[FReepaholic]

...Of course, if thoroughbred racing's doors of perception were ever thoroughly cleansed, the parimutuel part of the game probably would no longer exist. Only the gentried shooing flies and imbecilic bottom clockers would remain. ...

Huh? Can this be translated into English?

[Canedawg]

Dont ask, dont tell.

;-)

[PAR35]

Huh? Can this be translated into English?

Here's a rough translation into English.

'If folks knew what really went on in the horse racing industry only fools and rich folks with money to throw away would bet. '

If you are not familiar with the story of Alydar, you should look it up. That's the first thing that comes to mind when I read about a top race horse breaking a leg.

[scrabblehack]

I think it means that a difference of opinion makes a horse race. If everyone had identical information, there would be no advantage to placing a bet, because the posted odds would be proportional to the true probability of each horse winning the race.