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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 bookmakers in racing are used to confuse inexperienced bettors. Next time you have a day at the races, see how some of these terms are used below.
Early doors – early morning exchanges between bookmakers and punters
Faces – Well-known gamblers in the betting circle well-known betting
Jolly – A horse that is loved
Nap – The best betting tipster newspaper
Rag is a horse that is unlikely to win at a high price
Bukhari – A horse that played in the morning and its price has dropped significantly
Starting price – The price that the horse started at the start of the race
Fabric prices – bookmakers have a guide to starting prices when betting on races
A grand is a thousand pounds
Sleeper – uncollected winnings
Thumbs up – good price is received
Accumulator – a bet involving many horses for you. If a horse wins, all winnings are placed on the next horse to win. Big money can be won, but the probability of it happening is very high
Fiddler – a small player or bet layer
Tank – betting bank
Under the arm – not reliable
Click Return – Cut the size of the bet that is required
Completed money – lost money
Beeswax – betting tax
Anti post – betting on the outcome of the race long before the race
Here are some wagering requirements for staked funds
A grand is a thousand pounds
Monkey – five hundred pounds
A century or A ton – one hundred pounds
Two ponies or half a ton – fifty pounds
Pony – Twenty five pounds
Score – twenty pounds
Tener – ten pounds
Five – five pounds
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