(From the French language, pari mutuel or mutual betting, which means betting among us and not against the house) is a betting system in which all bets of a particular type are placed together in a pool; taxes and the "house-take" are removed, and payoff odds are calculated by sharing the pool among all winning bets.

The posted amount each bettor will receive for a winning mutuel ticket.

Change in order of finish by officials for an infraction of the rules.

Money Management is a technique used to manage your money (bankroll) to give you optimum results when using any portion of your money (bankroll). The number 1 reason most people lose money when betting is, they DO NOT have a money management tool like the Equalizer365™ Pad. The Equalizer365™ Pad figures the odds, remembers your bets, keeps track of where you are with your bets and tells you exactly what your very next bet needs to be to keep you in profit using its Smart-Bet Technology™.

A bet on a horse to win, place and show. If the horse wins, the player collects three ways; if second, two ways; and if third, one way, losing the win and place bets.

The Rate Of Return (ROR) is the amount or percentage to be made on your money for using this particular setting on the Equalizer365™ Pad. All percentages are based on the "amount of money" you start with as well as the "odds per wager." These percentages are approximate for each rate of return setting on the Equalizer365™ Pad and the approximate rate of return on your money. On average the Medium High ROR setting produces approximately 48% compared to the Low ROR. As you can see, the variables can be so different and that's why the settings are described as low to high versus an exact percentage.

Note - Even though you always get back 100% of ALL your previous wagers when you WIN your current wager, we do not count this in on the Rate of Return percentage calculations above.

Intermediate time recorded in a race, as at the quarter, half, three-quarters, etc.

The Rate Of Return (ROR) is the amount or percentage to be made on your money for using this particular setting on the Equalizer365™ Pad. All percentages are based on the "amount of money" you start with as well as the "odds per wager." These percentages are approximate for each rate of return setting on the Equalizer365™ Pad and the approximate rate of return on your money. On average the Medium Low ROR setting produces approximately 14% compared to the Low ROR. As you can see, the variables can be so different and that's why the settings are described as low to high versus an exact percentage.

Note - Even though you always get back 100% of ALL your previous wagers when you WIN your current wager, we do not count this in on the Rate of Return percentage calculations above.

1. Having within oneself or itself all that is necessary; self-sufficient.

2. Constituting a complete and independent unit in and of itself; not dependent on others; self-sufficient.

This button on the Equalizer365™ Pad allows you to set the net amount or profit that you would like to make per wager. Example: Say you have the Goal Per Wager set for $20. This means that if you win on your very first wager, you would win a total net profit of $20. This also means that you could have several wagers in a row that did not come in, say 8 and yet when your 9th wager comes in, you would make back all 8 of your CODB wagers plus you would still make a net profit of $180. This is one of the things that makes the Equalizer365™ Pad so powerful! Win or lose, you are always in the mode of Winning!

A horse officially entered, but not permitted to start unless the field is reduced by scratches below a specified number.

Practice making your bets and using your strategies by keeping track of them on paper in a tablet or in a spreadsheet. Also this allows you to keep track of your odds and paper bets and compare which strategies you like to use before you start using any of your real money.

Race in which horses are entered subject to being purchased for a specified price.

Position of the stall in the starting gate from which a horse starts.

Mechanical device having partitions (stalls) for horses in which they are confined until the starter releases the doors in front to begin the race.

Type of wager calling for the selection of winners of two consecutive races, usually the first and second.

Finishing first, second or third.

A horse that usually leads (or tries to lead) the field for as far as it can.

The straight area of the track between the turns - also, the stable area.

One who assigns weights for handicap race. Also one who makes selections based on past performances.

Betting a horse to win only.

All major racetracks offer "Pick Three" betting where you are required to pick the winners of three consecutive races on one ticket.

A computerized display with odds, time, payouts and other race details.

Superfecta is a type of wager in parimutuel betting in which the bettor, in order to win, must pick the first four finishers of a race in the correct sequence.

A horse bred in a particular state and thus eligible to compete in special races restricted to state-breds.

This is the button on the Equalizer365™ Pad you click on once you win on the event you were wagering on or once you have ended your wagering session.

The Rate Of Return (ROR) is the amount or percentage to be made on your money for using this particular setting on the Equalizer365™ Pad. All percentages are based on the "amount of money" you start with as well as the "odds per wager." These percentages are approximate for each rate of return setting on the Equalizer365™ Pad and the approximate rate of return on your money. On average the Medium ROR setting produces approximately 28% compared to the Low ROR. As you can see, the variables can be so different and that's why the settings are described as low to high versus an exact percentage.

Note - Even though you always get back 100% of ALL your previous wagers when you WIN your current wager, we do not count this in on the Rate of Return percentage calculations above.

This is the total amount you have won from placing wagers. This amount is figured by taking your Total Win and subtracting your Cumulative Wagers on the Equalizer365™ Pad.

The amount of wagers accumulated until you have a win and made a profit.

Two or more horses finishing in a tie at the wire.

All major racetracks offer "Pick Four" betting where you are required to pick the winners of four consecutive races on one ticket.

Designated time for a race to start.

This is the total amount you win before your Cumulative Wagers are deducted on the Equalizer365™ Pad.

Televising a race to other tracks, OTB offices or other outlets for the purpose of wagering.

