Who Are The New Hosts Of Good Morning Football How to Understand British Bookmakers Horse Racing Terms and Slang Next Time You Go to the Races

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How to Understand British Bookmakers Horse Racing Terms and Slang Next Time You Go to the Races

Many of the terms used by racetrack bookmakers are used to confuse inexperienced punters. Next time you’re having a day at the races, take a look at how many of these terms are used below.

Early Doors – Early morning exchanges between bookmakers and players

Faces – Well-informed gamblers in the betting circle well known to bookies

Jolly – A horse that is a favorite

Nap – Best bet for the newspaper tipster of the day

Rag – A horse that one does not want to win at a high price

Steamboat – A horse that has been gambled away in the morning and its price has been greatly reduced

Starting Price – The price at which the horse starts when the race starts

Handkerchief Prices – Bookmakers have their own guide to opening prices when betting on racing first begins

Grand – one thousand pounds

Sleeper – unpaid profits

Thumbs up – a good price is taken

Accumulator – a bet that involves many horses running for you. If the horse wins, all winnings are places on the next winning horse. Big money can be won, but the odds of that happening are extremely high

Fiddler – A small player or layer

Tank – betting bank

Under the arm – untrustworthy

Return – Reduce the size of the requested bet

Done money – lost money

Beeswax – betting tax

Anti post – betting on the outcome of a race long before the race

Here are some of the bookmaker’s conditions for the amounts of money invested

Grand – one thousand pounds

Monkey – five hundred pounds

Centuri or A Ton – one hundred pounds

Two ponies or half a ton – fifty pounds

Pony – twenty five pounds

The result – twenty pounds

Ten – ten pounds

Five – five pounds

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