Horse Racing in the UK

Horse racing is one of the oldest sports in all of human history. If you’re unfamiliar with what it is, horse racing is the sport of running horses at high speed. These horses are usually Thoroughbred horses that are ridden by a driver.

There are different types of horse racing.

The first type of horse racing is called racing on the flat. This means that the jockey riding the horse is tested on their skill, speed, and horse riding stamina. Instead of jumping over obstacles, the jockey rides on flat land and must know when to make an effort for their horse to go faster and perform better.

The second type of horse racing is called harness racing. Harness racing typically means that the horses run at a particular speed, usually pulling a cart. This cart is also known as a sulky, and a driver accompanies the horse.

bet365 bonus code details

Image

History of horse racing

Thanks to the Britannica website, we have some information about the history of horse racing. Back in the period between 700-40 BCE, horse racing took place during the Olympic games in Greece. These races were of two types, chariot racing and mounted, bareback races.

These races were organized for public entertainment, and crowds would flock to the streets to watch the races take place. In addition to horse racing being popular in Greece, both chariot and bareback races were popular during the Roman Empire.

Historians haven’t been able to find much information or evidence about horse racing in other countries and civilizations. Still, many historians and researchers suspect that organized horse racing took place in China, Arabia, and other countries in the Middle East.

How Many People Bet on Horse Racing?

Horse racing is a very popular sport. On a personal note, I was first introduced to horse racing after watching the Audrey Hepburn film, My Fair Lady when I was a child. After watching the movie, I was under the impression that horse racing was popular in the 1960s but not for much longer after that. I was sadly mistaken!

The 21st century has shown us that horse racing has been and continues to be one of the most popular sports of our time. In an article by Racing Explained, we’ve learned that horse racing is the second most popular sport in the UK in terms of spectator sports. Football is the most popular sport in the UK.

After a series of surveys were conducted, we found out that over 5.5 million people watch horse races in the UK. An interesting fact is that 40% of those people are women!

While My Fair Lady might have given some of us the impression that going to the races requires formal dressing, this isn’t true. We’d argue that the reason watching horse racing is so popular is because several racecourses around the UK don’t require a formal or specified dress code, thus allowing a large number of people to relax and watch the races.

How Much Money Does the Government Earn Through Horse Racing?

In data provided by Statista, we’ve learned that the revenue earned from horse racing has decreased significantly in the years between 2009 and 2020. In 2009, the UK government made around 5.74 billion pounds. However, in 2020, that number dropped.

However, it’s important to note that the number of betting shops has remained the same since 2009, with shops like William Hill and Ladbrokes making up for more than 50% of all betting shops in the United Kingdom.

If you’re interested in betting on horses, you can use our bet365 bonus code details to win £100 in Bet Bonus Credits!

Conclusion

This short article took you through a brief history of horse racing, how many people bet on horse racing every year, and how much revenue the government earns every year from the sport.

This article does not necessarily reflect the opinions of the editors or the management of EconoTimes

Internet Explorer Channel Network
News Related

OTHER NEWS

Mangalam Organ Standalone September 2021 Net Sales at Rs 143.01 crore, up 66.37% Y-o-Y

Reported Standalone quarterly numbers for Mangalam Organics are: Net Sales at Rs 143.01 crore in September 2021 up 66.37% from Rs. 85.96 crore in September 2020. Quarterly Net Profit at ... Read more »

Swaraj Engines Standalone September 2021 Net Sales at Rs 343.59 crore, up 17.56% Y-o-Y

Reported Standalone quarterly numbers for Swaraj Engines are: Net Sales at Rs 343.59 crore in September 2021 up 17.56% from Rs. 292.28 crore in September 2020. Quarterly Net Profit at ... Read more »

Tech Mahindra Standalone September 2021 Net Sales at Rs 8,464.87 crore, up 14.32% Y-o-Y

Reported Standalone quarterly numbers for Tech Mahindra are: Net Sales at Rs 8,464.87 crore in September 2021 up 14.32% from Rs. 7,404.40 crore in September 2020. Quarterly Net Profit at ... Read more »

Quick Heal Tech Standalone September 2021 Net Sales at Rs 103.79 crore, up 25.26% Y-o-Y

Reported Standalone quarterly numbers for Quick Heal Technologies are: Net Sales at Rs 103.79 crore in September 2021 up 25.26% from Rs. 82.86 crore in September 2020. Quarterly Net Profit ... Read more »

Ramco Cements Consolidated September 2021 Net Sales at Rs 1,503.11 crore, up 18.74% Y-o-Y

Reported Consolidated quarterly numbers for The Ramco Cements are: Net Sales at Rs 1,503.11 crore in September 2021 up 18.74% from Rs. 1,265.86 crore in September 2020. Quarterly Net Profit ... Read more »

