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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.

Rabbit

Also known as a pacemaker; this is a horse with no expected chance of winning but is used to prompt a quick pace on the front end of the race to the benefit of a stablemate who is a closer.

Bolt

A sudden veering to the inside or outside rail, often caused by the horse spooking or shying from something.