In sports betting, this term is most commonly associated with horse or greyhound racing. It occurs when a jockey or trainer notices something wrong with the animal, such as an injury or exhaustion, and decides to stop it from completing the race. This action can impact the betting market, as bettors who wagered on the animal are likely to lose their stake since the animal did not finish the race.
Pulled Up Example
For example, if a horse stumbles mid-race and the jockey believes it’s unsafe to continue, the jockey may pull up the horse to prevent further injury, causing the horse to be listed as “Pulled Up” in the race results.