Throughout the centuries, there has perhaps never been a sport as exciting for people all over the world than horse racing. The locale might have gone from the Norse mythology to Rome’s Circus Maximus, and to modern-day racetracks, but the blood rush that people watching live horse races feel always gives way to an exhilarating feeling that keeps them going back to watch more races. No doubt about it, wherever you are in the world, you cannot find anything that’s more entertaining than horse racing. Part of the fun is the wagering involved in most horse races today. However, even if you do not bet, Betfair horse racing can be exciting.
Horse racing traces its roots down to Greece. In these races, mounted horses and chariots often participated. Horse breeding and racing in this part of the world died down with the fall of the Roman Empire. Eventually, horse racing was revived in the 1100s when English king Henry I took an interest in breeding and training horses from an Arabian stallion line. Purebred mounts soon raced at the Smithfield Track in London, the first racetrack ever to be built after the fall of the Roman Empire. Even English fairs took interest in featuring horse races. Due to its roots, horse racing has been accorded the label the “Sport of Kings.”
In the mid-1600s, the first American racetrack was built in Long Island, New York. The new racetrack, the Newmarket, was where the earliest North American horse races were held. More and more purebred British mares and stallions were sought after by Americans for breeding and training horseracing steeds. The horse racing enthusiasts soon organized themselves and formed clubs to standardize horse breeding, training, and racing practices. The sport of horse racing enjoyed great funding from various sources. Patrons have likewise made money out of the sport through betting. The need for ethical standards in horse racing to be standardized gave rise to the formation of the American Jockey Club in the late 19th century. The responsibility for maintaining the American Stud Book, the rule book for horse racing all over the United States, was soon taken over by the American Jockey Club. The Thoroughbred Racing Associations of the United States in Chicago was later on established.
There is nothing more entertaining for horse racing enthusiasts than watching live horse races. Being one with other fellow horse racing fans standing along the racetracks’ sidelines to feel the horses rush by is a feeling that cannot be equaled. Add betting successfully and you have something that is even more enjoyable. Understanding the game first before you go on betting on your choice of horses could help you plan out your bets.
There are different types of races you can bet on. Your choice of races and horses to bet on would differ depending on how much money you would like to bet and what kind of odds you are willing to risk. Horse race gambling rules are also varied from state to state. Horse race betting involves what is called as parimutuel betting. This basically entails pooling the bets together and then dividing the money among the winners after the appropriate taxes and racetrack expenses have been deducted from it. Such betting in thoroughbred horse racing made the sport flourish. In the United States, horse racing enthusiasts get all fired up in betting in the Triple Crown races composed of the three top horse races – the Kentucky Derby, the Belmont Stakes, and the Preakness.










