parimutuel(s)

A form of wagering originated in 1865 by Frenchman Pierre Oller in which all money bet is divided up among those who have winning tickets, after taxes, takeout and other deductions are made. Oller called his system “parier mutuel” meaning “mutual stake” or “betting among ourselves.” As this wagering method was adopted in England it became known as “Paris mutuals,” and soon after “parimutuels.”

parlay

A multi-race bet in which all winnings are subsequently wagered on each succeeding race.

part wheel

Using a key horse or horses in different, but not all possible, exotic wagering combinations. See wheel.

past performances

A horse’s racing record, earnings, bloodlines and other data, presented in composite form.

pick (number)

A type of multi-race wager in which the winners of all the included races must be selected. Pick Three (sometimes called the “Daily Triple”), Pick Six and Pick Nine are common.

place bet

Wager on a horse to finish first or second.

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It was a big night in the Harness Racing world last night! Congratulations to all the honorees and a big congratulations to Horse of the Year CONFEDERATE!

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Attention everyone… if you’re not making plans to go to your local racetrack what are you doing? ...

It`s almost International Women`s Day and we want to feature all the Women who make our sport so great! If you or someone else want to be highlighted on our social media email photos or videos to Dawnelle Mock at dmock@pennhorseracing.com ...

Everyone welcome SPRUCE! Spruce is out of Brooke Blue Chip and Father Patrick! You can watch them live on our foal cams at pennhorseracing.com/foalcams ...

It’s FriYAY and what better way to kick off the weekend than with some horse racing! @meadowscasino is racing today at 12:45pm and @hollywoodpnrc is racing tonight at 6pm 🐴 ...

#FoalFactFriday! #DYK that foals do not have an immune system when they are born?

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Horse 🤝 Cat. Bestfriends 😂🐴🐱 ...

Happy #WagerWednesday! We have picks for you for each of our Pennsylvania Racetracks that are racing today! Tune in today to Live Racing at Parx, The Meadows, and Penn National to see how we do!

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