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Today's NZH - Roxburgh Horse Racing Picks

Location:NZL

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Horse Racing Basic Terms

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).

Condition Book

A list of upcoming races issued by the racing secretary, where the conditions of races to be run over the next few weeks are written.

Morning Line

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