World Pool betting to be expanded to 17 racedays in Britain this year
The number of British racedays which will participate in the World Pool this year has been increased to 17, giving the sport the chance to showcase itself internationally according to Tote chairman John Williamson and trainer William Haggas.
Under the World Pool, punters from around the world bet into a single pool, increasing liquidity and stabilising odds with the intention of providing better value for customers.
Pools grew by more than 400 per cent to £92.2 million at the first World Pool staged at Royal Ascot in 2019, while last year there was a further 50 per cent increase to £137m.
Qipco British Champions Day was subsequently added to the list of World Pool racedays and earlier this year it was announced that 2,000 Guineas day and Cazoo Derby day would join the roster.
However, following work between the UK Tote Group, racecourses, their media rights partners and the Hong Kong Jockey Club, that number has increased again, with Coral-Eclipse day at Sandown, the first three days of Glorious Goodwood and the Ebor meeting, and Ascot's Dubai Duty Free Shergar Cup and King George days being added to the list.
The increased number of simulcast meetings – and by extension World Pool meetings – was approved by the Hong Kong government in February.
Hong Kong Jockey Club chief executive Winfried Engelbrecht-Bresges said: "This underscores another important achievement made by the Hong Kong Jockey Club and the Tote, as well as their partners across British racing in ensuring racing fans around the world can bet on some of the best days in the Flat racing calendar via World Pool."
He added: "We look forward to continuing to work with all in British racing to refine, develop and promote World Pool in the months and years ahead."
Williamson thanked the Hong Kong Jockey Club for its leadership and "pioneering approach" to innovation in pool betting.
He added: "This provides us with a significant opportunity to showcase British and Irish racing to an international audience."
Among those to welcome the move was trainer William Haggas, whose international exploits have included a number of high-profile successes in Australia with Addeybb.
He said: "I know from having runners all over the world how well respected and admired British racing is but we must work together to increase revenue streams to support prize-money levels and ensure the long-term sustainability of the sport.
"Crucially, World Pool provides the sport with the best opportunity to increase betting revenue and showcase our racing to a global fan base."
British World Pool events in 2021
Qipco 2,000 Guineas day – Newmarket, May 1
Cazoo Derby day – Epsom Downs, June 5
Royal Ascot – Ascot, June 15-19
Coral-Eclipse day – Sandown Park, July 3
Qipco King George Diamond Day – Ascot, July 24
First three days of the Qatar Goodwood Festival – Goodwood, July 27-29
Dubai Duty Free Shergar Cup Day – Ascot, August 7
First three days of the Welcome to Yorkshire Ebor Festival – York, August 18-20
Qipco British Champions Day – Ascot, October 16
Download the free Racing Post app for cards, form, tips, in-app betting and to watch live races. Download for free at racingpost.com/mobile or search Racing Post app
Published on 12 May 2021inNews
Last updated 13:47, 12 May 2021
- Merci Olivier! No final winner for Olivier Peslier but the world of racing unites in saluting the end of a great career
- The latest edition of the Racing Post is available to read online now - here's how you can access it
- How Smart View recorded a 76 per cent profit at the Cheltenham Festival
- Smart View is available on the Racing Post app - how to read the revolutionary new racecard
- Levy reform talks 'accelerating' as clock ticks down to April deadline for agreement
- Merci Olivier! No final winner for Olivier Peslier but the world of racing unites in saluting the end of a great career
- The latest edition of the Racing Post is available to read online now - here's how you can access it
- How Smart View recorded a 76 per cent profit at the Cheltenham Festival
- Smart View is available on the Racing Post app - how to read the revolutionary new racecard
- Levy reform talks 'accelerating' as clock ticks down to April deadline for agreement