DE - Cologne

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).

Tack

The equipment the horse wears, including saddle and bridle. A jockey typically has their own racing saddle, placed on each horse they ride just before the race.

Show Wager

Betting on a horse to finish in the first three spots, which pays out the same whether they win or run second or third.