State-Bred

A horse bred in a particular state and thus eligible to race in restricted state-bred races. These can be anything from maiden races to stakes events.

Morning Line

An approximation of expected odds in a race, quoted before actual odds are determined.

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.