Today's GB - Ascot Horse Racing Picks

Silks

The colorful jacket and cap worn by a jockey which features the design of the owner.

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).

Trifecta

A wager picking the first, second and third horses in the exact order. A trifecta box means paying more to ensure the horses can finish in any order in the top three spots.