You can initialize a race between your horse and any other horse in the current lineup to try and earn some extra rewards.You put down $500 and tell Brian the horse you want to challenge.
If you WIN the race, you get your $500 back along with $500 profit and 2 eggs for your farm.
The challenged horse only loses some dignity.
If you LOSE the race, you lose your $500 and the opposing owner collects the $500 and 2 eggs.
You can only initiate 1 side hustle per calendar month, although others can challenge you.