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Horse racing

Also called equestrian sport. There are three types of horse racing: flat field racing; steeplechasing or racing over jumps; and harness racing, where horses trot or pace while pulling a driver in a small cart known as a sulky. Horse racing is closely associated with gambling generating a worldwide market of well over U.S. $100 billion.

Contributors in Horse racing

Horse racing

off-track betting (OTB)

Sports; Horse racing

Wagering at legalized betting outlets.

on the board

Sports; Horse racing

Finishing among the first three.

on the nose

Sports; Horse racing

Betting a horse to win only.

open ditch

Sports; Horse racing

Steeplechase jump with a ditch on the side facing the jockey.

outlay

Sports; Horse racing

The money a bettor wagers is called his or her outlay.

out of the money

Sports; Horse racing

A horse that finishes worse than third.

overbroke

Sports; Horse racing

Where the book results in a loss for the bookmaker.

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