👉 Swoopstake is a term used in the context of horse racing to refer to the position or ranking of a horse after being entered into a race, usually ranked by the amount of money wagered on the bet. In some cases, a "swoopstake" might also be used to indicate that a horse has been placed at the front of a betting spread, which is a strategy in horse racing where a favorite horse is favored over other horses with similar odds.