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Tote Betting Information

BETTING INFORMATION

A bet can make an already exciting race far more thrilling. Backing your selection with cash and watching your chosen horse win is a great feeling.

1. Pick your winner! Many people select a horse based on its name or jockey colours or go to the parade ring and view the horses. Alternatively you may wish to follow a particular jockey or trainer, or a tipster in a newspaper. Others like to look at the horse’s previous races or ‘form’. 2. Where to place your bet – In the betting ring, in front of the Grandstands, with a racecourse ‘bookie’. This is great fun as you can shop around for the bookmaker offering the biggest odds on your selection. – With the Tote at one of their designated betting points all around the racecourse. – At the William Hill betting shop, which is identical to a high street betting shop. 3. Place your bet Decide how much you want to stake, and what type of bet you would like to place. Then cheer your selection home! There are a few simple rules that you need to follow after placing your bet: – Please check your receipt. Mistakes cannot be rectified after the race is off . – Keep your bet receipt safe. You will need this to collect your winnings – Don’t throw away your ticket until the racecourse announcer says ‘Weighed In’. Even if your horse has not won, the result may be changed if there is a ‘Stewards enquiry’. If you have any queries about your bet, please speak to the bookmaker or the Betting Ring Manager.

PLACE TERMS

All Racecourses enforce standard each way terms, in line with Paragraph 2.7.11 of the Terms and Conditions of Entry – Special Conditions E. These terms state that where accepting each-way bets, bookmakers will ensure the terms shall be or shall be better, i.e. more favourable to the customer, than: (a) for races with fewer than 3 runners – all to win; (b) for races with 3 or 4 runners – 1/5 odds on place 1-2; (c) for races with 5-7 runners (inclusive) – 1/4 odds on place 1-2; (d) for races with 8 or more runners – 1/5 odds on place 1-2-3; (e) for handicap races with 12-15 runners (inclusive) – 1/4 odds on place 1-2-3; (f) for handicap races with 16-21 runners (inclusive) 1/5 odds on place 1-2-3-4; and (g) for handicap races with 22 or more runners – 1/4 odds on place 1-2-3-4,and shall comply with clause 2.7.2 regarding the prominent display of terms.

WHAT IS RULE 4?

Rule 4 is a betting industry-standard deduction that is made on a winning horse bet when there is a non-runner in a race, and you have taken a fi xed price. If there is a non runner in the race, anyone who backs a non-runner will get their stakes refunded. The Rule 4 exists to make a deduction from your bet to take into account the impact on the betting market of the non runner. The amount of the deduction varies depending on the price of the non-runner. The Rule 4 deduction is not applied to the stake, only to your winnings.

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