ZA - Greyville

Minus Pool

A pari-mutuel pool – typically a show pool - where one horse is so heavily bet that after deductions there is not enough money left to cover the prescribed minimum on each bet.

Underlay

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

Stakes Race

Stakes Races are known as better class races, with higher purses and often accompanies by trophies.