Today's AU - Goulburn 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).

Starter Race

An allowance race restricted to horses who have started for a certain claiming price recently.

Handicap

A race where a handicapper has assigned weights to be carried by all runners on the basis of their past racing efforts.