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Horse Racing Basic Terms
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.
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.