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Bute
Shortened word for phenylbutazone, the common non-steroidal medication legal at most racetrack.
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.
Also Eligible
A horse that is entered but does not draw into the body of the field due to too many entries, and thus is not permitted to start unless there are enough scratches to shrink the field size.