Thoroughbred racing

Flat racing is the most common form of Thoroughbred racing. The track is typically oval in shape and the race is based on speed and stamina. Within the general category of Thoroughbred flat racing, there exist two separate types of races. These include conditions races and handicap races. Condition races are the most prestigious and offer the biggest purses. Handicap races assign each horse a different amount of weight to carry based on their ability.[11] Beside the weight they carry, the horse is also influenced by its closeness to the inside barrier, the track surface, its gender, the jockey, and the trainer. A typical Thoroughbred race is run on dirt, synthetic or turf surfaces. Viscoride and Polytrack are synthetic substitutes. Thoroughbred races vary in distance, but are usually somewhere between five and twelve furlongs. A furlong is a distance measurement equal to one eighth of a mile, 220 yards[12] or 201.168 metres.

Thoroughbred racing in the United States

In 1665, the first racetrack was constructed on Long Island. It is the oldest thoroughbred race in North America. The American Stud Book was started in 1868, prompting the beginning of organized horse racing in the United States. There were 314 tracks operating in the United States by 1890; and in 1894, the American Jockey Club was formed.[15] The anti-gambling sentiment prevalent in the early 20th century led almost all states to ban bookmaking. Bookmaking is the process of taking bets, calculating odds, and paying out winnings. This nearly eliminated horse racing altogether. When parimutuel betting was introduced in 1908, the racing industry turned around.[16] Horse racing flourished until World War II. The sport did not regain popularity in the United States until horses began to win the Triple Crown. The Triple Crown is a series of three races, consisting of the Kentucky Derby, the Preakness Stakes, and the Belmont Stakes.[