One of the principal forms of horse racing, which is popular in many parts of the world, is Thoroughbred racing. Harness racing is also popular in the eastern United States and more popular than Thoroughbred racing in Canada and parts of Europe.

History

Horse racing in the United States and on the North American continent dates back to the establishment of another course named Newmarket -- on the Salisbury Plains section of what is now known as the Hempstead Plains of Long Island, New York in 1665. 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 also (appropriately) known as Salisbury.

Types of racing

The style of racing, the distances and the type of events varies very much by the country in which the race is occurring, and many countries offer different types of horse races.

In the United States, races can occur on flat surfaces of either dirt, polytrack, or grass, generally Thoroughbred racing; other tracks offer Quarter Horse racing and harness racing, or combinations of these three types of racing. Racing with other breeds, such as Arabian horse racing, is found on a limited basis. American Thoroughbred races are run at a wide variety of distances, most commonly from 5 furlongs to 1½ miles (2414 m); with this in mind, breeders of Thoroughbred race horses attempt to breed horses that excel at a particular distance (see Dosage Index).

Important races

The high point of US horse racing has traditionally been the Kentucky Derby which, together with the Preakness Stakes and the Belmont Stakes, form the Triple Crown of Thoroughbred Racing for three-year-olds. However, in recent years the Breeders' Cup races, held at the end of the year, have been challenging the Triple Crown events, held early in the year, as determiners of the three-year-old Champion. The Breeders' Cup is held at a different track every year; the most recent edition (2007) was held at Monmouth Park. It also has an important effect on the selection of other annual Champions. The corresponding Standardbred event is the Breeders' Crown. There are also a Triple Crown of Harness Racing for Pacers and a Triple Crown of Harness Racing for Trotters.

Betting

American betting on horse racing is sanctioned and regulated by state governments, almost always through legalized pari-mutuel gambling.

Quarter Horse racing

Quarter Horse racing is popular throughout the entire United States. Quarter Horses are faster than Thoroughbreds, but run shorter distances. While the average Thoroughbred race is roughly a mile, the average Quarter Horse race is about a quarter of a mile (hence the name of the breed). The classic distance of a Quarter Horse race is 440 yards (400 m), but races are run from anywhere between 100 and 1,000 yards (910 m).

American Quarter Horses are shorter and more muscular than their Thoroughbred cousins, and so are more suited to shorter, more explosive races. 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.
Horse racing in Mauritius

In 1812, The Mauritius Turf Club was founded by Colonel Draper. It is the 2nd oldest racecourse in the world and is the oldest racecourse in the southern hemisphere. Horse racing is a popular sport in Mauritius.

Betting Exchanges

In addition to traditional betting with a bookmaker, punters are able to both back and lay money on an online betting exchange. Punters who lay the odds are in effect acting as a bookmaker. The odds of a horse are set by the market conditions of the betting exchange which is dictated to by the activity of the members.