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Silks

The colorful jacket and cap worn by a jockey which features the design of the owner.

Claiming Race

A race in which horses are entered for a certain price, or claiming tag, which is also their sales price. An owner can claim any horse entered for the tag before the race begins, and owns them as soon as the gates open.

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