World Pool | Horse Racing Free Tips

Trainers To Benefit From New Tote Scheme

The Tote has launched an innovative scheme which aims to benefit British-based trainers though returns on betting profit generated by owners.

The Racing Revenue Share Scheme awards 20% of the revenue share from the Tote's takeout for any bet placed by owners who have nominated a specific trainer. The scheme is based on turnover with no cap on the potential amount earned by the trainer, who must be signed up to the scheme.

Alex Frost, CEO of UK Tote Group, said, “We're delighted to have launched the Racing Revenue Share Scheme so that racehorse owners' betting activity can support their trainers and yards. This scheme is central to allowing the Tote to play our part in increasing how much pool betting can return to British racing. The scheme is unique to the Tote and highlights the benefits of the pool betting model where we can welcome winning customers, while their betting activity can benefit the sport we all love.”

In 2019, a consortium of investors with links to racing and led by Frost, an owner/breeder and owner of Ladyswood Stud in Gloucestershire, completed its acquisition of the Tote from Betfred. The UK Tote Group, initially known as Alizeti, promised to contribute at least £50 million to British racing over seven years in addition to paying the levy.

Speaking at the time of the deal being completed, Frost said, “Pool betting plays a leading role in racing jurisdictions around the world and we believe the Tote can play a similar role in the UK, while supporting and growing British racing in the years ahead.

“International collaboration is right at the top of our agenda. Growing the British pool grows the potential contributions we can make to British racing.”

The Tote teamed up with the Hong Kong Jockey Club that same year to host World Pool days from British race meetings, starting initially with Royal Ascot. Last year, the World Pool fixtures increased to 17 race days across Britain and Ireland, with the UK pool increasing by more than 40% and generating millions of pounds in extra income for the racecourses involved, which included Epsom, Sandown and York.

As part of the Tote's “ongoing rejuvenation” the company also introduced the Tote Guarantee on racecourses last November, which ensures that the Tote Win price will always match or exceed the industry starting price.

Ahead of the start of the Cheltenham Festival, one of the major betting meetings of the year in Britain, Frost said, “We're all looking forward to a fantastic four days of racing at Cheltenham. We hope as many people as possible will bet with the Tote, both on-course and online, making the most of our Tote Guarantee and circa £1 million daily placepots.”

Owners wishing to take advantage of the Racing Revenue Share Scheme can contact the Tote via yards@tote.co.uk.

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Irish Champion Stakes Day To Be World Pool Event For The First Time

For the first time, Longines Irish Champion Stakes Day will be a World Pool event.

Through collaboration between the Hong Kong Jockey Club, Tote, Horse Racing Ireland, and Racecourse Media Group, for the first day of the festival, which takes place at Leopardstown Racecourse on Saturday, Sept. 11, racing fans from around the world will have the opportunity to bet into a single pool, ensuring larger and deeper pools, differentiated pricing, and the opportunity for unequalled value for Tote customers.

Created and hosted by the Hong Kong Jockey Club since 2018, over 20 leading racing nations, including Ireland, the UK, Hong Kong, Australia, Singapore, South Africa, and the US have been part of World Pool to date.

Brian Kavanagh, Chief Executive of Horse Racing Ireland, which owns Tote Ireland, said: “We are delighted that the Hong Kong Jockey Club have made Irish Champion Stakes Day at Leopardstown a World Pool event for the first time. This is both great news for Irish Tote bettors and for Leopardstown, underlining the benefits of Tote operators around the world coming together to provide bigger pools and better value. We look forward to continuing work with the Hong Kong Jockey Club and all involved in World Pool as it continues to grow and develop.”

Winfried Engelbrecht-Bresges, Chief Executive Officer of the Hong Kong Jockey Club, said: “I am pleased to see Ireland become the fourth racing jurisdiction to participate in World Pool following the UK, Dubai and South Africa. The World Pool provides customers from around the globe the opportunity to tap into the global pool with unmatched liquidity and is a significant source of additional income for our content partners during these challenging times. During the past summer of World Pool meetings, Goodwood and York festivals were simulcast for the first time. The next focus of attention will be the Irish Champion Stakes Day which is the first time an Irish race will be included in World Pool. We wish Horse Racing Ireland every success on the day.”

