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Although the use of mobile phones has rendered Tic-Tac nigh on obsolete in the modern betting ring, it is, or was, a secret sign language used by floor men, and women, to relay information about price movements to bookmakers. Traditionally, Tic-Tacs could be employed privately by bookmakers or self-employed, subject to authorisation by the National Joint Pitch Council. In either case, they would wear white gloves to make their hand and arm movements more obvious and, typically, stand on a pile of wooden crates so that they could easily be seen across a crowded betting ring.

Of course, the purpose of Tic-Tacs is to provide a service to bookmakers, not the racing public, and one of the tricks of their trade is known as a ‘Twist Card’. Tic-Tac is complex, but not so complex that it cannot be learnt by racegoers, including professional punters, so to add to the level of subtefuge, the ‘Twist Card’ contains different racecard numbers to those on the standard, publicly-available racecard. Thus, while an informed member of the public may be able to determine that a horse is attracting betting support, he or she still does not know which horse it is, at least not until the price shortens on bookmakers’ boards.

In British Flat racing, the highest quality races are assigned Group One, Group Two or Group Three status by the European Pattern Committee. In British National Hunt racing, the grading system is similar, but races are assigned Grade One, Grade Two or Grade Three status by the Jump Pattern Committee, under the auspices of the British Horseracing Authority (BHA).

Under both codes, ‘Listed’ status represents a step below Group Three, or Grade Three, status, in terms of quality and, therefore, a step above handicap races. Like Group or Graded races, Listed races are run off level weights, with penalties for horses that have won at a higher level and allowances for age and gender. Thus, while Listed races are not subject to any minimum requirement, in terms of official handicap rating, they are more highly regarded than handicaps, in which every horse, theoretically, has the same chance of winning. Indeed, Listed races are the lowest level at which horses can earn so-called ‘black type’ in sales catalogues.

Dozens of Listed races, under both codes, are run throughout the year in Britain. Examples include the Windsor Castle Stakes and Chesham Stakes, at Royal Ascot, the Contenders Hurdle at Sandown

and Scottish Triumph Hurdle Trial at Musselburgh, to name but a few.