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Horse Racing Basic Terms
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.
Underlay
A horse that is going off at lower odds than it deserves based on performance.