Racing

Racing is one gambling pursuit where the winning of bets is not only measure of success or means of pleasure. Apart from the whole business of owning, breeding and training horses, and the prestige of winning the famous races, immense satisfaction is gained by all followers from the spectacle of great race provokes speculation and excitement in people who would regard betting on the outcome as almost blasphemous.

In Britain, the great flat races are the five Classics ( the 1000 Guineas, the 2000 Guineas, the Derby, Oaks and St Leger, all for three-year-olds). There are other important races, particularly at Royal Ascot and the principal Good wood meeting, both if which are social occasions, and at New market, the headquarters of British racing. Over the sticks in winter, the most famous race is the Grand National, perhaps the toughest in the world. It is a vast betting medium, but, being a handicap, is rarely won by the best horse in the field. The real champions stake their claims at Cheltenham, where the gold Cup for steeplechase rs and Champion Hurdle are run.

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