General Betting Rules and Procedures |
If there is some rough and tumble in the race, and some horses clash, there may be a Stewards Enquiry called. This is where the stewards on the course will question the jockeys responsible, and try to determine if any-one was careless or at fault.
An Objection can also be called, where a runners connections complains about another runners actions. If a Technical Objection is called, this is always bad news. This means that the wrong course has been ran:- Disqualification, or the wrong weight has been carried:- Disqualification.
The Stewards have the power to reverse results or disqualify horses if the jockeys are found guilty. If a Stewards Enquiry or Objection is called, you will not be able to pick your money up until it is finished. (Some bookies have special offers called 'First Past the post', so check with them, even if you subsiquently lose)
Every single race has a horse that is most fancied to win, this is the favourite, or 'fav' as it is shortened to. This will be the the smallest priced horse of the race, and will generally be the first horse in the list, at the top, as it is shown on the screen. Sometimes you will get more than one favourite, if they are the same shortest price, these are called joint favourites. Occaisionally there will be three or perhaps more horses at the same price, these are called Co-favourites. Not all fav's win, but they are just the most likely horse to win, according to price.
Sometimes individual bookmakers will make special offers on some of the bigger meetings as part of their marketing. These are generally announced in adverts in the Racing Post, and can range from money back offers, enhanced odds, better place odds and so on. When good offers are spotted, I will always try to notify you in the report
On the odd occaision your horse may Dead-Heat, that is the first two, or three finished so closely that they are unable to split them. This will result in your stake being split into two- One half that won, and the other half that did not. (the other horse has won equally) You will win on half your money.
When a horse is withdrawn, but it is not yours, you will incurr what is known as a Rule 4. This can be difficult to explain and be understood, but here are the basics. When a horse is withdrawn, it gives the other horses a better chance of winning, as that horse is not running. This means your horses price should be less. The Rule 4 determines how much less, is taken off if you win.
|
| Price of Withdrawn |
Amount you have Deducted |
| 3/10 or shorter |
£0.75 in the pound |
| 2/5 to 1/3 |
£0.70 in the pound |
| 8/15 to 4/9 |
£0.65 in the pound |
| 8/13 to 4/7 |
£0.60 in the pound |
| 4/5 to 4/6 |
£0.55 in the pound |
| 20/21 to 5/6 |
£0.50 in the pound |
| Evens to 6/5 |
£0.45 in the pound |
| 5/4 to 6/4 |
£0.40 in the pound |
| 13/8 to 7/4 |
£0.35 in the pound |
| 15/8 to 9/4 |
£0.30 in the pound |
| 5/2 to 3/1 |
£0.25 in the pound |
| 10/3 to 4/1 |
£0.20 in the pound |
| 9/2 to 11/2 |
£0.15 in the pound |
| 6/1 to 9/1 |
£0.10 in the pound |
| 10/1 to 14/1 |
£0.05 in the pound |
| Over 14/1: |
no deduction |
|
These amounts are basically a pecentage taken off the amount you win, not your stake. Some people think that these amounts are unfair, but they do give the punter the slight edge mathmatically. So do not get too downhearted if you get a Rule 4, they are annoying, but fair.
All British Bookmakers abide by these Tatterstalls Rules.
There is occaisionally value in betting for a place, when there is a very short price favourite, with eight runners. The short price favourite pushes out the price of the outsiders, and some-one has to come second or third, and the price is over valued. But all bookies take a dim veiw on such bets, and will close your account or refuse your bet if you persist. |
|
