chicane n.— «They will spend Saturday, Aug. 18, practicing on the course, which will have the usual “chicane” and the usual quota of sharp turns.» —“New Autor Racing Era” by Frank M. Blunk New York...
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...
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...