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In this section we look at how to treat Inside Information and give some examples of acceptable and unacceptable uses of it. There may be other instances that are not covered here, and the guidance is not meant as a substitute for the Rules or an exhaustive list. If you have any doubts about what is acceptable and what isn’t, please contact the British Horseracing Authority for advice.
Acceptable uses of Inside Information by Stable Employees
As long as you don’t know or suspect that the Inside Information is to be used for a corrupt betting purpose, as a Stable Employee you’re able to:
- Use Inside Information on horses from your yard to personally bet that those horses will win.
- Have casual conversations about the chances of horses in your yard with any one individual, providing they are not part of a series of conversations.
- Have conversations about a horse with the Trainer or the horse’s Owner or the Owner’s representative
Unacceptable uses of Inside Information for Stable Employees
Here are two examples of the unacceptable use of Inside Information, but if you have concerns about any other specific situations, please contact the British Horseracing Authority for advice and guidance.
- Communicating Inside Information directly or indirectly to any other person, (other than the Owner or the Owner’s Representative), for any material reward, gift, favour or benefit in kind.
- Any occasion when you know or suspect that the Inside Information is likely to be used for a corrupt betting purpose. The repeated or systematic passing of Inside Information to the same individual, even if there is no reward, will raise suspicion that it is being used for a corrupt betting purpose
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