Who is Martin Pipe?
Martin Pipe, who officially retired, due to poor health, in April, 2006, was a revolutionary, often controversial, trainer, who dominated British National Hunt racing from the late Eighties until the early Noughties. In fact, Pipe won the National Hunt Trainers’ Championship 15 times in all between 1988/89 and 2004/05, including ten seasons in a row between 1995/96 and 2004/05; indeed, he relinquished his reign as Champion trainer only briefly, to the late David Nicholson, in 1993/94 and 1994/95.
Based at Pond House, Nicholashayne, on the Devon-Somerset border, Pipe trained his first winner, Hit Parade, at Taunton in 1975 but, in his 30-year career, would amass a total of 4,180 winners, more than any other National Hunt trainer in history. He saddled 34 winners at the Cheltenham Festival including Granville Again and Make A Stand in the Champion Hurdle, in 1993 and 1997, respectively, and won the Grand National with Miinnehoma im 1994. Indeed, he trained over 200 winners in a season, including a then record 243 in 1999/2000, on eight occasions.
Pipe is credited with introducing training innovations such as blood tests, meticulous record-keeping, which allowed him to chronicle his horses’ health and interval training, all of which are commonplace in the modern training regime. His approach allowed him to boost the fitness of his horses more than any other trainer and he achieved much of his success with cheaply-bought ‘castoffs’ from other stables, which he often improved out of all recognition.
Horse racing offers a plethora of different types of bet, ranging from the simple to the fiercely complex. The simplest bet is a straight win single, where you place a bet on a horse to finish first in a race; if it does, you win and, if not, you lose. Slightly more complex is a win and place, or each-way, bet, where you place a bet on a horse either to win or to finish placed, according to the ‘place terms’ of the race in question. An each-way bet is effectively two bets in one, so requires double the stake of a straight win single. The place portion of the bet is paid out at a fraction of the win odds, typically 1/5 or 1/4, if your selection finishes in the first two, three or four places, depending on the type of race and the number of runners.