chalk player

plural chalk players

1. slangSynonym of chalk eater (“one who bets on racehorses that are favourites to win”).

   2013, Editors of TIME Magazine, Inside the Red Border Yet, the chalk players have such confidence in Secretariat that a $2 bet will likely fetch no more than $2.10 or $2.20 if he wins at Belmont.

   1 more example

   Chalk players can make money if the favorites come in as expected, but since there are so many upsets in horse racing, it is risky to always play the favorites.

   2011, David L. Hudson, Horse Racing's Most Wanted

   Synonyms: chalk eater