Beginners Guide to Betting

Quick Guide to Betting Jargon

Chalk, Monkey, SP and Pony…it really is a foreign language but our quick guide will help…

Ante-post – this is betting that takes place before a race starts.

Chalk – a race favourite.

Dead – an underdog.

Jolly – a race favourite (again).

Juice – commission paid to a bookie.

Monkey – betting slang for £500.

Pony – betting slang for £25.

Sponk – a race favourite (again, again).

Springer or steamer – a horse whose odds shorten quickly in the betting.

SP or starting price – the price at which bets are settled by the bookies.

Tic-tac – relaying odds on the racecourse with hand signals.

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