Hardcastle Standalone September 2021 Net Sales at Rs 1.55 crore, up 103.82% Y-o-Y

Reported Standalone quarterly numbers for Hardcastle and Waud Manufacturing Company are: Net Sales at Rs 1.55 crore in September 2021 up 103.82% from Rs. 0.76 crore in September 2020. Quarterly ... Read more »

SRF Standalone September 2021 Net Sales at Rs 2,291.23 crore, up 30.44% Y-o-Y

Reported Standalone quarterly numbers for SRF are: Net Sales at Rs 2,291.23 crore in September 2021 up 30.44% from Rs. 1,756.58 crore in September 2020. Quarterly Net Profit at Rs. ... Read more »

Digicontent Standalone September 2021 Net Sales at Rs 0.40 crore, up 90.48% Y-o-Y

Reported Standalone quarterly numbers for Digicontent are: Net Sales at Rs 0.40 crore in September 2021 up 90.48% from Rs. 0.21 crore in September 2020. Quarterly Net Loss at Rs. ... Read more »

Food services industry contracts 53% due to pandemic: NRAI report

Representational image The restaurant industry or the food services industry contracted by about 53 percent in the financial year 2021 as the COVID-19 pandemic wreaked havoc, a report released by ... Read more »

Ramco Cements Standalone September 2021 Net Sales at Rs 1,493.12 crore, up 18.79% Y-o-Y

Reported Standalone quarterly numbers for The Ramco Cements are: Net Sales at Rs 1,493.12 crore in September 2021 up 18.79% from Rs. 1,256.99 crore in September 2020. Quarterly Net Profit ... Read more »

Tech Mahindra Consolidated September 2021 Net Sales at Rs 10,881.35 crore, up 16.11% Y-o-Y

Reported Consolidated quarterly numbers for Tech Mahindra are: Net Sales at Rs 10,881.35 crore in September 2021 up 16.11% from Rs. 9,371.80 crore in September 2020. Quarterly Net Profit at ... Read more »

Quick Heal Tech Consolidated September 2021 Net Sales at Rs 103.79 crore, up 22.95% Y-o-Y

Reported Consolidated quarterly numbers for Quick Heal Technologies are: Net Sales at Rs 103.79 crore in September 2021 up 22.95% from Rs. 84.41 crore in September 2020. Quarterly Net Profit ... Read more »

Tesla races toward $1 trillion market capitalization club on record Hertz order

Tesla Inc on Monday neared $1 trillion in market capitalization as the company founded by Elon Musk received its biggest-ever order from Hertz, which announced plans to buy 100,000 electric ... Read more »

Mangalam Organ Consolidated September 2021 Net Sales at Rs 143.05 crore, up 66.57% Y-o-Y

Reported Consolidated quarterly numbers for Mangalam Organics are: Net Sales at Rs 143.05 crore in September 2021 up 66.57% from Rs. 85.88 crore in September 2020. Quarterly Net Profit at ... Read more »

Digicontent Consolidated September 2021 Net Sales at Rs 82.76 crore, up 18.23% Y-o-Y

Reported Consolidated quarterly numbers for Digicontent are: Net Sales at Rs 82.76 crore in September 2021 up 18.23% from Rs. 70.00 crore in September 2020. Quarterly Net Profit at Rs. ... Read more »

Largest order for plug-in cars ever: 100,000 Teslas to Hertz for rental

The order from Hertz is the largest order for electric cars ever. It is also striking that Hertz pays the list price for Tesla’s Model 3s, while normally hefty discounts ... Read more »

Just months after bankruptcy, Hertz says it will buy 100,000 Teslas for new electric fleet

Shares of Tesla surged on Monday, with the Hertz deal expected to net the electric car maker more than $4 billion. Read more »

Sebi levies fine on 3 employees of Titan for violating insider trading norms

Markets regulator Sebi on Monday imposed monetary penalty on three employees of Titan Company Ltd for violating insider trading norms. The regulator had received a letter from Titan wherein it intimated about violation of Prevention of Insider Trading (PIT) ... Read more »

Visa closes $5 million investment as part of Open's Series C fundraise

Payments technology and card company Visa has closed its investment of $5 million in Open which was part of the neobank’s $100 million Series C fundraise, said sources aware of ... Read more »

NSE surpasses 5 crore registered investors; Maharashtra tops with 17% new investor registrations

The number of registered investors on the National Stock Exchange of India (NSE) crossed five crore on Monday. While the journey from three crore registered investors to four crore registered ... Read more »

Rocket builder ABL raises $200 million, increasing valuation to $2.4 billion

An RS1 rocket booster is shipped out of the company's headquarters in El Segundo, California.ABL Space Rocket builder ABL Space on Monday announced the close of a $200 million round ... Read more »

