Horse racing has its long-time history in the United States. However, it could be traced back in 1665 when a horse race track was established at Salisbury, New York. The Newmarket course organized the first horse racing event in the history of the United States. From that, this sport has become more popular and popular.
By 1890, there are 300 horse race tracks operating in the United States. Four years later, the American Jockey Club was founded. Due to World War II, horse racing became less popular until horses began to win the Triple Crown, a series of three races namely the Kentucky Derby, the Preakness Stakes, and the Belmont Stakes.
Bet on Horse Racing in U.S.
Gambling has been restricted in the United States. In the 20th century, an anti-gambling organization in the United States let many bookmakers be banned. Such bans brought a huge blow to horse racing, which depended on gambling.
However, the pari-mutuel betting was still permitted on the Kentucky Derby in 1908. Nowadays, people from all around the world can bet on the biggest horse races in the United States, such as the Kentucky Derby every year. However, betting on horse racing is regulated by each state where the race is organized, such as Kentucky for the Kentucky Derby.
Online Horse Racing Betting in U.S.
Although the online sports betting is still out of reach for many U.S. people, the online horse racing betting is more popular in this nation. The United States legalizes residents to bet on horse racing via online channels. Therefore, a person in the United States can bet as much as they want on the horse racing events such as the Kentucky Derby but cannot place a $1 bet on online poker.
There are some legalized online betting sites in the United States which specialize in betting on horse racing. These firms operate with a license from the states where they are located.