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Horse Racing Basic Terms
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.
Overlay
A horse going off at higher odds than his recent efforts show that he deserves.
Tack
The equipment the horse wears, including saddle and bridle. A jockey typically has their own racing saddle, placed on each horse they ride just before the race.