The Jockey Club has revealed that from 1 September 2013 bookmakers at its 15 courses will offer punters “standard and consistent terms” when accepting each-way bets.
Dickon White, Group Betting Director for Jockey Club Racecourses, commented: "We believe 1st September will be an important day for the on-course betting ring as the introduction of standard each-way terms for punters will give Jockey Club Racecourses’ customers greater confidence they are getting a fair deal when betting each-way at all 15 of our tracks.”
This seems like a good move by the Jockey Club on behalf of punters and has been taken after consultation with bookmakers the various tracks. The only concern might be that some bookmakers choose not to offer each-way betting at all or increase their minimum bet size.
The Jockey Club’s racecourses include: Cheltenham, Newmarket, Aintree and Epsom.
The Jockey Club’s standard each-way terms