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Fractions

The times recorded during the race; with timing starting just past the gate or when the gates open, then parroted for the quarter, half, three-quarters etc. Used as an indication of ability and speed.

Paddock

The area where horses gather before the race to be saddled and paraded for the public.

Across the Board

Refers to betting on a horse to finish first, second, and third to cover any of those scenarios happening during a race