Historically, Italy has been one of the leading European horse racing nations, albeit some respects behind Great Britain, Ireland and France in size and prestige. The late Italian horse breeder Federico Tesio was particularly notable. In recent years, however, the sport in the country has suffered a major funding crisis, culminating in its expulsion from the European Pattern.
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Benter’s model required his undivided attention. It monitored only about 20 inputs—just a fraction of the infinite factors that influence a horse’s performance, from wind speed to what it ate for breakfast. In pursuit of mathematical perfection, he became convinced that horses raced differently according to temperature, and when he learned that British meteorologists kept an archive of Hong Kong weather data in southwest England, he traveled there by plane and rail. A bemused archivist led him to a dusty library basement, where Benter copied years of figures into his notebook. When he got back to Hong Kong, he entered the data into his computers—and found it had no effect whatsoever on race outcomes. Such was the scientific process.
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Something that is absolutely key to success in sports betting is accepting the realities of what sports betting is and what the possible outcomes are and one of those is that you will have losses. Once you have accepted that losses are a part of betting it frees your mind, reduces the tension, and helps to manage your emotions. You cannot be at your best while you are always tense from trying to resist losing, and interestingly sometimes the more you try and avoid something the more you are drawn towards it ? have you ever had one of those awkward moments when you have caught the eye of a stranger walking towards you and ended up doing a side-to-side dance with each other?
In 2009, animal rights group PETA released undercover video of alleged abuses of former race horses at a slaughterhouse in Kumamoto, Japan. The group stated that "as many as 20,000" horses, including former Thoroughbred race horses, were killed in 2008 in Japan for use as human and pet food (the official figure for 2008 was 15,003 horses). Based on findings of 2009 and fate of 1986 Kentucky Derby Winner Ferdinand, PETA has called ban for exporting race horses to Japan, even though the amount of young horses exported to Japan for racing purposes is insignificant compared to the overall amount and only adult horses exported to Japan are breeding stock.
For a heavily favored team, say the Boston Red Sox putting their best pitcher against a weak opponent with a poor pitcher, that could involve putting up $350 of you own money to win just $100, a wager that would be listed in sports books as minus-350. Big underdogs pay off well, but only if that team wins the game. A bet on a team with a money line of plus-410 would give you a $410 profit on a $100 bet.
Bill Walters used to be a professional poker player before using his skills as a professional sports punter instead. Over nearly four decades, Walters has bet more money than anyone else in history and continued a winning streak that has earned him hundreds of millions of dollars. He’s living proof that sport betting is a game of skill. Like poker, Walters explains that winning sports punters have to analyze information then calculate risk and potential profits. In an interview with CBS News, Walters described his biggest and most audacious bet of all time. The New Orleans Saints were playing the Indianapolis Colts at the Super Bowl in 2010 and the consensus was that New Orleans were the underdogs. Walters analyzed all the information he had and discovered that it actually favored New Orleans as the most likely winners. He looked at the odds, calculated the risk and potential profit then decided to bet big. Walters bet $3.5 million on the supposed underdogs and New Orleans didn’t let him down. They defeated the colts 31–17 to win their first ever Super Bowl.
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By the mid-18th century the demand for more public racing had produced open events with larger fields of runners. Eligibility rules were developed based on the age, sex, birthplace, and previous performance of horses and the qualifications of riders. Races were created in which owners were the riders (gentlemen riders), in which the field was restricted geographically to a township or county, and in which only horses that had not won more than a certain amount were entered. An act of the British Parliament of 1740 provided that horses entered had to be the bona fide property of the owners, thus preventing “ringers,” a superior horse entered fraudulently against inferior horses; horses had to be certified as to age; and there were penalties for rough riding.
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Horse racing, sport of running horses at speed, mainly Thoroughbreds with a rider astride or Standardbreds with the horse pulling a conveyance with a driver. These two kinds of racing are called racing on the flat and harness racing, respectively. Some races on the flat—such as steeplechase, point-to-point, and hurdle races—involve jumping. This article is confined to Thoroughbred horse racing on the flat without jumps. Racing on the flat with horses other than Thoroughbreds is described in the article quarter-horse racing.
Flat racing is the most common form of racing seen worldwide. Flat racing tracks are typically oval in shape and are generally level, although in Great Britain and Ireland there is much greater variation, including figure of eight tracks like Windsor and tracks with often severe gradients and changes of camber, such as Epsom Racecourse. Track surfaces vary, with turf most common in Europe, dirt more common in North America and Asia, and newly designed synthetic surfaces, such as Polytrack or Tapeta, seen at some tracks.