Horse Racing   A handy reference for horse racing and parimutuel betting enthusiasts.

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what is...
MILE RATE
A calculation for each race distance is applied to the overall time of a race, so as to give a comparison to a mile. It is the approximate time the pacer would have run, had the distance been one mile (1609m). The overall race time is multiplied by 1609 and then divided by the meter length of the race.
ALSO SEE: TIMING BOARD, RATED

    Courtesy of the Horse Racing Glossary
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