Today's AU - Kyneton 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).

Silks

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

Workout

A workout is a timed sprint over varying distances prior to a race, meant to get a horse fit enough for competition.