Online Horse Racing
Horse racing in the United States and on the North American continent dates back to 1665. This first horse racing meet in North America was supervised by New York's colonial governor, Richard Nicolls. The area is now occupied by the present Nassau County, New York, region of Greater Westbury and East Garden City.
In the modern era of horse racing in the United States, the horse racing calendar is made up of five distinct races.
The Kentucky Derby at Churchill Downs in Louisville, Kentucky is held on the first Saturday in May each year. The Kentucky Derby is also known as the “Run for the Roses” and prior to 2017 was the first major horse racing event each year.
The Preakness Stakes at Pimlico racetrack in Baltimore, Maryland is generally run two or three weeks after the Kentucky Derby.
The Belmont Stakes at Belmont Park in Elmont, New York is run three weeks after the Preakness Stakes and the final event of the series.
The Triple Crown is made up of the Kentucky Derby, Preakness Stakes and Belmont Stakes. If a thoroughbred race horse can win all three races they become a Triple Crown Champion which is the toughest feat to accomplish in all of horse racing.
The Breeders’ Cup is the richest weekend of horse racing in which horses from around the world try to qualify for the event, participating in Breeders’ Cup Qualifying Races. The location for the Breeders’ Cup event moves to different race tracks and is not fixed to one location although Santa Anita Park has hosted the event more times than any other horse racing track.
Pegasus World Cup Invitational
The Pegasus World Cup Invitational will be held for the first time on January 28th, 2017 at Gulfstream Park. The Pegasus World Cup will feature the single richest horse race in the world, offering a 12 Million Dollar purse for the winner in an effort to attract the very best horses in the world for a single horse racing event.
Advanced Deposit Wagering
Advanced Deposit Wagering is a form of gambling on the outcome of horse races in which the bettor must fund his or her account before being allowed to place bets. ADW is often conducted online or by phone. In contrast to ADW, credit shops allow wagers without advance funding; accounts are settled at month-end. Racetrack owners, horse trainers and state governments sometimes receive a cut of ADW revenues.
In the United States, Thoroughbred flat races are run on surfaces of either dirt, synthetic or turf. Other tracks offer Quarter Horse racing and Standardbred horse racing, or combinations of these three types of racing surfaces. Racing of other breeds, such as Arabian horse racing, is found on a limited basis. American Thoroughbred races are run at a wide variety of distances, most commonly from 5 to 12 furlongs; with this in mind, breeders of Thoroughbred race horses attempt to breed horses that excel at a particular distance.
American betting on horse racing is sanctioned and regulated by the state where the race is located. Simulcast betting exists across state lines with minimal oversight except the companies involved through legalized parimutuel gambling. A takeout, or "take", is removed from each betting pool and distributed according to state law, among the state, race track and horsemen. A variety of factors affect takeout, namely location and the type of wager that is placed. One form of parimutuel gaming is Instant Racing, in which players bet on video replays of races.