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Morning Line

An approximation of expected odds in a race, quoted before actual odds are determined.

Bleeder

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

Minus Pool

A pari-mutuel pool – typically a show pool - where one horse is so heavily bet that after deductions there is not enough money left to cover the prescribed minimum on each bet.