A person who refers another person to the Equalizer365™. When that person who was referred to the Equalizer365™ makes a purchase or becomes a subscriber, the referring affiliate makes a commission from that sale. Commissions can be earned from one-time purchases (Strategies) and also from on-going monthly subscriptions when a person who has been referred to the Equalizer365™ website purchases one or more of the Equalizer365™ Betting Pads.

Wager on a horse to finish second.

Track top officials responsible for enforcing the rules.

Sign displayed when result is confirmed. Also a racing official.

The Rate Of Return (ROR) is the amount or percentage to be made on your money for using this particular setting on the Equalizer365™ Pad. All percentages are based on the "amount of money" you start with as well as the "odds per wager." These percentages are approximate for each rate of return setting on the Equalizer365™ Pad and the approximate rate of return on your money. On average the High ROR setting produces approximately 74% compared to the low ROR. As you can see, the variables can be so different and that's why the settings are described as low to high versus an exact percentage.

Note - Even though you always get back 100% of ALL your previous wagers when you WIN your current wager, we do not count this in on the Rate of Return percentage calculations above.

Wager on a horse to finish in the money; third or better.

A horse that finishes out of the money.

Wager in which the first two finishers must be picked, but the payoff is made no matter which of the two wins and which runs second.

1. To attempt to predict the winner of a contest (especially a horse race), as by comparing past performances of the contestants. 2. To assign odds for or against (any particular contestant) to win a contest or series.

Our term for when you place your first bet into the Equalizer365™ Pad until you have a win and made a profit. Then you start a new session. A session can contain as little as 1 bet up to many bets until you have won and have made your profit.

Any 2 horses that are entered in a race as one entry. If you place a wager on one of the horses and the other horse comes in, you still win the race. The amount of the payout per wager is the same for both horses.

Reviewing the race to check into a possible infraction of the rules.

The Rate Of Return (ROR) is the amount or percentage to be made on your money for using this particular setting on the Equalizer365™ Pad. All percentages are based on the "amount of money" you start with as well as the "odds per wager." These percentages are approximate for each rate of return setting on the Equalizer365™ Pad and the approximate rate of return on your money. On average the Low ROR setting produces approximately break even to 1% compared to the High ROR. As you can see, the variables can be so different and that's why the settings are described as low to high versus an exact percentage.

Note - Even though you always get back 100% of ALL your previous wagers when you WIN your current wager, we do not count this in on the Rate of Return percentage calculations above.

One-eighth of a mile, 220 yards, 660 feet.

The withdrawal of a horse after the entries are announced but before race time.

The amount that you are wagering because when using the Equalizer365™ Pad, it's just like a deposit because you get your wager (deposit) back when you win your bet.

The percentage of tax taken from each betting pool at the track and distributed according to state law among the state, horsemen (purses) and racetrack. On average, 17 percent is taken out of win, place and show pools, with 83 percent returned to winning bettors.

The persons who rides the horse in a race.

A wager in which the first two finishers in a race, in exact order of finish, must be picked.

Racing silks (jacket and cap) worn by riders to denote the owner(s) of horse.

The posted amount each bettor will receive for a winning ticket.

A horse who has not won a race. Also applied to a non-winning rider.

Wager and Bet are Interchangeable. They mean the same thing.

The amount of money that you are betting on an event that has a set of odds that allows you to make money from winning the bet or wager when your event has won or done what you anticipated it would do. It's what we call a calculated business decision. We also call a wager a deposit when using the Equalizer365™ Pad because with using the Equalizer365™ Pad, it's just like a deposit because you get your wager (deposit) back when you win your bet.

Prize money distributed to owners.

Finished second in a race.

Two or more horses owned by the same stable or (in some cases) trained by the same trainer and thus running as a single betting unit.

This is the amount of money you have in your betting account so you can place wagers on sports events that have wagering.

Smallest advantage a horse can have at the finish.

Grass. The most common racing surface in most of the world, excluding North America where dirt is more popular.

The finish line. It’s an imaginary line running between the poles.

A condition of a turf course equivalent to fast on a dirt track.

One who gives tips on racehorses, usually with the expectation of some personal reward in return - to give tips.

The odds tell you how much money you will win for your wagered amount. In horse racing, the odds tell you how much money you will win for every $2 wagered. Example: Odds of 1-1 pays $4 for every $2 bet. Next example: Odds of 5/2 pays $7 for every $2 wagered. For all odds, see the Odds Chart under the General Info tab.

Finishing third in a race.

Starting point or position the horse has in the starting gate.

Condition of a turf course that corresponds to muddy on dirt tracks.

Cost of Doing Business. This is the money that is being used until your wager pays off. Remember you get all of your CODB wagers/bets back plus make a profit from using the Equalizer365™ Pad.

If you have two or more horses that you think will finish in the top spots, but you are not sure of the order they will come in at, you can box them. Example: an exacta box on horses #3 and #6. You win if #3 wins and #6 places OR if #6 wins and #3 places. The same method can be applied to boxing a trifecta or a superfecta.

Finishing in the money in an event. Amount of money paid to you after the event you were wagering on pays off.

MTP means Minutes To Post until the race is ready to start.

Bet and Wager are Interchangeable. They mean the same thing.

The amount of money that you are betting on an event that has a set of odds that allows you to make money from winning the bet or wager when your event has won or done what you anticipated it would do. It's what we call a calculated business decision. We also call a bet/wager a deposit when using the Equalizer365™ Pad because with our system, it's just like a deposit because you get your bet/wager (deposit) back when you win your bet.