Abstract
In this work I discuss the entangled relationship between money and betting in horse racing, which produces a specific economy of exchanges among gamblers. I propose to discuss what is effectively being gambled. The first idea that comes to mind is that gamblers bet material goods, more specifically money. In the gambling houses, however, this association takes place through the relationship of an economy of circulating credit, based on individual prestige, that structures and shapes instituted relations. An economy related to an activity that should not be understood as an end to itself, but whose dynamic contains exchanges imbued with a moral aspect. The gambler's prestige is essential to being able to establish bonds between himself and the gambling house and his gambling companions.
Keywords
Turf; bets; debts; money; exchange