Horse Betting Types
By: Richard Bleuze
Types of horse races.
MAIDEN RACE -
CLAIMING RACE -
ALLOWANCE RACE -
HANDICAP RACE -
STAKES RACE -
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A race exclusively for horses that have never won a race. A horse is said to have “broke his maiden” when he wins, and must progress into one of the other types of races described below. The most common of all races. A race where owners can put their horses up for sale for a specified amount prior to the running of the race. Once the race begins, a claimed horse becomes the property of the new owner though purse money from the race goes to the former owner. One step above claiming races. Horses are not for sale in allowance races. Horses competing in allowance races are usually faster than horses competing in claiming races, and are generally being prepared to compete in better stakes events. A race for which the racing secretary has assigned weights after evaluating each entrant’s past performances. The idea is to burden the best horses in the field with the most weight, which would theoretically improve the chances of the less-accomplished entrants. The highest class of race reserved for the best horses. Owners typically pay an entry fee to nominate, enter, and run their horses. The Kentucky Derby is an example of one of America’s greatest stakes races.About the Author:
Richard provides articles and information on horse racing on his website at http://www.bettingthehorsesonline.com
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Major racetracks
Major horse racetracks in the U.S. were opened
- at Fair Grounds in New Orleans, Louisiana in 1853;
- at Saratoga Race Course in Saratoga Springs, New York in 1863;
- at Pimlico Race Course in Baltimore, Maryland in 1870;
- at Monmouth Park Racetrack in Oceanport, New Jersey, opened in 1870;
- at Churchill Downs in Louisville, Kentucky, opened in 1875;
- at Aqueduct Racetrack in the Ozone Park neighborhood of Queens in 1894;
- at Oaklawn Park in Hot Springs, Arkansas in 1904;
- at Belmont Park in Elmont, New York, just outside New York City on Long Island, in 1905;
- at Fairmount Park Racetrack in the St. Louis suburb of Collinsville, Illinois in 1925;
- at Hialeah Park Race Track in Hialeah, Florida, near Miami in 1925;
- at Arlington Park in the Chicago suburb of Arlington Heights, Illinois in 1927;
- at Santa Anita Park in the San Gabriel Valley community of Arcadia, California, in the Los Angeles area, in 1934;
- at Keeneland Race Course in Lexington, Kentucky in 1936;
- at Del Mar Racetrack in the San Diego suburb of Del Mar, California in 1937;
- at Hollywood Park Racetrack in another Los Angeles suburb, Inglewood, California, in 1938.
Thoroughbred horse racing in the United States has its own Hall of Fame in Saratoga Springs, New York. The Hall of Fame honors remarkable horses, jockeys, owners and trainers.
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