Today's NZH - Timaru 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).

Daily Double

A wager on two consecutive races on the card where bettors have to pick both winners.

Stakes Race

Stakes Races are known as better class races, with higher purses and often accompanies by trophies.