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Horse Racing Basic Terms
Show Wager
Betting on a horse to finish in the first three spots, which pays out the same whether they win or run second or third.
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.
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.