Goodwood Festival News

World Pool turnover at Goodwood increases by nearly two-thirds

Sat 30 Jul 2022
 Sandrine wins at the Goodwood Festival this week (Photo: Mark Cranham / focusonracing.com)
Sandrine wins at the Goodwood Festival this week (Photo: Mark Cranham / focusonracing.com)

The Qatar Goodwood Festival saw over £97 million bet into World Pool across the opening three days.

Gross turnover for World Pool bets increased by nearly two-thirds on 2021’s figure of just over £59 million.

As a collaboration of global Totes, World Pool enables racing fans from all over the globe to bet into a single pool. This creates huge liquidity and excellent value for racing fans.

The Tote offered customers exceptional value across the 22 races at the Qatar Goodwood Festival:

· Tote+ Win beat SP in 18 of the 22 races (and matched on the remaining four with Tote Guarantee in place)

· Tote+ Win overround was 105% vs Industry Starting Price overround of 120%

· Tote+ Exacta beat Forecast on 20 out of 22 races

· Tote+ Trifecta beat Tricast on 15 out of 18 races

£3,000 was won by Racing Staff for World Pool “Moment of the Day” at the meeting.

At each World Pool event there is a “Moment of the Day” which will be awarded by an industry representative, with the moment decided by a standout performance.

This could include a wide-margin winner; a winner from an unlikely position; an extraordinary turn of foot at any point in the race; an above expectation performance by an outsider; or a human or equine interest story.

Racing staff who look after the winning horse for each World Pool “Moment of the Day” receive £1,000 and a bottle of champagne. At the Qatar Goodwood Festival, the following members of Racing Staff won “World Pool Moment of the Day”:

Tuesday: Willie Dwan, groom of Lord Riddiford who had his third win at the Qatar Goodwood Festival in the Class 2 Nicholson Gin Handicap.

Wednesday: Jane Stanforth, groom of Oscula who won the Group 3 Whispering Angel Oak Tree Stakes, having had six runs in 54 days.

Thursday: Hollie Thomas, groom of Royal Scotsman who broke the two-year-old track record when winning the Group 2 Richmond Stakes.

At the end of the World Pool season, the 16 winners of “Moment of the Day” at World Pool events will compete for the overall World Pool “Moment of the Year”, which will be presented on British Champions Day. The overall winner will be determined by a combination of scores derived from a public vote and an industry panel. The winning yard who looks after the horse will be awarded the World Pool “Moment of the Year” and receive £34,000.

What they say

Winfried Engelbrecht-Bresges, Chief Executive Officer of the Hong Kong Jockey Club, said: “The stunning growth of World Pool continued with fantastic results at the Qatar Goodwood Festival. What is most pleasing to see is the resonance of the World Pool brand across all customer segments and geographies over the three days.

"It is clear that customers are seeing the true value of World Pool liquidity and stakeholders are seeing the true value of the funding mechanism which results in higher returns to the industry. We appreciate the efforts by Goodwood, UK Tote, our global partners and of course the participants to make it such a successful event.”

Adam Waterworth, Managing Director at Goodwood Racecourse, said: “We are delighted to see the significant growth in World Pool at the Qatar Goodwood Festival. As our most high profile racing meeting of the year it has always been our aim to ensure as many people as possible around the world can watch and bet on the excellent racing.

"As well as being a positive development for racing fans, World Pool is one of the most important initiatives in British racing from which Goodwood benefits, allowing us to reinvest in our prize money and racecourse experience.”

Alex Frost, Chief Executive of the UK Tote Group, said: “The Tote has once again provided great value to customers betting on the high-class racing from the Qatar Goodwood Festival. With an overround of 105%, versus an Industry Starting Price overround of 120%, the Tote is offering racing fans unrivalled betting value

"I would like to thank The Duke of Richmond and Gordon, and the entire Goodwood team, for their collaboration and support of World Pool this week which perfectly demonstrates the benefits of mutual co-operation and partnership at the heart of World Pool. We look forward to the next World Pool days at the Ebor Festival at York Racecourse in August.”

Visit https://worldpool.hkjc.com/ for full details about World Pool and follow @WorldPool on Twitter for all the latest news.

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