When on 20 May 1989 I won £250,000 on a Thirsk tricast, exotic bets were not as prevalent as they are today. Win, Each Way, Doubles, Trebles, Yankees, Lucky 15s, Lucky 31s, Canadians, Heinzs, Jackpots, Placepots, Scoop 6 are all now regular bets.
People lay on the betting exchanges, buy or sell just about anything with index companies – the list goes on and on with companies coming up with clever ways for punters to part with their hard earned!
Many of us a once or twice a year racecgoers who go for a lovely day out with friends, something to eat and a drink or three. There is nothing wrong with a win bet but one should check if the bookies or the Tote are offering the best odds. More often than not the Tote offer better odds on outsiders because it is a pool system. Remember each way is only three places when there are eight runners or more. Four places apply in handicaps of 16 or more runners.
A placepot is a fun bet that can keep interest going through the day. The bet is with the Tote and needs putting on prior to the first race – you select a horse in each of the races at the course that day. You need to get one horse placed in each race in order to win your bet. This is not as easy as it sounds and dividends can soar.
The other bit of advice is that if you fancy four horses (in separate races), always do a Lucky 15 rather than a Yankee. The Lucky 15 is a multiple bet consisting of four singles, six doubles, four trebles and one accumulator, totaling 15 bets. A Yankee is also a multiple bet but is made up of six doubles, four trebles and one four-fold. In the Lucky 15, the four extra bets are singles and the bookies pay either double or treble on one winner. Good value!
If only it was 20th May again……….