As you know we live in troubled economic times. It’s harder and harder for small businesses, up to their necks in debt, to borrow more money at viable rates.
So, if you see a really small time bookie quoting prices for next season’s classics that are too good to be true, where your money will be tied up for the year, or making ricks aplenty at Royal Ascot that they won’t tell you how much they’ll lay until you’ve deposited, ask yourself this question: do they really want to offer you a great deal or do they simply want you to tie up your money with them?