part wheel
Using a key horse or horses in different, but not all possible, exotic wagering combinations. See wheel.
pasteboard track
A lightning fast racing surface.
patrol judge(s)
Official(s) who observe the progress of a race from various vantage points around the track.
photo finish
A result so close it is necessary to use the finish-line camera to determine the order of finish.
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.
pill
Small numbered ball used in a blind draw to decide post positions.