bullet n.— «The man said he used a “bullet”—horse racing parlance for using only one horse in a race—on one horse, Jewel of the Year, in the fourth leg.» —“Bettor wins $1.3 million at P.B. Kennel Club” by Craig...
new shooter n. a horse entering a race, but one that has not been an active participant in the horse-racing circuit, particularly those races which include or lead up to one of the Triple Crown events; a new-comer or long-shot. (source: Double...
flip v. to force oneself to vomit, esp. among horse-racing jockeys. (source: Double-Tongued Dictionary)
takeout n.— «In the Kentucky Derby on Saturday, for example, Churchill Downs will return to bettors at the track about 82 cents of every dollar wagered in the form of winnings. The remaining 18 cents, known as the takeout, will be used to...
rebate shop n.— «He bets through what are called rebate shops, which are off-shore, on Indian reservations or in states with fewer regulations. Rebate shops offer from 4 percent to 10 percent back on every dollar wagered—win or lose...
whale n.— «In horseplaying parlance, Maury Wolff is a whale, one of the thousand or so professional bettors who collectively wager as much as $1.5 billion a year on thoroughbred races in the United States. He will not attend the Kentucky...