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The company was founded by Harry L. Straus, a computer engineer from Baltimore, who became interested in developing a fairer system of calculating and displaying odds and payouts on parimutuel betting after an incident at a Maryland racetrack in 1927. When a horse listed at 12:1 odds won, but paid off at 4:1, Straus recognized the need for a ...
In 2019, the Stronach Group partnered with Xpressbet to host Pegasus World Cup Betting Championship with the total prize of $435,000. [14] The fourth Pegasus World Cup, to be run on 25 January 2020, will carry a purse of $3 million and require that horses be free of all race-day medications.
Horse Racing TV was a premium television network featuring racing from both Stronach Group tracks and other participating tracks. [2] In 2007, Magna sold 50% of Horse Racing TV to Churchill Downs Incorporated. In February 2015, HRTV was acquired by Betfair, owner of the competing TVG Network, and rebranded TVG2. Golden Gate Fields, Albany ...
The ratings for the horses also help establish two other awards: the aforementioned Longines World's Best Horse Race and the Longines World's Best Jockey. The Longines World's Best Horse Race award recognizes the best-rated race of the highest-rated Group 1 international races as established by a panel of international handicappers.
A bet to win, sometimes called a "straight" bet, means staking money on the horse, and if it comes in first place, the bet is a winner. In a bet to place, you are betting on your horse to finish either first or second. A bet to show wins if the horse finishes first, second or third. Since it is much easier to select a horse to finish first ...
Group races, also known as Pattern races, or Graded races in some jurisdictions, are the highest level of races in Thoroughbred horse racing.They include most of the world's iconic races, such as the Derby, Irish Derby and Prix de l'Arc de Triomphe in Europe, the Melbourne Cup in Australia, and the Kentucky Derby and Breeders' Cup races in the United States.
Historical horse racing machines at The Rose Gaming Resort in Virginia. Historical horse racing (HHR), originally known as Instant Racing, is an electronic gambling product that allows players to bet on replays of horse races or dog races that have already been run, using terminals that typically resemble slot machines.
Sports Information Services [2] (SIS) is a company which provides content and production services to the betting industry; such as horse racing and greyhound racing, to betting shops in the United Kingdom and Ireland and other worldwide destinations. Previously, they provided news gathering services and specialised broadcast solutions to ...