Definitions by Elsy
Dumb
rate
A term used in Barrel Racing or Pole Bending, a speed event involving horses. The term 'rate' refers to slowing and collecting up your horse right before a barrel or pole. It is essential for having horse horse bring him self up to turn the barrel/pole and make for a faster time.
That horse really needs to learn how to rate before reaching that barrel, he looks like he is just running around in a bunch of circles.