Gambling

Since coup conspirators nearly won £10 million from the bookies, the sport has divided into two camps. Some grinned and wished good luck to the schemers in their efforts to worst the Old Enemy; others insisted with sober faces that it was a scandal which besmirched racing and diddled honest punters who weren’t in the know. With most racing eyes firmly fixed on the Dublin Racing Festival on 7 February, bookmakers became aware overnight of potentially huge liabilities on three horses in obscure races, each saddled by a different trainer, who had been linked together at long prices in multiple trebles and doubles. Their panic grew as first Fire Away,

Save on bishops Sir: The Church of England is once again missing the point if its financial crisis will result in the closure of parish churches and redundancy of clergy (‘Holy relic’, 6 February). Radical action is required, but the focus should be elsewhere. A starting point would be to amalgamate the vast majority of dioceses. Why is East Anglia served by the C of E dioceses of Ely, Norwich, St Edmundsbury and part of Peterborough when the Roman Catholics manage more than adequately with a diocese for East Anglia? Time to unite and benefit from economies of scale. But it should go much further: halve the number of bishops, diocesan and

Doing good doesn’t always work out as expected. A regular entering his local pub takes pity on an old lady seemingly fishing with a bent stick and string in a kerbside pool of rain. He invites her in for a drink. As she raises her gin and Dubonnet, he asks amiably: ‘So how many did you catch today?’ ‘You’re the eighth,’ she replies. Imagine another pub scene. As lockdown is relaxed, a customer’s order of three pints of bitter and two G&Ts is refused by the landlord: ‘Sorry, Squire, but according to my government boozometer that takes you over your permitted weekly Alcoholic Spending Limit of £100. You signed for

My French friend André speaks perfect English and is the kindest of men. After reading last week about my futile efforts to place a bet on the French state betting terminal in the village bar, he put himself out during the week to have a word with one of the bar staff. He gave her my description and told her to expect me to appear in the bar the following Sunday afternoon in time for the Prix de l’Arc de Triomphe. And he drew an assurance from her that she would help me decipher the betting-form multiple-choice hieroglyphics. Or, better still, take a verbal betting instruction over the counter. I

Feeling oddly confident, clairvoyant even, I entered a bar to place a bet on Sunday’s Prix de l’Arc de Triomphe. I had researched the internet for advice on how to place a bet in France and I knew I wanted to bet on a couplé gagnant, that is to say make a prediction of the first two horses past the post. Feeling almost supernaturally confident, I thought I would follow up with a wilder bet called a trio ordre, adding a third horse from among the outsiders. Because my desire to bet large on a classic horse race was overwhelming, and my conviction that I would win grandiose, I think

Along, cold weekend brought a haul of business news more bad than good. The worst was from aero-engine maker Rolls-Royce, which announced a £5.4 billion half-year loss — adverse currency movements plus a collapse in new orders and engine-repair work — and warned that in the ‘plausible downside scenario’ of an extended slump in global aviation, the company might cease to be a ‘going concern’. That’s a horrendous prospect for what’s left of British engineering. And unlike recent losses on a similar scale at BP, there’s no consolation in terms of long-term repositioning of the business: in short, the fewer jets flying, the grimmer Rolls’s future. As cash runs out,

Encountering a generous-hearted bookmaker is normally as rare an occurrence as finding a picture of the Duchess of Sussex without her hand on the Markle pregnancy bump. All credit, then, to Coral and Betfair and one or two others for their behaviour last Saturday. After a thrillingly close finish to the EBF Matchbook VIP Novices’ handicap hurdle at Sandown Park, the topweight One For Rosie, ridden by Sam Twiston-Davies, was declared the winner over the public-address system. Since I had backed him at 12–1, a certain amount of undignified jumping up and down ensued over which my racing companion was remarkably forbearing. But as I went to buy him a

This is an extract from Robin Oakley’s racing column in this week’s Spectator. You can tell by the tone of the jokes how most occupations are regarded and we’ve all heard the traditional ones about the old enemy. ‘Why don’t sharks attack bookies?’ ‘Professional courtesy’. ‘Why did God invent bookmakers?’ ‘To make used-car salesmen look good.’ ‘Why are bookmakers buried an extra six feet down?’ ‘Because deep down they are very nice people.’ OK, such stories are applied to lawyers too. And journalists. But as a Racing Post headline confirmed last week, bookmakers are under heavy pressure. William Hill has been fined £6.2 million for breaching regulations on social responsibility

You can tell by the tone of the jokes how most occupations are regarded and we’ve all heard the traditional ones about the old enemy. ‘Why don’t sharks attack bookies?’ ‘Professional courtesy’. ‘Why did God invent bookmakers?’ ‘To make used-car salesmen look good.’ ‘Why are bookmakers buried an extra six feet down?’ ‘Because deep down they are very nice people.’ OK, such stories are applied to lawyers too. And journalists. But as a Racing Post headline confirmed last week, bookmakers are under heavy pressure. William Hill has been fined £6.2 million for breaching regulations on social responsibility and on money laundering. For example, it allowed a customer to deposit £541,000