LORELAI: Flip all you want, pal. This ain’t the Olympics.
The modern Olympic Games or Olympic, the leading international sporting events featuring summer and winter sports competitions in which thousands of international athletes participate in a variety of competitions. They are normally held every four years, and since 1994 alternate between the Summer and Winter Olympics. Their creation was inspired by the ancient Olympic Games held in Olympia, Greece. Baron Pierre de Coubertin founded the International Olympic Committee (IOC) in 1894, leading to the first modern Games in Athens in 1896.
Lorelai is presumably thinking of the gymnastics at the Olympics.
The Annotated Gilmore Girls 