This year I was once again sumptuously entertained at the Cheltenham Festival by the racing tipster Colonel Pinstripe in his tented chalet. On Gold Cup day I presented myself at the flouncy entrance and the Colonel, standing just inside, like the custodian of a harem, warmly welcomed me in. Before introducing me to the company, the arm came around my shoulder and he steered me discreetly to one side.

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