As Royal Ascot is under starter's orders, so too are those having a flutter as new research from the UK's biggest cashback site, Quidco, shows the event will prompt a gambling increase of over 10%.
Last year members of the site contributed to a 12% increase in the gambling sector, with the average royal backer increasing their bet by 13% to £38. Whether you're a seasoned expert returning every year, or a gambling novice, you can still get money back by earning cashback.
Some of the biggest betting names are offering exclusive deals when customers place a bet online, via cashback site Quidco. In some cases even if you lose your bet, money back can still be up for grabs. Offers from the UK's number one cashback site include:
Ladbrokes Sportsbook: £25 cashback for a minimum wager of £20 on your very first bet, offered exclusively to Quidco members
Paddy Power: £25 cashback for your very first bet when you stake £10 or more, offered exclusively to Quidco members
William Hill Sportsbook: £20 cashback for new players who deposit and wager a minimum of £10, offered exclusively to Quidco members
Jo Roberts, Head of PR at Quidco, said: "Royal Ascot is an annual racing fixture where thousands have a punt, without knowing the form of the runner. Many feel the fun of placing the bet but the expectation of winning is low, as fashion focus is higher than familiarisation of the form. With our cashback deals you can place a bet and still earn money back, even if your runner is pipped to the post. These are odds that will appeal to any gambler given the current financial climate."
Royal Ascot is one of the pinnacle events in the race-goers diary. This year the five-day event will enjoy all of the pageantry as The Queen attends in her Diamond Jubilee year, making this a quintessentially British day out.
Quidco is the UK's biggest ‘cashback' site that pays people when they make a purchase from any of the 3,300 retailers listed on its website, by returning the retailer's commission, back to the shopper. In addition to cashback offered (both online and in store) Quidco also offers printable vouchers, voucher codes and insurance comparison tools.
This website is for information and guidance purposes only and contains 3rd party content and some journalistic comment or tips,
which should be considered in regard to your own specific and personal circumstances. Specific advice of any nature should be
taken before acting on any suggestions made or information read. Nothing on this site represents any recommendation to buy or legal,
tax, property and investment advice (as governed by the Financial Services and Markets Act 2000) or advice of any kind by Total Investor.
Any 3rd party direct contact, advice received, tips tor purchase with professionals, service or product providers displayed,
is entirely at your own risk. The value of shares and investments can go down as well as up. The FSA does not regulate Credit Cards,
Will Writing and some forms of mortgage and Inheritance Tax Planning. Please note, some information displayed might be date sensitive,
or apply for only a period and can change over time due to legislative, legal, accounting, regulatory or other factors.
See full Terms of Business and Private Policy.