gub
v.— «A “gubbing,” in Betfair Forum parlance, is when a horse gets turned over at short prices on the in-running markets. Horses get “gubbed” all the time on the win markets, Flat and jumps, including at the minimum odds of 1.01.» —“In-play place betting: Prepare for gubbings a-plenty as new market is unleashed on the Flat!” by Simon Rowlands Betfaiur (United Kingdom) Dec. 4, 2007. (source: Double-Tongued Dictionary)
Further reading
The expression to turn on a dime means “to change quickly.” Early on the phrase referred to horses or horse-drawn vehicles and later to motorized ones, and suggested the idea of changing direction quickly and easily without needing a large turning...
The word budget derives from French bougette, “leather bag.” An old phrase in English to open one’s budget, meant “to speak one’s mind.” The word purse is related to French bourse, a word for the stock market. This is part of a complete episode...