Today's AU - Penola Horse Racing Picks

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.

Handicap

A race where a handicapper has assigned weights to be carried by all runners on the basis of their past racing efforts.

Stakes Race

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