In Pictures: Place your bets... Ascot hats always a winner for the Queen

PA

The betting at Royal Ascot flows thick and fast, but it's not just the horses that catch the punters' eyes - there's a fierce market in what colour the Queen's hat will be.

While the bookies have run bets on the Queen's colour choice throughout the annual race meet, it's Ladies' Day when the speculation really hots up.

This year, the Queen opted for a pink hat by Rachel Trevor-Morgan:

The Queen
The Queen

Here's what the lucky winners backed in previous years:

A tote on the colour of the Queen's hat
A tote on the colour of the Queen's hat
Queen at Royal Ascot 2017
Queen at Royal Ascot 2017
Queen at Royal Ascot in 2016
Queen at Royal Ascot in 2016
The Queen at Royal Ascot
The Queen at Royal Ascot
The Queen at Royal Ascot 2013
The Queen at Royal Ascot 2013
Queen at Ascot in 2012
Queen at Ascot in 2012
The Queen at Ascot 2011
The Queen at Ascot 2011
The Queen at Royal Ascot 2010
The Queen at Royal Ascot 2010
The Queen at Royal Ascot 2009
The Queen at Royal Ascot 2009
The Queen at Royal Ascot 2008
The Queen at Royal Ascot 2008
The Queen at Royal Ascot 2006
The Queen at Royal Ascot 2006
The Queen in 2004
The Queen in 2004
The Queen at Royal Ascot in 2003
The Queen at Royal Ascot in 2003
The Queen at Ascot in 1999
The Queen at Ascot in 1999
The Queen in 1998
The Queen in 1998