Google failed to remove over 2,600 illegal materials by early October — lawmaker

Vasily Piskaryov recalled that, during the meeting with the company's management in April, this number stood at over 5,700 Read more »

Facebook top execs interfered to allow US celebrities, politicians violate content rules: Internal documents

Representative image Senior executives of social media giant Facebook intervened to allow politicians and celebrities in the United States to share posts that violated rules related to misinformation and harmful content, reports ... Read more »

Serum Institute of India seeks regular marketing authorisation from DCGI for Covishield

(Image: AFP) Pointing out that over 100 crore doses of Covishield have been supplied in India and many other countries, Serum Institute of India on Monday sought regular marketing approval ... Read more »

Dr. Scott Gottlieb says he'll get his young kids Covid vaccinated as soon as they're eligible

Dr. Scott Gottlieb told CNBC on Monday he plans to get his young kids vaccinated against Covid “as soon as they're eligible.” Pfizer said Friday its two-shot vaccine at smaller ... Read more »

Ceat Q2 net profit skids 77% to Rs 42 crore; approves plan to raise Rs 500 crore

Tyre maker Ceat Ltd on Monday reported a 77 per cent decline in consolidated net profit at Rs 42.28 crore for the the second quarter ended September 30, impacted by ... Read more »

Fate of world's oldest bank, Italy's BMPS, unclear as talks fail

The fate of the world’s oldest bank, Italy’s Banca Monte dei Paschi di Siena (BMPS), was hanging in the balance on Monday after the collapse of talks for its sale ... Read more »

Wall Street pause ahead of earnings from tech giants

Source: Reuters Wall Street stocks were mostly little changed early Monday ahead of a deluge of earnings reports later in the week from many of the biggest US companies. Tech ... Read more »

Online searches for housing properties at record high in September; Delhi-NCR tops the list: Housing.com

Online searches for residential properties touched an all-time high in September 2021, with Delhi-NCR topping the chart. This was on the back of positive consumer outlook amid easing concerns on ... Read more »

Facebook allowed politicians, celebrities to flout rules, report reveals

It is reported that the company's management intervened to allow US politicians and celebrities to post anything without any restrictions Read more »

CCI approves HDFC Bank's acquisition of 4.99% stake in HDFC ERGO General Insurance Co

Fair trade regulator Competition Commission of India (CCI) on Monday approved HDFC Bank’s acquisition of 4.99 per cent shareholding in HDFC ERGO General Insurance Company. In June, HDFC Bank had ... Read more »

Tesla stock pops as Hertz orders 100,000 cars in electric rental revamp

Hertz purchased 100,000 Teslas as an “initial order” that will be delivered by the end of 2022. John Thys/AFP via Getty Images Shares of Tesla popped more than 4 percent ... Read more »

Indian economy likely to register 9.5% growth this fiscal: UBS Securities

Representational image. The economy is likely to register a 9.5 percent growth this fiscal over 7.3 percent contraction last year, as the ongoing recovery is faster and more credible than ... Read more »

Bank of Russia does not rule our lower profits of banks in 2022

At the end of 2021, the regulator forecasts a record profit for the banking sector of around $35.75 bln Read more »

Bombay HC: PhonePe cannot claim exclusivity over ‘Pe', in tussle with BharatPe

PhonePe has been asked to stake claim on the entire name, and not a portion of it (Source: ShutterStock) The Bombay High Court has said that PhonePe cannot claim exclusivity ... Read more »

BPCL Privatisation: Bidders struggle to find partners, process may get delayed

The sale of Bharat Petroleum is said to fetch $13 billion for the exchequer and other shareholders. Bharat Petroleum Corporation Limited’s (BPCL) privatisation is facing roadblocks as bidders are finding ... Read more »

Nord Stream 2 certification requires legitimacy for exploitation, says German ambassador

The construction of Nord Stream 2 was fully completed on September 10 Read more »

Gold prices back above Rs 48,000 on safe-haven billing, rupee slips; silver up Rs 359

Gold prices soared Rs 337 to Rs 48,142 for 10 gram in the Mumbai bullion market, tracking a positive overseas trend and a sharp fall in the rupee. The precious ... Read more »

Wealth of Tesla CEO Elon Musk peaks above $250 billion

Especially the very prosperous ride up in recent weeks of the Tesla share, in which Musk has a large stake, gives his wealth wings. According to data agency Bloomberg, the ... Read more »

Tech Mahindra added 14,930 employees in Q2 FY22, attrition soared to 21%

Attrition was lower in tier two cities IT services company Tech Mahindra added 14,930 employees for the quarter ending September 2021 as the demand for technology services continue to increase. With ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic