Tuesday, March 27, 2001
PUNTERS MOVE FOR MORAL SUPPORT IN NATIONAL
Punter have continued to flock to back the Charlie Mann trained Moral Support in this years Martell Grand National, and forced the Tote to cut the nine-year-old from 25/1 to 16/1.
Mely Moss heads the Tote's market at 7/1 followed by Earthmover at 12/1.
7/1 Mely Moss
16/1 Moral Support, Noble Lord, Take Control
20/1 Browjoshy, Dark Stranger, Inn at the Top, Marlborough, Paddy's Return, Smarty
CATTERICK OFF TOMORROW
Tomorrow's meeting at Catterick has had to be abandoned as the North Yorkshire venue currently lies within a foot and mouth disease exclusion zone.
John Gundill Clerk of the Course reported: "They've cancelled us. I don't know exactly where the new outbreak is. We've just been told by the British Horesracing Board we cannot race."
Richard Hayler, Public Relations Executive at the BHB, added: "All that we have been told is that the zone around the outbreak will include Catterick racecourse."
TOTE ANNOUNCE CHANGES TO TRIFECTA AVAILABILITY
The Tote has today announced changes to the criteria used in selecting races on which the Trifecta-the Tote's 1-2-3 bet-operates, to streamline the bet and stimulate pool sizes. The changes will take affect from Wednesday April 4th, and coincide with the quality racing from Ascot, being shown live on the BBC, followed the next day by the start of the Aintree Grand National meeting.
Under the revised selection procedure there will be a minimum of one and a maximum of eight Trifecta races per day, with the number of runners and Class of race providing the criteria for selection. Trifecta Races will continue to contain eight or more runners, however now, the Tote will handpick the best quality races of the day to be nominated as the Trifecta race(s).
Previously the Trifecta operated on all races of eight or more runners, regardless of class.
"The announcement follows a period of detailed analysis by the Tote, into the performance of the bet after it became clear the Trifecta was under-performing in certain circumstances," said Tote spokesman Jeremy Scott.
"Our research showed that Trifecta pools performed best on the better quality, (i.e Class A,B and C) races. The new selection procedure means the Trifecta will operate each day on only the best quality race(s), which are of significant betting interest to the general public.
"There is unquestionably a market for the Trifecta, and we believe that by focusing the bet on the best quality and most competitive races each day, strong pools and healthy dividends can be generated which will be of long term benefit to the product."
NOTTINGHAM AND LEICESTER UNDER THREAT FROM THE WEATHER
Wednesday's meeting at Nottingham is subject to an inspection in the morning.
Charlie Moore, Clerk of the Course reported: "We will have a precautionary inspection at 7.30 tomorrow morning.
"The course is perfectly raceable but rain is forecast and we can't take a huge amount of rain, although we've had a dry 24 hours.
"We could get as much as 10mm and if it all came at once we would have a problem."
The flat meeting at Leicester on Thursday is subject to an insppection tomorrow morning with Captain Nick Lees, Clerk of the Course, warning that the track cannot take "an eggcup-ful" of rain.
DOUBTS OVER OPERATION OF GPT
The latest issue of The BOLA (Betting Office Licensees Association) Bulletin casts doubt on how the new GPT (Gross Profit Tax) will actually work when it replaces betting duty from January 1 2002.
It is expected that the system will work in a similar way to recoverable VAT and will basically follow this formula:
amount of duty due = (value of stakes - winnings paid out) x 15%
Of course, under the above formula it would be possible to produce a negative figure. If this does turn out to be the case, then no duty will be payable.
A consequence of the introduction of GPT will be that bets struck between individuals via brokers and bet exchanges will now be liable to duty. Bookmakers acting as agents who receive bets will also be liable to duty in the same way as the bet had been placed with him or her.
BOOKMAKERS ON ALERT OVER POSSIBLE PROTESTS
Scotland Yard has asked BOLA to warn bookmakers that an organisation called Animal Aid is planning to protest outside betting shops in the week March 31 to April 7 in a series of events called Horseracing Awareness Week.
The protest is expected to be peaceful and will try to persuade punters aware that there is no such thing as a "harmless flutter".
COOLMORE TO SHUTTLE PEGASUS AND YIELD TO AUSTRALIA
Two of Coolmore's stars from the Ashford Stud in Kentucky, Fusaichi Pegasus and High Yield will be shuttling to Australia for the 2001 Southern Hemisphere breeding season.
Both the four-year-olds have stood their first North American seasons this year. Their stud fees for Australia have yet to be announced.
For old articles (from 1st March 2000) go to the Newslink