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Horse Racing Basic Terms

Stakes Race

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

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).

Bute

Shortened word for phenylbutazone, the common non-steroidal medication legal at most racetrack.