• Furlong: 1/8 of a mile (220 yards / ~201 meters).
• Maiden: A horse that has never won a race.
• Allowance: Race with weight conditions, no claiming tags.
• Stakes: Higher-class races with entry fees and bigger purses.
• Claiming: Horses can be purchased (“claimed”) out of the race for a set price.
• Pace: The speed of the race early; affects late run (closers) vs front-runners.
• Handicap: Assigned weights to level the field; also the act of analyzing a race.
• Post Position: The gate number from which a horse starts.
• Morning Line: The track oddsmaker’s opening odds before betting.
• Stewards: Officials who enforce the rules and adjudicate inquiries/objections.