UK horse racing is facing another financial crisis as bookmakers and betting sites turn their back on the sport. Analysis by the Racing Post has confirmed that operators have cut their sponsorship spending in racing by 17% – figures released almost a year to the day since the government announced their Gambling Tax hikes. And […]
Horse Racing
Bookies Left Licking Wounds as Fitzwilliam Owner Confirms £100,000 Grand National Bet Was Genuine
It is, quite literally, the most bet-upon sporting event in the UK each year. And it’s usually one that the bookmakers do rather well at too, as casual punters pile in with bets placed on horses that share the same name as their favourite aunt/work colleague/cat etc. But this year at Aintree, the biggest Grand […]
Crokes Cross’ 300/1 Kelso Triumph Equals British Racing Record as Longest Odds Winner
With an implied probability of 0.3%, punters can typically kiss goodbye to their money when backing a 300/1 shot. But, every once in a while, an underdog victory for the ages can unfold… That was the case at Kelso Racecourse on Thursday, as Crokes Cross – a 300/1 no hoper – landed a novices’ hurdle […]
UK Government Confirms Horse Racing Betting Levy Will Remain at 10%
Senior officials within British horse racing are said to be furious after the government refused to increase the betting levy from the current rate of 10%. Ministers have been meeting for almost three years to discuss a potential increase, which would provide the sport with much-needed funds at a time when costs are escalating. However, […]
Cheltenham Festival Promises Cheaper Drinks and Ladies Day Return to Tackle Falling Attendance Numbers
Dwindling crowds and odds-on horses falling… those have been the two guarantees at the Cheltenham Festival in recent years. So organisers will launch a charm offensive ahead of the 2026 renewal in a bid to woo punters back to Prestbury Park for the National Hunt’s flagship meeting. They are aiming to reverse the trend for […]