Today's SE - Kalmar 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).

Stakes Race

Stakes Races are known as better class races, with higher purses and often accompanies by trophies.

Apprentice

A new jockey who has not ridden a certain number of winners in a specified time period.