playing the ponies
a slang term meaning to bet on horse racing.
“im gonna head down to otb. you wanna come?” – gambling degenerate
“no thanks. why do you p-ss your money away playing the ponies?” -smart friend
this phrase is actually a mistake. instead, one should say “playing the horses”. playing the ponies is something small boys would say.
eric received a text message that the ponies were loose and used an incorrect sentence involving playing the ponies.
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