Horse racing is one of the most exciting and oldest sports in the world. It is one that some believe can be traced back to chariot racing seen in ancient Greece. The U.K claims that it originated from knights returning with noble Arab horses from the crusades and that horse racing started under the reign of Charles II, becoming a professional sport in the 18th century. The timeline for horse racing in the UK started around 1660 when King Charles II raced two horses against each other on a private course, and that led to the opening of Newmarket.
Evolution of Horse Racing
Horse racing further evolved under Queen Anne in 1702 to 1714 when the two-horse races started involving several horses and the well-attended races allowed spectators to place bets, Ascot racecourse was also founded in 1711 by the Queen. By 1750 a jockey club was established by Newmarket, and the first General Stud Book was published in 1791 by James Weatherby, who used it to record every race horse’s pedigree.
The Tote established in 1928 to offer pool betting on horse races, while newspapers and television hugely increase the popularity of horse racing during the 1950s to 1960s, and betting shops was legalised shortly after in 1961, leading to 10,000 betting shops opening in the UK within the first six months.
Betting Shops and Online Horse Race Betting
With horseracing becoming the second most-enjoyed sport to watch via television, only second to football it was only a matter of time before more betting options would become available and by 2000 the first online betting shop opened. This provided horse-racing enthusiast from around the world the opportunity to become part of the racing action, which at the same time made online betting on horse racing one of the most popular sports betting options.
Online Betting on Horse Racing Strategies
Horse racing enthusiasts have hundreds of different bets to choose from which includes win bets, each-way bets, forecast bets, tricast bets, accumulator bets and Trixie bets. Experienced punters use a variety of horse racing betting strategies and take into consideration the form of the horse, the racing distance, track surface, trainer, the jockey and his weight.
Popular Horse Races
Horse racing is one of the most supported sports, and millions partake by placing bets all year round, yet the most popular races include the Grand National watched by well over 500 million people across 140 countries, while the Cheltenham Festival is visited yearly by over 200,000 racing enthusiasts. The richest horse race was the Dubai World Cup, and it carries since 2010 a prize purse of $10 million, yet it was surpassed in 2017 by the Pegasus World Cup, which remains the most popular with punters since 1996. Thousands of online sportsbooks accept betting on hundreds of different sports events, yet one of the most popular betting options remain online betting on horse racing.