The taper is a progressive nonlinear reduction of the training load during a variable period of time, in an attempt to reduce the physiological and psychological stress of daily training and optimize sports performance. Existing research has defined the taper, identified various forms used in contemporary sport, and examined the prescription of training volume, load, intensity, duration, and type (progressive or step). The current literature reveals that tapering strategies may be associated with a competition performance improvement of about 3% (usual range 0.5–6.0%). Particular attention given to nutrition, hydration and recovery strategies during the pre-event taper may help maximize its associated positive effects. Interactions between the taper and long-haul travel, heat, and altitude should be also taken into account with particular attention. Future progress in sports science will play an important part in refining and developing existing tapering methodologies, particularly in the context of multiple peaking for team and racquet sports.