Royal gamblers jump during run up to Ascot

As Royal Ascot is under starter's orders, so too are those having a flutter as new research from UK 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.