AU - Leeton

Location:AUS

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Horse Racing Basic Terms

Morning Line

An approximation of expected odds in a race, quoted before actual odds are determined.

State-Bred

A horse bred in a particular state and thus eligible to race in restricted state-bred races. These can be anything from maiden races to stakes events.

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).