An equestrian sport, horse racing has existed for centuries. Looking at the history books, we can safely say that horse racing originated in ancient Egypt, Syria, Babylon, and Greece. In fact, both mounted and chariot horse racing were part of the ancient Greek Olympics. Also, mounted and chariot horse racing were major industries in the time of the Roman Empire. Thanks to its popularity with the British aristocrats and member of royalty, horse racing is often referred to as the “Sport of Kings”.
Thoroughbred Horse Racing
A form of horse racing which has grown increasingly popular today is thoroughbred racing. Apart from being interesting to watch, this form of horse racing also has an economic importance attached to it. This is due to the ‘gambling’ associated with the sport. In 2008 alone, thoroughbred racing activities generated about US$115 billion, or AUD$155 billion.
In case you didn’t know that already, thoroughbred racing is horse racing event that involves thoroughbred horses. Different national bodies govern thoroughbred racing, and the sport is divided into two forms: jump racing and flat racing. Jump racing is further divided into steeple chasing and hurdling. The gambling associated with thoroughbred racing is the reason most people follow the sport. In fact, betting on the horses is one of the favorite hobbies of the rich and famous.
In the past, only popular people could bet on thoroughbred horses. However, things have changed since then. Today, you can bet on your favorite horses even if you’re not worth that much. This is mainly due to the online betting sites that have popped up in the past decade or so. Apart from making it possible for people with a low net worth to bet on thoroughbred horses, the betting sites make betting convenient. Thanks to the betting sites, you can bet on your favourite thoroughbred horse without being physically present at the track. Thus, contrary to popular belief, betting on thoroughbred horses is easy.
With the advent of the online betting sites, you can now place your bet, wait for the results, and pocket some money no matter where you are in the world. If you want to profit from thoroughbred racing, you need to ensure that the online betting site you choose is a reputed one. Also, make sure that you choose a betting site that allows you to bet on multiple thoroughbred racing events. Before you start betting on thoroughbred horses, you need to ensure a few things.
First of all, you must know your track. This means that you must know the ins and outs of any track that you’re going to bet on. Find out about the top trainers and jockeys and keep up to date with current trends. Secondly, and most importantly, you must know your tote board. This means that if the tote board gives a horse a 2/1 odd, and you think the horse is worth 4/1, then you should avoid betting on the horse. On the other hand, if you think a horse is worth 4/1, and the tote board gives it odds of 8/1, then you shouldn’t think twice about placing a bet.