AU - Mildura

Location:AUS

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Horse Racing Basic Terms

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).

Lasix

A medication for the treatment of bleeding in horses that is legal in North America, but not all worldwide jurisdictions.

Underlay

A horse that is going off at lower odds than it deserves based on performance.