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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.
Bleeder
A horse that bleeds due to a ruptured blood vessel during a race or workout. The medication Lasix can fix this problem.
Rabbit
Also known as a pacemaker; this is a horse with no expected chance of winning but is used to prompt a quick pace on the front end of the race to the benefit of a stablemate who is a closer.