A term encouraging players to place their bets. It’s a colloquial expression that can be used in various gambling situations where a player is required to contribute an amount of money to participate in a game. For example, a dealer might use the term to encourage players to place their bets before a round begins.
The exact origin of “pony up” is uncertain. Some theories suggest it may derive from the Latin phrase “legem pone,” associated with debt payments due on March 25th, while others link it to Old West practices where cowboys pooled money to buy ponies.
Additionally, in British gambling slang, “pony” refers to a sum of £25. However, this usage is distinct from the phrase “pony up,” which broadly means to pay or settle an amount owed.
