Japan's top stakes races are run in the spring, autumn, and winter. These include the country's most prominent race - the Grade 1 Japan Cup, a 2,400 m (about 1½ mile) invitational turf race run every November at Tokyo Racecourse for a purse of ¥476 million (about US$5.6 million), currently the richest turf race in the world. Other noted stakes races include the February Stakes, Takamatsunomiya Kinen, Yasuda Kinen, Takarazuka Kinen, Arima Kinen, and the Tenno Sho races run in the spring and fall. Japan's top jump race is the Nakayama Grand Jump, run every April at Nakayama Racecourse.
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When a bookie sets odds for games, he will build what bookies call an “over round” into his set of odds. Another slang term used for this formula is “the juice.” For the sake of simplicity, let’s look at a boxing match where both contenders are equally talented, of equal stature, etc. Since they both have an equal chance of winning, a casual bet may be even money. You put $20 on one guy; your friend puts $20 on the other. Whichever fighter wins awards the bettor with the total of $40.
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Across the road from Happy Valley, 27 floors up, two Americans sat in a plush office, ignoring a live feed of the action that played mutely on a TV screen. The only sound was the hum of a dozen computers. Bill Benter and an associate named Paul Coladonato had their eyes fixed on a bank of three monitors, which displayed a matrix of bets their algorithm had made on the race—51,381 in all.
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Jump (or jumps) racing in Great Britain and Ireland is known as National Hunt racing (although, confusingly, National Hunt racing also includes flat races taking place at jumps meetings; these are known as National Hunt flat races). Jump racing can be subdivided into steeplechasing and hurdling, according to the type and size of obstacles being jumped. The word "steeplechasing" can also refer collectively to any type of jump race in certain racing jurisdictions, particularly in the United States.
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