Top Definition
A phrase used when handing someone a wedge of cash. This could be for any reason ie: monies owed, a gift etc...

Can provide a humourous edge to the potentially awkward situation of giving someone money. In using the phrase 'Put it on Black Beauty' it infers that the recipient of said monies is going to bet on a horse, ie: the reference to the famous horse, Black Beauty.

Is a suitable alternative to "Don't spend it all at once'
Here's that money I owe you Dave, put it on Black Beauty.
by WherebyartthouRomeo April 10, 2011

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