In former days, horseracing dominated off-course betting but, like greyhound racing, the sport's share of the market - both domestically and internationally - has slipped as new betting mediums have been introduced.
There are currently 60 race courses in Britain with over 13,000 horses in training competing for over £94 million in prize money spread across 1,100 race meetings per year.
Horseracing offers many different ways to bet, with singles being the most obvious and still by far the most popular. In the multiple bet market Placepots and Lucky 15s lead the way. Latest figures from the BHA (British Horseracing Authority) show horseracing has a 65 per cent share of British betting, with the Grand National being the jewel in the crown and generating over £100 million in bets.
The introduction of Electronic Point of Sale (EPOS) systems to betting shops has given bookmakers much greater control over how their shops are operated. Previously shop staff could process an off-slip when all bets for a race had been taken but... more
From BBC Sport
All bookmakers have a rule which determines the settlement in regard to disconnected telephone calls.
Most companies state that the read-back has to have been completed for the bet to stand but others state that the bet will stand no matter when a call is disconnected as long as the details are clear and the bet is acceptable to them.
The onus is always on the customer to call back and check his bet's status if there is any doubt as to whether the bet has been placed or not.