Today's IE - Down Royal Horse Racing Picks

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).

Bolt

A sudden veering to the inside or outside rail, often caused by the horse spooking or shying from something.

Paddock

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