"p. p." Definition

  1. an expression much in use among racing men, which means play or pay, _i.e._, either go on with the arrangement or forfeit the money. The following is a law of the turf on the subject:— The following races shall be considered “play or pay”:—The Derby and Oaks at Epsom, the St. Leger at Doncaster, the Two Thousand Guineas, the One Thousand Guineas, the Cesarewitch and Cambridgeshire, at Newmarket, the Ascot, Goodwood, and Doncaster Cups, and all handicaps above 200 sovs. value with two forfeits, the minor of which shall not be less than 5 sovs.; and the Committees of Tattersall’s, and of the Subscription Room at Newmarket, will take no cognisance of any disputes respecting “play or pay” bets on any other races, or of any bets made upon handicap races before the weights are published. This is the exact law on the subject, but as a rule all bets on horse-racing are considered P. P. unless otherwise arranged. In all matches, though, whether turf, pedestrian, aquatic, or otherwise, a run is given for the money in ordinary betting transactions.

More About p. p.

Position in the dictionary: 2477 of 4022 slang words.
Next words in the dictionary: pack, packets, pad, pad the hoof, padding, padding-ken, paddle, paddy, paddy’s goose, paddy’s land
Previous words in the dictionary: o’clock, owned, overs, over!, over, outsider, outing, outcry, out on the pickaroon., out on the loose

The Slang Dictionary's Entry for p. p.

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