All horse racing on the flat except quarter-horse racing involves Thoroughbred horses. Thoroughbreds evolved from a mixture of Arab, Turk, and Barb horses with native English stock. Private studbooks had existed from the early 17th century, but they were not invariably reliable. In 1791 Weatherby published An Introduction to a General Stud Book, the pedigrees being based on earlier Racing Calendars and sales papers. After a few years of revision, it was updated annually. All Thoroughbreds are said to descend from three “Oriental” stallions (the Darley Arabian, the Godolphin Barb, and the Byerly Turk, all brought to Great Britain, 1690–1730) and from 43 “royal” mares (those imported by Charles II). The preeminence of English racing and hence of the General Stud Book from 1791 provided a standard for judging a horse’s breeding (and thereby, at least to some degree, its racing qualities). In France the Stud Book Française (beginning in 1838) originally included two classifications: Orientale (Arab, Turk, and Barb) and Anglais (mixtures according to the English pattern), but these were later reduced to one class, chevaux de pur sang Anglais (“horses of pure English blood”). The American Stud Book dates from 1897 and includes foals from Canada, Puerto Rico, and parts of Mexico, as well as from the United States.
This is one of the places gamblers can get crazy. To boost the payoff on a bet, gamblers can string together a series of bets on multiple games, or multiple bets within the same game. This is called a parlay. It is a way to potentially win a lot of money for a small bet. But these bets are frequently losers. They are among the highest earning bets for sports books, because, as is the case with teasers, every one of the bets in a parlay has to win, or else the whole ticket is a loser.
This is the vigorish, also known commonly as the “vig” or the “juice” — the bookmaker’s cut of the action. Oddsmakers try to set betting lines as precisely as possible to attract an equal amount wagered on each team involved in a particular game. They use money from losing bets to pay off people who make winning bets, while keeping a percentage for themselves. That percentage varies, but usually is around 10 percent, so that a successful $25 bet would earn you a $22.50 profit.
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The length of an endurance race varies greatly. Some are very short, only ten miles, while others can be up to one hundred miles. There are a few races that are even longer than one hundred miles and last multiple days. These different lengths of races are divided into five categories: pleasure rides (10–20 miles), non-competitive trail rides (21–27 miles), competitive trail rides (20–45 miles), progressive trail rides (25–60 miles), and endurance rides (40–100 miles in one day, up to 250 miles (400 km) in multiple days). Because each race is very long, trails of natural terrain are generally used.
The biggest difference between placing a legal sports bet with a casino or racetrack or their online affiliates and placing one with an illegal bookmaker or “bookie” is that with legal betting, you have to put your own money up first. Illegal bookies will let you bet on credit, the most appealing aspect of their illicit business and one that is expected to allow them to continue to operate, and perhaps still thrive, in the brave new world of sports betting.
Hong Kong racing uses a parimutuel (also known as “totalizer”) system. Unlike odds in a Vegas sportsbook, which are set in advance and give a decisive edge to the house, parimutuel odds are updated fluidly, in proportion to how bettors wager. Winners split the pool, and the house skims a commission of about 17 percent. (After costs, the Jockey Club’s take goes to charity and the state, providing as much as a tenth of Hong Kong’s tax revenue.) To make money, Benter would have to do more than pick winners: He needed to make bets with a profit margin greater than the club’s 17 percent cut.
Mick Gibbs is a roofer by profession, constructing and repairing roofs across Staffordshire in England. That’s not his only skill however. Gibbs also has an eye for winning accumulator bets. His first big win came in 1999 when he bet £2.50 and correctly predicted nine football games across Europe. That earned him £157,000. That’s small change compared to his next big win however. In 2001, Gibbs bet 30 pence to predict the winners of 15 football games across Europe and was given odds of 1,666,666. The first 14 games went exactly as Gibbs predicted so everything now depended on a Champions League match in which Bayern Munich would need to beat Valencia. The game ended in penalties. The last kick of the game was from Valencia defender Mauricio Pellegrino, but the moment the ball landed in the hands of Bayern Munich’s goalkeeper, Gibbs was £500,000 richer. Not bad for a 30 pence stake.
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Woods left the bulk of his estate to his two children in Australia and gave token sums to various ex-girlfriends, including a Filipina who said he’d fathered her child. A wake was held in a bar at the Happy Valley racetrack and attended by an eclectic crowd of gamblers and hustlers. To the last, Woods never believed that Benter had won the 2001 Triple Trio and given up the jackpot.
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When Quarter Horse racing began, it was very expensive to lay a full mile of track so it was agreed that a straight track of four hundred meters, or one quarter of a mile, would be laid instead. It became the standard racing distance for Quarter Horses and inspired their name. With the exception of the longer, 870-yard (800 m) distance contests, Quarter Horse races are run flat out, with the horses running at top speed for the duration. There is less jockeying for position, as turns are rare, and many races end with several contestants grouped together at the wire. The track surface is similar to that of Thoroughbred racing and usually consists of dirt.
It was then, in November 2001, that he decided to have a final punt on the Triple Trio. Benter had avoided major prizes since 1997 for fear of angering the Jockey Club’s management, but this jackpot was too big to resist. Wagering on it was something of a lark, albeit an expensive one: He spent HK$1.6 million on the 51,000 combinations. If he won, he decided, he would leave the tickets unclaimed. Club policy in such cases directed the money to a charitable trust.
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Another form of futures betting involves the over/under on the number of games a particular team will win in the regular season. This type of wager is typically found on pro football and major league baseball, and sometimes on pro basketball. For example, the over/under on the Yankees may be 93 wins. If the Yankees go on to win 94 or more games, the "over" is a winner. If they win 92 or fewer games, the "under" is a winner. If they win exactly 93, the bet is a push and tickets are refunded.
Stephen Foster Handicap Night - Pavel was a mild upset winner in the 2018 Stephen Foster (G1) at Churchill Downs by 3 3/4 lengths over Honorable Duty and Matrooh. Also on the card were the Fleur de Lis (G2) won by Blue Prize, the Matt Winn (G3) won by King Zachary, the Regret (G3) won by Beyond Blame, and the Wise Dan (G2) won by Mr. Misunderstood. Get the results, charts, and photos here.
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The conditioning program for the different horses varies depending on the race length. Genetics, training, age, and skeletal soundness are all factors that contribute to a horse's performance. The muscle structure and fiber type of horses depends on the breed; therefore, genetics must be considered when constructing a conditioning plan. A horse's fitness plan must be coordinated properly in order to prevent injury or lameness. If these are to occur, they may negatively affect a horse's willingness to learn. Sprinting exercises are appropriate for training two-year-old racehorses, but the number is limited by psychological factors as well as physical. A horse's skeletal system adapts to the exercise it receives. Because the skeletal system does not reach full maturity until the horse is at least four years of age, young racehorses often suffer injuries.