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Horse Racing Basic Terms

Claiming Race

A race in which horses are entered for a certain price, or claiming tag, which is also their sales price. An owner can claim any horse entered for the tag before the race begins, and owns them as soon as the gates open.

Starter Race

An allowance race restricted to horses who have started for a certain claiming price recently.

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.