MPs to tackle bookmakers over case for new ‘minimum bet’ rule in horse racing

Share via Email Bryony Frost in Grand National picture after skills dazzle at Warwick Share on Messenger Share on LinkedIn Sport betting news The campaign for a fairer deal for punters from bookmakers will take a significant step forward later this month, when the case for a “minimum bet” rule to prevent some backers being restricted to betting in pennies will be argued in Westminster.The parliamentary seminar at Portcullis House on 23 January has been organised by Philip Davies MP, co‑chair of the All-Party Betting and Gaming Group (APBGG). An invited audience will include senior officials from the Gambling Commission, which regulates and licenses British bookmakers. Share on Twitter Support The Guardian Horse racing tips … we have a small favour to ask. More people, like you, are reading and supporting the Guardian’s independent, investigative journalism than ever before. And unlike many news organisations, we made the choice to keep our reporting open for all, regardless of where they live or what they can afford to pay.The Guardian will engage with the most critical issues of our time – from the escalating climate catastrophe to widespread inequality to the influence of big tech on our lives. At a time when factual information is a necessity, we believe that each of us, around the world, deserves access to accurate reporting with integrity at its heart.Our editorial independence means we set our own agenda and voice our own opinions. Guardian journalism is free from commercial and political bias and not influenced by billionaire owners or shareholders. This means we can give a voice to those less heard, explore where others turn away, and rigorously challenge those in power.We hope you will consider supporting us today. We need your support to keep delivering quality journalism that’s open and independent. Every reader contribution, however big or small, is so valuable. Support The Guardian from as little as $1 – and it only takes a minute. Thank you. Horse racing Since you’re here… Share on WhatsApp Davies organised the event after being told by a resident of his Shipley constituency that his attempts to place bets of £20 or even £10 on horse racing were frequently refused by online bookmakers, who instead offered to accept just a few pence at their advertised price.An increasing number of online punters have complained about similar treatment in recent years, while the Horseracing Bettors Forum (HBF), which was created by the British Horseracing Authority in 2015 to represent punters’ interests, has warned that restricting or closing betting accounts is damaging racing’s popularity as a betting medium.Simon Rowlands, the chairman of the HBF, will tell the APBGG seminar that a “minimum bet” rule, which requires bookmakers to lay an advertised price to lose a fixed sum, is essential to stop punters being driven away from the sport.“We’ve come up against a brick wall of indifference, and even hostility, from bookmakers previously,” Rowlands said, “but there does seem to be a move towards addressing the issue. Discussing it in a forum like this is a significant move.”Richard Flint, the managing director of Sky Bet, will also address the seminar, before being questioned by APBGG members.Rowlands said: “There must be an incentive to tackle the puzzle seriously. That’s the whole point of betting on racing rather than having a spin on a roulette wheel. If you remove that, it has a big knock-on effect, as betting on the sport is perceived as not worth the effort.” Share on Pinterest Share on Facebook Topics Read more Reuse this content read more