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Bobble/Stumble

A slip or a duck from a horse trying to leave the starting gates, often caused by the surface giving way under the feet. This can range from a mild misstep to a stumble down to their knees.

Trifecta

A wager picking the first, second and third horses in the exact order. A trifecta box means paying more to ensure the horses can finish in any order in the top three spots.

Pari-Mutuel

A pool style wagering system, where all money input through betting is divided among those with winning tickets (save for various deductions by the track operators).