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Horse Racing Basic Terms

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

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).

Daily Double

A wager on two consecutive races on the card where bettors have to pick both winners.