Horse racing is one of the oldest of all sports, and its basic concept has undergone virtually no change over the centuries. It developed from a primitive contest of speed or stamina between two horses into a spectacle involving large fields of runners, sophisticated electronic monitoring equipment, and immense sums of money, but its essential feature has always been the same: the horse that finishes first is the winner. In the modern era, horse racing developed from a diversion of the leisure class into a huge public-entertainment business. By the first decades of the 21st century, however, the sport’s popularity had shrunk considerably.
The club had come to see the syndicates’ success as a headache. There was no law against what they were doing, but in a parimutuel gambling system, every dollar they won was a dollar lost by someone else. If the everyday punters at Happy Valley and Sha Tin ever found out that foreign computer nerds were siphoning millions from the pools, they might stop playing entirely.

Woods knew there were giant horse-betting pools to tap in Asia—and that the biggest of all was run by the Hong Kong Jockey Club. Begun in 1884 as a refuge for upper-crust Brits who wanted a stretch of England’s green and pleasant land in their subtropical colony, the club changed over time into a state gambling monopoly. Its two courses, Happy Valley and Sha Tin, were packed twice a week during a racing season that extended from September to July. Hong Kong’s population was then only about 5.5 million, but it bet more on horses than the entire U.S., reaching about $10 billion annually by the 1990s.


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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. 

Not wishing to blow this chance of a windfall – those stats you read about how little the average author earns are bang on – I placed the bet on what I thought was a cert: my team, Aston Villa, of the Premier League, to beat Blackpool, then in meltdown in the division below, in the FA Cup at odds of 4/9. Typical Villa left it late, nabbing the winner in the 88th minute. But a win’s a win.

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Developing a strategy is crucial. But researching the value in your strategy is very time-consuming. You should only be betting on games where you see true value in your strategy and not betting in bulk. For example, let’s say that you saw a trend that shows betting on reverse line moves for home teams. This trend has been winning 65% of the time over the past month so you decide you will only bet games that fit this profile. Finding games like this at the right line is no easy task. Even using a system like Sports Insights that alerts reverse line moves, you have to pay attention and find the best line that reflects the reverse line move. You also have to be sure that it is in favor of the home team. If the line has already moved then it likely doesn’t make sense to take the home team in this situation.

So how difficult is sports betting math? The math behind placing a winning bet is fairly complicated, but the way to stay ahead of the bookmaker is rather straightforward. If you collect on 52.4% of your bets, you’ll break even. We’ll have more details on that number later, including why it takes more than 50% wins to break even, but first some general knowledge about sports gambling and the numbers behind it.
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Eight minutes to starting pistol. Benter grabbed a pile of 80-odd printed tickets and a club-issued credit voucher worth HK$1 million and bolted for the door. Across from the hotel was an off-track betting shop. It was loud and smoky inside, and he found an automated betting terminal free at one side of the room. Two minutes to go. He started feeding in tickets, one after another after another, until the screen flashed a message: “Betting closed.”
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Japan has two governing bodies that control its horseracing - the Japan Racing Association (JRA), and National Association of Racing (NAR). Between them they conduct more than 21,000 horse races a year. The JRA is responsible for 'Chuo Keiba' (meaning 'central horse racing'), taking place on the ten main Japanese tracks. The NAR, meanwhile, is responsible for 'Chihou Keiba' (meaning 'local horse racing'). Racing in Japan is mainly flat racing, but Japan also has jump racing and a sled-pulling race known as Ban'ei (also called Draft Racing).
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The ancestors of the Quarter Horse were prevalent in America in the early 17th century. These horses were a blend of Colonial Spanish horses crossed with English horses that were brought over in the 1700s. The native horse and the English horse were bred together, resulting in a compact, muscular horse. At this time, they were mainly used for chores such as plowing and cattle work. The American Quarter Horse was not recognized as an official breed until the formation of the American Quarter Horse Association in 1940.[23]

Our tips are the work of the dedicated members of the bettingexpert community. Our community members are some of the sharpest and most knowledgeable punters you'll find in online betting. You'll never cease to be amazed by their breadth of insight. With experts posting tips on the biggest sporting leagues in the world, you'll likewise discover experts with deep insights into lesser known leagues and tournaments, helping you turn a profit and enhance your betting balance.


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Expected value is a term professional gamblers use on a regular basis. To explain what it means in simple terms I’ll use an example. Let’s say me and you decided to have a coin flipping contest. We flip coins and you give me $1 for each outcome of heads; I give you $1 for each outcome of tails. We could flip coins for all eternity and neither of us will ever have an advantage because on average half the time we lose $1 half the time we win $1. While there will be swings back and forth, as long as we flip the coin enough times eventually we’ll both break even. This particular bet has neutral expected value.
Rather than just looking at the last few wins or how many goals are being scored, we take a more intricate approach to make sure we can cover those minute details. In a world of such incredible odds and chance such as sport, it pays to look into even the most miniscule and ridiculous of opportunities. We look to provide something that is a bit more in-depth than you might be used to when looking at betting tips. Whether the pitch will be a leveller or an outlier will be something we look to determine, as well as looking into everything from soap opera drama at club HQ or transfer rumours causing unsettling amongst the camp. Whatever the cause or concern is, we’ll analyse it to make sure the tips we offer are both great value for money, but also researched enough to be a viable opportunity.
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Almost no one expected the Miami Dolphins to beat the Patriots on Dec. 9, a game in which New England was favored by 7 1/2 points. But an improvisational pass and running sequence that saw Miami players toss the ball to one another en route to the goal line led to a game winning touchdown as time expired. It happens, folks, a lot more than one might think.

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Thoroughbred horse racing came to China with British settlements in the middle 1800s and most notably centered around the treaty ports, including the two major race courses in Shanghai, the Shanghai Racecourse and the International Recreation Grounds (in Kiang-wan), and the racecourses of Tianjin. The Kiang-wan racecourse was destroyed in the lead-up to the Second Sino-Japanese War and the Shanghai Race Club closed in 1954. The former Shanghai Racecourse is now People's Square and People's Park and the former club building was the Shanghai Art Museum.

Ireland has a rich history of horse racing; point to pointing originated there, and even today, jump racing is more popular than racing on the flat. As a result, every year Irish horse racing fans travel in huge numbers to the highlight event of the National Hunt calendar, the Cheltenham Festival, and in recent years Irish owned or bred horses have dominated the event.[citation needed] Ireland has a thriving Thoroughbred breeding industry, stimulated by favourable tax treatment. The world's largest Thoroughbred stud farm, Coolmore Stud, has its main site there (in addition to major operations in the U.S. and Australia).

Horse racing in Great Britain is predominantly thoroughbred flat and jumps racing. It was in Great Britain in the 17th to 19th centuries that many of the sport's rules and regulations were established. Named after Edward Smith-Stanley, 12th Earl of Derby, The Derby was first run in 1780. The race serves as the middle leg of the British Triple Crown, preceded by the 2000 Guineas and followed by the St Leger. The name "Derby" has since become synonymous with great races all over the world, and as such has been borrowed many times in races abroad.[39]
Horse racing in the United States and on the North American continent dates back to 1665, which saw the establishment of the Newmarket course in Salisbury, New York, a section of what is now known as the Hempstead Plains of Long Island, New York.[30] This first 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. The South Westbury section is still known as Salisbury.
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