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.
