
2 minute read
HOW TO BET WITH A RACECOURSE BOOKMAKER
Ways To Bet Straight
Win only
EACH WAY
A bookmaker taking each way bets will display the terms on which he/she accepts such bets on the top of his/her board. This is a bet for your selection to win or be placed.
Standard Terms For Each Way Betting
In conjunction with The RCA, the bookmakers have introduced standard each-way terms. Bookmakers will provide these terms, or better, when offering each-way betting.
· Fewer than 5 runners – all to win
5-7 runners – 1/4 odds a place 1-2
· 8 or more runners – 1/5 odds a place 1-2-3
Handicaps with 12-15 runners – 1/4 odds a place 1-2-3
· Handicaps with 16 or more runners – 1/4 odds a place 1-2-3-4
Away Betting
Many bookmakers will also take bets at the other race meetings today. They offer a comprehensive service, including bets settled TAX FREE at Starting Price (S.P.)
Betting Without The Favourite
At reduced odds you can back a horse and collect if it wins or runs second to the horse nominated by the bookmaker as favourite.
Placing Your Bet
Shop around for the best odds against your selection. When you have decided on where to place your bet, state the number of your chosen horse and the stake, for example “number 4, £2 win”. Listen to the bookmaker repeat the number of the horse and the stake to his/her clerk and hand your stake to the bookmaker You will then be given an itemised receipt that gives details of the bet and shows potential winnings. You should keep this ticket safe.
Collecting Your Winnings
If your selection wins (or, in the case of a place bet, is placed), hand the ticket back to the bookmaker for settlement. NEVER destroy your ticket until after the “Weighed In” announcement has been made. There may still be a Stewards’ Enquiry and the first past the post, or placed horses, may be disqualified. On rare occasions even the horse coming fourth has been awarded the race You may bet with confidence with any bookmaker as they have all been approved by the Administration of Gambling on Tracks Ltd, which administers the betting rings at each of Britain’s 60 racecourses. The AGT also offers a full late pay service, in case a bookmaker leaves the course before you have collected your winnings.
Late pay claims should be sent to AGT, 3A Kings Hall,Parsons Green, St Ives, Cambridgeshire PE27 4WY.
Tel: 01480 499180
In the unlikely event that no independent bookmaker turns up to service either end of the racecourse (Bangor and Overton car parks), Bangor Sport will be able to service all betting requirements. Bangor Sport will offer to either ‘take the price’ or use the SP as a means of settling any bet. We will endeavour to show all races (including all those from away courses) on screens at either end of the course. If you have any queries, please ask a member of staff for help.