GB - Cartmel

Location:GBR

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Horse Racing Basic Terms

Overlay

A horse going off at higher odds than his recent efforts show that he deserves.

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).

Paddock

The area where horses gather before the race to be saddled and paraded for the public.