Racing: Punter at loss over 1-66 shot
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.A PUNTER cost himself pounds 640 yesterday simply by failing to walk a few yards to take advantage of the Tote's decision to return a minimum dividend of pounds 1.10 to a pounds 1 stake on any winning horse.
The last-race winner at Beverley, Victory Spin, returned a starting price of 1-66, the shortest price since on-course betting tax was scrapped.
One punter collected the paltry sum of pounds 160 after wagering pounds 8,000 at odds of 1-50. But he would have netted pounds 800 for the same risk had he simply put the money on with the Tote.
The Tote's spokesman, Rob Hartnett, said: "We are conscious that this sort of thing can happen but on these rare occasions when a horse is shorter than 1-10 we still prefer to return a dividend."
After commission payments to the course have been counted, the race will have cost the organisation in the region of pounds 15,000. The Tote win pool on the race was pounds 126,196, of which pounds 124,770 was bet on the winner.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments