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Bullet

A bullet, or bullet workout, is a workout that was clocked as the best time for a certain distance on a given day.

Allowance Race

A race with non-claiming conditions set by the racing secretary. They are meant to be a step down from stakes racing.

Exacta

A bet selecting the first and second horses in a race in the correct order. An exacta box refers to paying a little more to ensure they can finish in either order.