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Rabbit

Also known as a pacemaker; this is a horse with no expected chance of winning but is used to prompt a quick pace on the front end of the race to the benefit of a stablemate who is a closer.

Bleeder

A horse that bleeds due to a ruptured blood vessel during a race or workout. The medication Lasix can fix this problem.

Dead Heat

Two or more horses finishing so close at the wire, that they were unable to be separated on a photo finish and deemed to have tied.