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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.

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).

Show Wager

Betting on a horse to finish in the first three spots, which pays out the same whether they win or run second or third.