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Bute
Shortened word for phenylbutazone, the common non-steroidal medication legal at most racetrack.
Claiming Race
A race in which horses are entered for a certain price, or claiming tag, which is also their sales price. An owner can claim any horse entered for the tag before the race begins, and owns them as soon as the gates open.
Across the Board
Refers to betting on a horse to finish first, second, and third to cover any of those scenarios happening during a race