Club horse racing reappeared on a small scale in the 1990s. In 2008, the China Speed Horse Race Open in Wuhan was organized as the qualification round for the speed horse race event at the National Games the next year, but was also seen by commentators as a step towards legalizing both horse racing and gambling on the races. The Wuhan Racecourse was the only racecourse that organized races in China. In 2014, the Wuhan Jockey Club organized more than 80 races. Almost all Chinese trainers and jockeys stabled in Wuhan. However, with the demise of the event at the National Games and the government not relenting from the ban on commercial racing, various racecourses built in recent years are all in a state of disuse: The Nanjing Racecourse, which previously hosted National Games equestrian events, is now used as a car park; the Beijing Jockey Club was shut down in 2008. The racecourse in Inner Mongolia has not been active after 2012.
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Horse Racing and Football are the most popular sports for betting in the UK but we also cover betting tips for you accross 18+ other sports. Our Tennis betting tips and Golf Betting tips are the next most popular tips. We also provide free betting tips on Rugby League, Rugby Union, Cricket, American Football, Baseball, Basketball, Ice Hockey, Snooker, Motor Racing, Darts, Boxing, Esports, Volleyball, Handball and Greyhounds.
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Horse racing in India is over 200 years old, making India quite possibly the oldest racing jurisdiction in Asia where racing was conducted under rules. India's first racecourse was set up in Madras in 1777. Today India has a very well established racing and breeding industry, and the sport is conducted on nine racetracks by seven racing authorities.
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In France the first documented horse race was held in 1651 as the result of a wager between two noblemen. During the reign of Louis XIV (1643–1715), racing based on gambling was prevalent. Louis XVI (reigned 1774–93) organized a jockey club and established rules of racing by royal decree that included requiring certificates of origin for horses and imposing extra weight on foreign horses.
Here is what a professional baseball bettor might do in his head. After looking over statistics from MLB (kept religiously by all sorts of bloggers, data archives, and magazines) between the years 2000-2010, he notices a particular statistic pop out. For example: when the home team starts a left-handed pitcher the day after a loss, that team wins 59% of the time. Good sports bettors can do this sort of math in their head or very quickly on paper. From that bit of information comes a new betting theory—look for game situations that mirror the above example and bet on them. That means he’ll only bet games where the home team starts a left-handed pitcher the day after a loss. Does he just jump in and start betting based on this back of the napkin math? No way. More statistical analysis is required—he may find that this was a fluke for that particular decade and isn’t a trustworthy statistics, or he may find an even more advantageous bet based on his original theory.
Notable racehorses from New Zealand include Cardigan Bay, Carbine, Nightmarch, Sunline, Desert Gold and Rising Fast. Phar Lap and Tulloch were both bred in New Zealand but did not race there. The most famous of these is probably Cardigan Bay. Stanley Dancer drove the New Zealand bred horse, Cardigan Bay to win $1 million in stakes in 1968, the first harness horse to surpass that milestone in American history.
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The same historical progression was followed for wagers, with the bets in early (two-horse) races being simply to win and modern bets being placed on the first three horses (win, place, and show). From private bets, wagering was extended in the 19th century to bookmaking (a bookmaker is a professional bet accepter who tries to set his odds so that a percentage is working in his favour). Later in that century, betting was taken over worldwide by the racetrack managements in the form of the pari-mutuel. This is a common betting pool in which those who bet horses finishing in the first three places share the total amount bet minus a percentage for the management. The pari-mutuel was perfected with the introduction in the 20th century of the totalizator, a machine that mechanically records bets and can provide an almost instant reflection of betting in all pools. It displays the approximate odds to win on each horse and the total amount of wagering on each horse in each of various betting pools. The customary pools are win, place, and show, and there are such specialty wagers as the daily double (winners of the first two races), perfecta (win and place winners in order in one race), quiniela (as in the perfecta but not in order), and trifecta (win, place, and show winners in order in one race). Other specialty wagers, sometimes offering extremely high payouts, require the bettor to select multiple trifectas, the winners of several races, or the first four horses in one race.
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Before committing any real money, the researchers tested the idea on 10 years of historical data on the closing odds and results of 479,440 soccer games played between 2005 and 2015. This simulation paid out 44 percent of the time and delivered a yield of 3.5 percent over the 10-year period. “For an imaginary stake of $50 per bet, this corresponds to an equivalent profit of $98,865 across 56,435 bets,” they say.
Benter had been enraptured by Beat the Dealer, a 1962 book by math professor Edward Thorp that describes how to overcome the house’s advantage in blackjack. Thorp is credited with inventing the system known as card counting: Keep track of the number of high cards dealt, then bet big when it’s likely that high cards are about to fall. It takes concentration, and lots of hands, to turn a tiny advantage into a profit, but it works.
Twice a week, on race days, Benter would sit at the computer and Woods would study the racing form. Early on, the betting program Benter had written spat out bizarre predictions, and Woods, with his yearlong head start studying the Hong Kong tracks, would correct them. They used a telephone account at the Jockey Club to call in their bets and watched the races on TV. When they won, there were satisfied smiles only. They were professionals; cheering and hooting were for rubes.
If you place two $100 bets, and you win, you’ll collect $440. You should consider leaving a tip around five percent of your winnings. Yes, that’s a $22 tip, but you just made a huge win, and surely you can spring for a twenty-spot for the guy who helped you win it. If you tip around the five percent mark regularly, when you win, you’re way more likely to get free drinks, which is about all you’re going to get comp-wise at the sportsbook.
Individual flat races are run over distances ranging from 440 yards (400 m) up to two and a half miles (4 km), with distances between five and twelve furlongs being most common. Short races are generally referred to as "sprints", while longer races are known as "routes" in the United States or "staying races" in Europe. Although fast acceleration ("a turn of foot") is usually required to win either type of race, in general sprints are seen as a test of speed, while long distance races are seen as a test of stamina. The most prestigious flat races in the world, such as the Prix de l'Arc de Triomphe, Melbourne Cup, Japan Cup, Epsom Derby, Kentucky Derby and Dubai World Cup, are run over distances in the middle of this range and are seen as tests of both speed and stamina to some extent.