There have been examples of exceptional value which can also be expected to be replicated on Longines Irish Champion Stakes Day:

• At the Cazoo Derby at Epsom Downs the pool grew from €1.9 million (£1.7m) to over €30.3 million (£26m) with winners paying more on the Tote. For example, Adayar paid 20.24 on Tote+ compared to an SP of 16/1.
• World Pool at Royal Ascot saw the Tote+ Win price beat the Industry SP on 21 occasions and match it on 14 occasions across the 35 races. This resulted in a 11% higher return compared to SP for Tote+ bets placed on tote.ie, based on placing a €1 bet on each winner during the week.
• At the Qatar Goodwood Festival, 17 of the 22 winners were bigger on the Tote than with bookmakers, and the Tote matched them on the remaining five. This meant Tote customers were €34.63 better off with Tote+ to a €1 stake on every winner, which is 14.2% better than the SP. Six of the 22 races finished with “overbroke” final dividends betting to less than 100%, compared to an average overround of 15% with the bookmakers – this simply never happens in any other betting environment.
• At the Welcome to Yorkshire Ebor Festival Tote+ win price beat the SP on 16 of out 21 occasions and matched it on the remaining five. There were 3 “overbroke” markets betting to less than 100%. The biggest World Pool market of the week was on the Group 1 Coolmore Wootton Bassett Nunthorpe Stakes with €4.6 million (just under £4m) in the pool. The winner Winter Power paid out at 14.46 on Tote+ compared to an SP of 9/1.

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Irish Champion S. Day to Be World Pool Event

Longines Irish Champion S. Day will be a World Pool event for the first time, Horse Racing Ireland announced. Sept. 11 marks the collaboration between the Hong Kong Jockey Club, Tote, Horse Racing Ireland and the Racecourse Media Group at Leopardstown where racing fans from around the world will have the opportunity to bet into a single pool, ensuring larger and deeper pools, differentiated pricing, and the opportunity for unequalled value for Tote customers. Created and hosted by the Hong Kong Jockey Club since 2018, over 20 leading racing nations, including Ireland, the UK, Hong Kong, Australia, Singapore, South Africa, and the US have been part of World Pool to date.

Winfried Engelbrecht-Bresges, Chief Executive Officer of the Hong Kong Jockey Club, said, “I am pleased to see Ireland become the fourth racing jurisdiction to participate in World Pool following the UK, Dubai and South Africa. The World Pool provides customers from around the globe the opportunity to tap into the global pool with unmatched liquidity and is a significant source of additional income for our content partners during these challenging times. During the past summer of World Pool meetings, Goodwood and York festivals were simulcast for the first time. The next focus of attention will be the Irish Champion Stakes Day which is the first time an Irish race will be included in World Pool. We wish Horse Racing Ireland every success on the day.”

Added HRI Chief Executive Brian Kavanagh, “We are delighted that the Hong Kong Jockey Club have made Irish Champion Stakes Day at Leopardstown a World Pool event for the first time. This is both great news for Irish Tote bettors and for Leopardstown, underlining the benefits of Tote operators around the world coming together to provide bigger pools and better value. We look forward to continuing work with the Hong Kong Jockey Club and all involved in World Pool as it continues to grow and develop.”

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Welcome to Yorkshire Ebor Festival Will Host World Pool

The Welcome to Yorkshire Ebor Festival will be a World Pool event for the first time in 2021, York Racecourse and the Tote announced on Monday.

Held at York, the Welcome to Yorkshire Ebor Festival begins on Aug. 18 and lasts through Aug. 21, with racing fans around the world able to bet into a single pool ensuring larger and deeper pools, differentiated pricing and for unequaled value for Tote customers over the first three days. There have been a dozen World Pool days hosted by British racing already this year, among them QIPCO 2000 Guineas Day, Cazoo Derby Day, Royal Ascot, Coral-Eclipse Day, QIPCO King George Diamond Day and the Qatar Goodwood Festival. Over £250 million has been bet into the World Pool on these 12 days. In addition, there has been extra value for customers betting on www.tote.co.uk, with advantages like the Tote Guarantee, which ensures the win price always matches or exceeds the Industry Starting Price (SP), while Tote+ (Tote Plus) gives all customers a 10% dividend enhancement on every winning bet. Across Royal Ascot and the Qatar Goodwood Festival, a total of 38 of 57 races beat the Industry SP.

Bridget Guerin, Chairman of York Racecourse, said, “York Racecourse is delighted that all three of our midweek racedays
of the Welcome to Yorkshire Ebor Festival are World Pool events. This includes our three Group 1 races including the
Longines World's Best Race, the £1-million G1 Juddmonte International. We look forward to having the opportunity to showcase our feature race meeting to a global betting audience and to build on the sport's ongoing work with the teams at both the Hong Kong Jockey Club and the Tote to grow pool betting on British racing.”

Alex Frost, Chief Executive of the UK Tote Group, said, “With 17 World Pool days being hosted at British and Irish race
meetings in 2021, it is exciting to see the growing awareness of the exceptional value World Pool can offer to Tote
customers, and the financial benefits it brings to racecourses and the wider sport. We look forward to once again seeing
the World Pool brand oncourse at York this week as we all look forward to an excellent week of racing.”

Other World Pool events after the Welcome to Yorkshire Ebor Festival, which will mark a continuation of the first ever summer of international horse racing made available to Hong Kong customers, include the Longines Irish Champion S. Day at Leopardstown on Sept. 11 and the QIPCO British Champions Day on Oct. 16.

The post Welcome to Yorkshire Ebor Festival Will Host World Pool appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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