Today's Hong Kong Happy Valley 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).

Overlay

A horse going off at higher odds than his recent efforts show that he deserves.

Bobble/Stumble

A slip or a duck from a horse trying to leave the starting gates, often caused by the surface giving way under the feet. This can range from a mild misstep to a stumble down to their knees.