them as soon as the gates open.