The Sport of Kings & Equine Matters šŸ

About 18 months too late. Some weird changes on the way.

New odds part of British racing revamp

Racing: Decimal odds will replace traditional fractional odds for a trial period as one of a number of initiatives to help improve the image of horse racing in Britain as the sport attempts to appeal to a wider audience.

The decimal move is set to be low-key and will be introduced at several meetings over one weekend in spring as the taskforce Racing for Change accept there is likely to be some opposition to replacing the traditional and fractional odds.

The move is just one of 10 key points announced today by Racing for Change, the new project board tasked with modernising the sport and widening its appeal.

All the initiatives will be implemented by the end of June, with all sections of the industry being asked to play their part in raising the profile of racing.

On-course bookmakers will be encouraged to offer standard each-way terms as well as better customer service, while jockeys and trainers are to be listed on racecards by their first names and surnames and the results of photo-finishes will be displayed on screen at the same moment as the judges announcement.

Racing for Change believe the reluctance by some of the sports stars to work more closely with the media is having a detrimental effect on the positive publicity that can be achieved, and as a result funded media training for jockeys and trainers is to be made available, together with access to a 111,000 appearance fee budget for work with non-racing media.

Although not like for like, last November Horse Racing Ireland (HRI) named Willie Mullins as their National Hunt Ambassador where the star trainer is required to contribute weekly blogs and learn the delights of Facebook and Twitter further example of attempts to make the sport more accessible.

Race names are to be simplified, with several racecourse initiatives and a central PR campaign to promote racing more effectively to a wider audience, including opportunities through social networking sites such as Facebook and Twitter.

These are the first moves in what is seen as a long-term strategy to capitalise on the sports strengths and to promote them more effectively in an effort to raise its profile and bring in new customers.

Chris McFadden, Racing for Change chairman, said: British horseracing is the envy of the racing world with our abundance of outstanding horses, trainers and jockeys as well as a host of first class racetracks.

Yet, despite the likes of Sea The Stars and Kauto Star, the sport is failing to connect, as it did in the past, with the wider public. This is, no doubt, a result of a significantly more competitive betting and leisure environment - so we have to raise our game.

What has encouraged us during the research and consultation stages of the project is that, fundamentally, there is little wrong with the racing as an entertainment, leisure and betting medium.

What it requires is a clearer structure and better presentation of its strengths - its drama, spectacle and heritage as well as its equine and human stars.

What we need to do is promote the sport in a way that makes it relevant to a much bigger audience and these 10 initiatives are the first steps in that process.

The recent consultations have delivered many more good ideas that we can start to implement over the coming months. We just need the courage to trial them and measure the outcomes.

Work to overhaul the fixture list and to develop racings prize assets is well under way and we expect to make further announcements on this over the next couple of months.

-PA

bollix to decimal oddsā€¦

Theyā€™ll want to settle them to a 2 standard stake next to make the odds look better.

Betting ā€œwithoutā€.

Do you do it?

In general I tend to avoid it unless Iā€™m punting on a long shot and the odd time you might get the horse the same price without as ā€œwithā€.

Itā€™s a shocking indictment of the British education system when theyā€™re worried about fellas not realising that 13/8 is better than 6/4.

God knows what the SP is going to look likeā€¦ Kauto Star returned 2.06 in the Gold Cup will have every shop in the country in trouble for small change. On the positive side, John McCririck will become obsolete overnight.

[quote=ā€œThe Runtā€]Betting ā€œwithoutā€.

Do you do it?

In general I tend to avoid it unless Iā€™m punting on a long shot and the odd time you might get the horse the same price without as ā€œwithā€.[/quote]

Only if thereā€™s a strong fancied favourite and I donā€™t think the second fav will finish second. Think the last time I did it was backing Mastercraftsman w/o Sea The Stars in Leopardstown. Wouldnā€™t be mad on it to be honest.

Iā€™d be the same, Iā€™d be more along the lines, if you think a horse is going to win then back him, if you donā€™t think heā€™s good enough to win, then donā€™t.

I saw bookie Michael Oā€™Neill in town just there and he put it into my head. ā€œThis is special bettingā€

Traditionally bookies take a bigger margin on the betting without market so itā€™s usually not great value.

Thereā€™s one of the bookies who usually offers without 3 in big field races, usually the top 2 in the betting but then the 3rd could be any old 12/1 shot. Canā€™t think of who it is though, you might know.

Barry Dennis isnā€™t a fan of these changes, on a bit of a rant on SSNā€¦

yeah, the margins are bigger definitely and it is normally handy money for the bookie, one who I know says it is normall 10ers and scores and loads of them.

It is a market that I often explore at the dogs, as I would have my own tissue on a race and the boyos often go without the wrong oneā€¦

:thumbsup: this is a joke. if they really believe this is the first step to increasing the popularity of racing to young people they are greatly mistaken.

I was on the phone to the brother there and he was bemoaning the disappearance of 100/6 from usage. :smiley: The on-course game is well and truly dead sadly due to the complete lack of incentive to bet with them. For me, if you kill off the on-course bookies youā€™ll kill off the atmosphere and then kill off attendences. For all the positives about racing in France or USA, thereā€™s a huge void in betting atmosphere.

The amount of bookies standing at Limerick over the Christmas was well down. Where usually you would have a full square ring there was only 3 sides full on Stephens Day and about 10 less again by the end of the week.

On-course betting is as good as dead.

The big losers in this will be the racecourses, alot of blokes wonā€™t go racing without at least having a vibrant betting ring to stand in. It was ok before when there was a 10% tax off-course and it was tax free on-course, it brought alot of people to the track to punt. I donā€™t know how alot of those Joes pay the pitch fees and a clerk, I really donā€™t.

A lot of them are struggling badly but itā€™s the love of the game thatā€™s keeping them in it. Could they do anything to encourage a couple of new players into the game?

How much would an on course bookie turn over at an average race meeting(outside of a festival)

how often do you ask this?

At a normal Irish meeting (outside of a festival), say Limerick or Tipperary, iā€™d imagine theyā€™d have to be turning over at least 2k in order for it to be viableā€¦