Well first of all, you have to have 2 or more hard drives.
And RAID stands for Random Array of Independent Drives, and it allows you to set it up so that when you install something it copies some of it to one hd, and some to the other hd for faster seek times. And there are other ways you can do it, like have it ghost to the second drive I think.
And you probably have RAID support on that board.